China's Concerns Rise As India-Nepal Seal Long-Term Energy Pact

External Affairs Minister S Jaishankar's recent visit to Nepal has sparked optimism, as the two nations engaged in what was described as a "comprehensive and productive" meeting.

The talks, part of the 7th India-Nepal Joint Commission meeting, covered crucial ground on bilateral ties, trade, and key areas of cooperation.

A significant stride in the relationship came with Nepal signing an agreement to export 10,000 MW of power to India, as reported by The Times Of India.

This move solidifies the ongoing collaboration in the energy sector.

Additionally, both countries signed an agreement to cooperate in renewable energy and jointly inaugurated three cross-border transmission lines.

The China Factor

The meeting also shed light on the geopolitical contest between China and India for influence in Nepal.

With an abundant hydropower potential of 42,000 MW, Nepal has become a focal point in this diplomatic rivalry.

However, the outcomes of the meeting signal India's commitment to strengthening ties with Nepal, countering China's advances through the Belt and Road Initiative.

Beyond the energy sector, the two nations inked agreements for high-impact community development projects.

Additionally, the launch service agreement for the Munal Satellite, developed by the Nepal Academy of Science and Technology, was signed, showcasing advancements in space cooperation.

Historical Bonds

Jaishankar's visit included meetings with President Ramchandra Paudel and Prime Minister Pushpa Kamal Dahal 'Prachanda', where they reaffirmed the age-old "Roti Beti" relationship between India and Nepal.

In a notable gesture of goodwill, India pledged $75.11 million in assistance to support Nepal in reconstructing areas affected by earthquakes.