KATHMANDU, May 16: Nepal and India have signed and exchanged six Memorandum of Understanding (MoUs) and Agreements during the visit of Indian Prime Minister Narendra Modi to Lumbini.
According to Indian Ministry of External Affairs (MEA), the MoUs and Agreements signed include:
1.Memorandum of Understanding between Indian Council of Cultural Relations (ICCR) and Lumbini Buddhist University on the establishment of Dr. Ambedkar Chair for Buddhist Studies,
A progressive step for cross-border transactions
2. Memorandum of Understanding between Indian Council of Cultural Relations (ICCR) and CNAS, Tribhuvan University on the establishment of ICCR Chair of Indian Studies
3. Memorandum of Understanding between Indian Council of Cultural Relations (ICCR) and Kathmandu University (KU) on the establishment of the ICCR Chair of Indian Studies
4. Memorandum of Understanding [in collaboration] between Kathmandu University (KU), Nepal and Indian Institute of Technology Madras (IIT-M), India.
5. Letter of Agreement (LoA) between Kathmandu University (KU), Nepal and Indian Institute of Technology (IITM), India [ For Joint degree program at Master’s level]
6.Agreement between SJVN Ltd and Nepal Electricity Authority (NEA) for Development and implementation of Arun 4 Project.
