Reaching out to Nepal, India will construct a Rs680-crore road and undertake some other developmental projects there, agreements for which will be signed during the visit of external affairs minister SM Krishna beginning tomorrow.
Krishna will undertake a three-day visit, which assumes significance as it comes in the midst of the renewed political turmoil in Nepal.
During his first visit as external affairs minister, Krishna will meet president Ram Baran Yadav and prime minister Madhav Kumar Nepal and hold talks with deputy prime minister and foreign minister Sujata Koirala.
The status of Nepal's peace process besides bilateral relations and ways to enhance these will be discussed.
"The visit is in consonance with the ongoing high-level bilateral interaction between the two countries," the external affairs ministry said in a statement.
During the trip, the two sides will sign five pacts, including one for construction of a road in Terai. The road, that will provide better connectivity with India, will be built at a cost of Rs680 crore, sources said.
Another pact will be in the power sector and entails electrification of five villages in Nepal, they said.
MoUs will also be signed for establishment of a Scientific and Research Centre in Nepal, providing Central Depository System facility for Nepal Stock Exchange and establishment of Nepal Police Academy.
