'India An Economic Powerhouse': Nepal FM Highlights Bilateral Partnership, Backs Cooperation
'India An Economic Powerhouse': Nepal FM Highlights Bilateral Partnership, Backs Cooperation Published By, Last Updated: June 07, 2026, 11:35 IST Nepal FM Shishir Khanal highlighted
'India An Economic Powerhouse': Nepal FM Highlights Bilateral Partnership, Backs Cooperation Published By, Last Updated: June 07, 2026, 11:35 IST Nepal FM Shishir Khanal highlighted growing India-Nepal cooperation in trade, energy and digital payments, while praising India's economic rise during his New Delhi visit. Nepal Foreign Minister Shishir Khanal briefs the media (Video screengrab/ANI) Nepal Foreign Minister Shishir Khanal on Sunday said Nepal wants to engage with a “rising India" that has emerged as a major technological and economic force, while advocating a development-oriented approach to bilateral ties focused on trade, connectivity, energy and economic transformation. Addressing the media during his visit to India, Khanal highlighted India’s economic growth and global standing, saying that Nepal sees opportunities for cooperation and shared prosperity. “When we look across the border, we see India as an economic powerhouse." “We see a rising India, an India that has fundamentally and beautifully redefined itself on the global stage as a dynamic, fast-growing tech and economic powerhouse," he said. “We want to engage with this India of intense aspiration, cutting-edge technology, and relentless execution. In turn, we bring the energy of aspiring Nepal." Khanal also said Nepal’s new political leadership does not view relations with India through the lens of old geopolitical rivalries. “We refuse to look at India through the distorted, hypersensitive lens of 20th-century geopolitics," Khanal said. “Instead, the Rastriya Swatantra Party wants to shift the entire vocabulary of Nepal-India relations away from geopolitical friction and square it firmly on development and diplomacy. We look at India with an open heart, clear eyes, and a single transparent agenda: the economic transformation of Nepal." The Nepal Foreign Minister said the priority of his government is to ensure that commitments made between the two countries are translated into tangible benefits for citizens.
“Our primary responsibility is to close the gap between old promises made on paper and the physical reality delivered on the ground, transitioning away from abstract political statements to deliver measurable, life-changing results," he said. Khanal also described himself as representing a changing political landscape in Nepal. “I represent a completely new political reality in Nepal. Our rise is driven by an extraordinary and historical mandate from our citizens, centred on uncompromising good governance, strict meritocracy, and direct accountability," he said. TALKS WITH JAISHANKAR Referring to his meeting with External Affairs Minister S Jaishankar, Khanal said discussions covered a broad range of issues central to bilateral cooperation. “Yesterday, on June 6, I had detailed and productive bilateral talks with my counterpart, His Excellency Dr S Jaishankar," he said. “Our discussions encompassed the full spectrum of our bilateral relationships, focusing on trade, cross-border connectivity, energy partnership, water resources management, and people-to-people ties." He said both sides were committed to ensuring that the open border between the two countries serves as a facilitator of growth and connectivity. “True independence means our shared borders act as highly efficient bridges, not frustrating barriers," Khanal said. “Rather than engaging in hyper-nationalistic grandstanding, we are pursuing calm, data-driven, and evidence-based discussion to resolve challenges in good faith." DIGITAL PAYMENTS AND DEVELOPMENT COOPERATION Khanal also highlighted progress in digital financial integration between the two neighbours. “We have officially announced the operation of cross-border payment transactions under the MoU between Nepal Clearing House Limited and Payments Corporation of India (NPCI)," he said. According to the minister, the initiative will enable seamless digital transactions between the two countries.
“This will seamlessly link our field test systems, enabling UPI-style cross-border payments that directly empower support entrepreneurs, tourists, and citizens on both sides," he said. The Nepal Foreign Minister further announced the formal handover of reconstruction projects completed with Indian assistance. “We mark the formal handing over of 72 health sector and 12 cultural sector posts, artificial reconstruction projects in Nepal, built beautifully with Indian development assistance," he said. Khanal added that the two countries are also expanding cooperation in the field of digital public infrastructure and emerging technologies. He said both sides were moving forward towards an effective digital public infrastructure framework and noted that an MoU had been exchanged between Kathmandu University’s Centre for DPI and AI and India’s Digital India Mission. ‘CHILDREN OF THE SAME RIVERS’ Emphasising the civilisational and cultural links between India and Nepal, Khanal said the relationship extends far beyond political boundaries. “We’re not merely neighbours joined by political lines drawn on a map. We are the children of the same rivers, the same mountains, and the same ancient wisdom," he said. He also thanked India for the reception accorded to him during the visit. “I want to deeply appreciate the overwhelming goodwill, warm hospitality, and spirit of cooperation that have been extended to me and my delegation since our arrival in New Delhi," Khanal said. He also underlined the importance of media in democratic societies, saying, “In vibrant, pluralistic democracies like ours, the media plays a significant role." “Media is the ultimate custodian of the narrative of our visits," he added.
Khanal arrived in India on an official visit from June 5 to 7 at the invitation of External Affairs Minister S Jaishankar. The visit marks the highest-level official engagement from the government of Prime Minister Balendra Shah since it assumed office in March this year. The Nepal Foreign Ministry had said the visit was aimed at enhancing cooperation in key sectors, including trade, investment, digital and physical connectivity, energy security and people-to-people ties, while further consolidating the enduring and multifaceted relationship between the two neighbouring countries. News18 Newsletter Handpicked stories, in your inbox A newsletter with the best of our journalism submit About the Author Vani Mehrotra Vani Mehrotra is the Deputy News Editor at News18.com. She has more than 10 years of experience in national and international news and has previously worked on multiple desks. First Published: June 07, 2026, 11:25 IST News india 'India An Economic Powerhouse': Nepal FM Highlights Bilateral Partnership, Backs Cooperation Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy Loading comments...
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