Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: India and Nepal today signed a memorandum of understanding (MoU) for construction of a motorable Bridge over the Mahakali River connecting Darchula (Nepal) with Dharchula (India), under Indian grant assistance.
The MoU was signed by Ambassador of India, Vinay Mohan Kwatra and Secretary, Ministry of Physical Infrastructure and Transport, Rabindra Nath Shrestha, in presence of Minister of Physical Infrastructure and Transport, Renu Kumari Yadav.
After the project is completed, it will enhance cross-border connectivity between the Sudurpaschim province of Nepal and the Uttarakhand state of India across the Mahakali River where close people-to-people links exist between communities on both sides of the border. This is in line with the priority shared by both the governments to expand cross-border connectivity for streamlining commercial, cultural and people-to-people exchanges.
According the MoU between Nepal and India, the construction of the bridge will commence soon.
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