New Delhi, Sep 10 : Prime Minister Narendra Modi and his Nepalese counterpart K P Sharma Oli on Tuesday jointly inaugurated the South Asia's first cross border pipeline the landmark Motihari-Amlekhgunj project through video conferencing.
The launch of the new project would help give in 'new dynamism' in the bilateral relations between two countries, Nepal Prime Minister said.
"This project without doubt will enhance inter connectivity and inter dependence between our two countries. It is one of the best examples of connectivity in terms of trade and transit," Mr Oli said. He invited Prime Minister Modi to visit Nepal at the earliest and said he is very much keen to work with his Indian counterpart in bringing about 'prosperous Nepal'.
Mr Modi said he was glad to get the invitation and would like to visit the Himalayan nation at the earliest. Mr Modi said it was a happy occasion that such a project was being inaugurated today.
"India and Nepal enjoy decades old people to people relationship," Prime Minister said.
"In recent times, the highest level political relationship too has grown. In one and half years, I have personally met Nepal Prime Minister as many as four times," he said. Mr Modi said: "It is the priority of both the governments to ensure earlier implementation of the joint projects".
"With the inauguration of this pipeline, every year two million metric tonnes of clean fuel will be transmitted to Nepal and this will help the citizens of Nepal," Mr Modi said adding "it was a matter of utter satisfaction for India to know that due to this project the fuel price cost will be minimised in Nepal".
Prime Minister said in order to take India-Nepal partnership to a new height a new and comprehensive agenda has been prepared.
"I am glad to note that in all sectors of mutual cooperation, we are making satisfactory progress," he said and pointed out that the foreign ministers of both the countries Dr S Jaishankar and Pradeep Gyawali have reviewed the progress in cooperation during their Kathmandu meeting recently.
"I would like to reiterate once again India's commitment to help Nepal attain its development and progress according to its own priorities," Mr Modi said. Nepal Prime Minister Mr Sharma Oli in his remarks said the project has been completed much before the scheduled time.
"This pipeline project is the first of its kind," he said adding, "it will not only save time, reduce cost, lessen road traffic and reduce air pollution in transporting petroleum from India to Nepal but also open avenues for Nepal to open similar pipelines across the country".
"I am also happy to share with you that the Nepal Oil Corporation has already reduced both diesel and petrol prices by Rs 2 per litre effective from today," the Nepalese Prime Minister said. (UNI)