Ensure petro products’ supply: PM

Kathmandu, March 17:

Prime Minister Girija Prasad Koirala today instructed the newly appointed Nepali ambassador to India Dr Durgesh Man Singh to seek Indian support for smooth supply of petroleum products to Nepal.

“Prime Minister is serious about ensuring smooth supply of essential products including petroleum products,” said Singh at an interaction here today after his meeting with

the premier.

He further said that he would seek India’s support for making peaceful, democratic and stable Nepal. “I will request the central and state governments to increase their investments in the socio-economic development of areas along the Indo-Nepal borders,” Singh said.

To foster bilateral trade and economic relations, he said that the Nepali diplomatic mission would constantly interact with Indian government officials and private sector representatives and explore new avenues and exploit the existing potentials as well. “Indian private sector is keen in investing in hydropower, tourism and other infrastructure developments in Nepal,” he added.

Referring his meeting with Indian ambassador to Nepal Shiv Shankar Mukherjee and other embassy officials, Singh said that India is willing to sign yet another pact with Nepal to incorporate all left out issues including trade in services and investment, among others.

He added that he would constantly focus at promotion of Nepal as a wonderful destination for Indian tourists. “We have to float attractive and competitive tour packages and programmes to lure the Indian tourists, who go holidaying in Europe and US,” he said.

In order to bridge ballooning trade deficit between Nepal and India, he suggested

that Nepal should generate more hydropower and export it to India. Nepal has to seek areas of competitive and comparative advantages to establish industries and export goods to the Indian markets, Singh suggested.