KATHMANDU, Jan. 5 (Nepal Foreign Affairs)–Amid India’s unofficial trade embargo on Nepal, the 31st Meeting of the Board of Directors of B. P. Koirala India- Nepal Foundation (BPKF) was held in Nagarkot on Monday and Tuesday.
The meeting was co-chaired by Nepali Ambassador to India Deep Kumar Upadhyay and Indian Ambassador to Nepal Ranjit Rae.
According to a press release issued by the Embassy of India in Kathmandu, the meeting took stock of the initiatives taken during the past year in the field of art & culture, literature, science and technology, agriculture and women empowerment among others.
During the period 2014-2015, the BPKF implemented 96 projects, worth NR 2,14,19,249/. The projects covered all areas of the Foundation’s activities and were implemented by renowned academic and cultural institutions in India and Nepal.
The embassy said that the meeting approved twenty seven proposals submitted by institutions and organizations of Nepal and India aimed at furthering people-to-people relations between the two nations. The projects are valued at NR 2,81,51,412/-.
While the meeting also expressed condolences over the sad demise of Former Indian Ambassador to Nepal Prof. Bimal Prasad. The Board has placed on record contributions made by Prasad as the Founder Co-Chairperson of the Foundation. “To honour his role in strengthening India-Nepal relations, the Board decided to institute a Prof. Bimal Prasad Memorial Lecture Series, to be held on an annual basis, alternately in India and Nepal,” read the press release.
B.Koirala India-Nepal Foundation was established by the Governments of India and Nepal through a Memorandum of Understanding signed between the two governments in 1991 for promoting mutual understanding between people of Nepal and India.