Kathmandu, November 15
Nepal has invited the United Arab Emirates (UAE) to invest in the Budhigandaki Hydropower Project as part of efforts to expand bilateral economic cooperation.
The proposal was made on Saturday during a courtesy meeting in Abu Dhabi between Home Minister Sudhan Gurung, who is on a visit to the UAE, and UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi.
According to Gurung’s secretariat, the minister also proposed cooperation in Nepal’s agriculture and service sectors, as well as in security technology.
The two sides discussed bilateral trade, investment and economic cooperation. They also exchanged views on modernising security agencies and expanding the use of technology in the security sector.
Gurung’s secretariat said both sides welcomed the proposal to exchange formal investment proposals for Nepal’s projects, take necessary steps to move them forward and explore further areas of cooperation.
Gurung left for Dubai on Friday to attend the World Police Summit.
