List of Events/Agreements/MoUs signed during Prime Minister's visit to Nepal

Published By : Admin | November 25, 2014 | 19:40 IST

S.No

MoU/Agreement

Signatory

from

Govt of Nepal

Signatory

from

Govt. of India

1

MoU on Nepal Police Academy

(NPA)

Mr. Suman Prasad Sharma,

Secretary, Ministry of Finance

Ms. Sneh lata Kumar

Secretary (BM)

Ministry of Home Affairs

2

Unveiling of Plaque for Nepal Police Academy

3

MoU on Tourism

Mr. Suresh Man Shrestha, Secretary,

Ministry of Culture, Tourism & Civil Aviation

Shri Ranjit Rae,

Ambassador

4

MoU Traditional Medicines

Mr. Sant Bahadur Shrestha,

Secretary,

Ministry of Health

Shri Ranjit Rae, Ambassador

5

MoU on Youth Exchange

Mr. Dipendra Nath Sharma,

Secretary, Ministry of Youth & Sports

Shri Ranjit Rae,

Ambassador

6

Handing over of keys for Mobile Soil Testing Vanby Shri Saroj Kumar Poddar,

Chairman, paradeep Phospates Ltd to Mr. Jaya Mukunda Khanal, Secretary, Ministry of Agricultural Development , GoN

7

LoC US$ 1 billion Agreement

Mr. Madhu Kumar Marasini,

Joint Secretary (Min. of Finance)

Mr. David Rasquinha

Deputy Managing Director, Exim Bank

8

Motor Vehicle Agreement (MVA)

Bishnu Om Bade, Joint Secretary,

Ministry of Physical Infrastructure & Trnasport

Mr. Niraj Verma,

Joint Secretary

Ministry of Road Transport & Highways

9

MoU on PDA for ARUN III

Shri Radhesh Pant

CEO

Investment Board Nepal

Shri R.P. Singh, CMD

Satlaj Jal vidyut Nigam

10

Twin City Agreement between Ayodhya-Janakpur

Mr. Purna Chandra Bhattarai

Officiating Secretary,

Ministry of Federal Affairs and

Local Development

Ambassador

11

Twin City Agreement between

Kathmandu-Varanasi

Mr. Dhan Bahadur Shrestha

Executive Officer

Kathmandu Metropolitan City

Ambassador

12

Twin City Agreement between

Lumbini-Bodh Gaya

Mr. Durga Nath Gautam

Executive Officer

Lumbini Sanskritik Municipality

Ambassador

4.7 (3)-684 4.7 1 (3)

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Prime Minister and President of Cyprus interact with business leaders from Cyprus and India
June 15, 2025

Prime Minister Shri Narendra Modi along with the President of Cyprus, H.E. Nikos Christodoulides today held a Roundtable interaction with business leaders from Cyprus and India in Limassol. The participants represented diverse sectors such as banking, financial institutions, manufacturing, defence, logistics, maritime, shipping, technology, innovation, digital technologies, AI, IT services, tourism and mobility.

Highlighting India's rapid economic transformation in the last 11 years, Prime Minister noted that India, propelled by next-generation reforms, policy predictability, stable polity and Ease of Doing Business, has become the fastest growing major economy in the world. Emphasizing on the primacy being given to innovation, digital revolution, start-up and futuristic infrastructure development, he expressed confidence that India, the fifth largest economy in the world, was well positioned to become the third largest in a few years’ time. He noted that steady growth in India’s civil aviation, port, shipbuilding, digital payments and green development sectors have opened myriad opportunities for companies from Cyprus to partner with India. He further underlined the strengths of India’s skilled talent and start-up ecosystem and highlighted manufacturing, AI, Quantum, Semiconductor and Critical Minerals as new and emerging areas contributing to India’s growth story.

Prime Minister noted that Cyprus was a significant economic partner for India, particularly in the Foreign Direct Investment sector and welcomed the keen interest in Cyprus for new investments into the Indian economy. Highlighting the potential for business engagement in the financial services sector, the two leaders welcomed the signing of an MOU between NSE International Exchange GIFT CITY, Gujarat and Cyprus Stock Exchange. NIPL (NPCI International Payments Limited) and the Eurobank Cyprus reached an understanding on introducing UPI for cross border payments between the two countries which would benefit tourists and businesses. Prime Minister also welcomed the launch of the India–Greece–Cyprus (IGC) Business and Investment Council, which will foster trilateral cooperation in sectors such as shipping, logistics, renewable energy, civil aviation and digital services. Prime Minister welcomed the fact that many Indian companies see Cyprus as a gateway to Europe and hub for IT services, financial management, and tourism.

As Cyprus prepares to assume the Presidency of the EU Council next year, the two leaders reaffirmed their commitment to further strengthen India-EU Strategic Partnership. They expressed optimism about concluding the India-EU Free Trade Agreement by end of the year which would also give a major boost to trade and economic cooperation between the two countries. Prime Minister underlined that the business roundtable had given practical suggestions which would form the basis for a structured economic roadmap, ensuring long-term collaboration in trade, innovation and strategic sectors.

With shared aspirations and a future-focused approach, India and Cyprus are poised for a new era of dynamic and mutually beneficial economic cooperation.