KATHMANDU: Nepal has invited the United Arab Emirates (UAE) to invest in the Budhigandaki Hydropower Project.
The proposal was raised on Saturday in Abu Dhabi during a courtesy meeting between Home Minister Sudhan Gurung, who is visiting 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 developing 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 modernizing security agencies and making greater use of technology.
Gurung’s secretariat said both sides welcomed the idea of exchanging formal proposals for Nepal’s proposed projects, taking the necessary steps to advance them, and expanding cooperation in the future.
Gurung left for Dubai on Friday to attend the World Police Summit.
