Get All Access for $5/mo

What External Affairs Minister's Meet Would Unsheathe from Indo-Nepal Joint Commission Meet? The Indo-Nepal Joint commission meet would boost up the economic partnership, Trade and Bilateral relationship

By Vinayak Sharma

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

twitter

Economic status of the nation seems to be lowering down due to the hike in insolvency rate over the past few months. Central government has been scheduling meets and calling up conferences to waive off the economic slowdown in the country. Beginning from the Finance Ministry to the External Affairs, various norms have been followed to overcome the insolvency.

Recently, External Affairs minister Dr.Jaishankar's meet has been scheduled with Nepal Counterpart Pradeep Kumar Gyawali

The joint meeting between India and Nepal will look upon the overall state of bilateral relations, and various areas of cooperation such as economic partnership, trade, connectivity, power and water resources sector, culture, education. This meeting brings with itself the high hopes of bilateral improvement along with trade sector elevation.

How can the meet act as an economic enhancement?

  • With the past records of trade and investment between India and Nepal, Import of around 70 crores and export of around 65 crores have been escalating the bilateral relations of both nations since years. These trade duties would be strengthened and increase with the optimism in Indo-Nepal meets in joint commission.
  • Security issues are the foremost important concern to both the countries. To deal with proper efficiency and jointly with each other's security concerns, the two countries have institutionalized Home Secretary level meetings and established Joint Working Group on Border Management (JWG) and Border District Coordination Committees (BDCCs). These committees would uphold itself along with its refined credibility through these meetings.
  • Cooperation in Water Resource Agreements have always been the prominent areas of deal between India and Nepal. An important Power Trade Agreement was signed between the two countries in 2014 paving way for the power developers of both Nations to trade electricity across the border without restrictions. Private/public power developers from India have reached agreements with the Investment Board of Nepal to develop two mega hydropower projects – Upper Karnali and Arun III.
Vinayak Sharma

Entrepreneur Staff

Correspondent, Entrepreneur India

Business News

Meta Makes $1 Million Dollar Donation to Donald Trump's Inaugural Fund

Meta CEO Mark Zuckerberg also reportedly gave Trump a pair of Ray-Ban Meta smart glasses.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

Marketing

Your Most Powerful Marketing Weapon Is Hiding in the Finance Department — Here's Why

Transform your marketing leadership by turning finance from a barrier into a strategic ally. Learn how aligning with your finance team can drive unprecedented growth and innovation.

Starting a Business

They Bought an Ice Cream Truck Off eBay for $5,000. Now Their Company Has 70 Shops and Sells Treats in Over 12,000 Stores.

For the episode of "The Founder CEO," the co-founder and CEO of Van Leeuwen Ice Cream explains how one ice cream truck grew into a successful nationwide brand.

Leadership

I've Spent 37 Years in Business — Here's How I Beat the Odds and Stayed Ahead

For over thirty years, I have led a successful media production and communication consulting company. Only 25% of new businesses survive for 15 years or more, so I have beat the odds. But having staying power is not a matter of luck.