PM in New Delhi with 37-member delegation to start ‘goodwill visit’

Prime Minister Baburam Bhattarai has reached Indian capital New Delhi leading a 37-member delegation to start his four-day official visit on Thursday.
Indian Ambassador to Nepal Jayant Prasad was among other Indian officials who received PM Bhattarai upon arrival at the Indira Gandhi International Airport.

PM Bhattarai had left for New Delhi at 12:15 pm. Briefly speaking to reporters at the Tribhuvan International Airport, Bhattarai said it will be a ‘goodwill trip’.

The PM’s entourage includes his wife Hisila Yami, Deputy Prime Minister and Foreign Minister Narayan Kaji Shrestha, Finance Minister Barshaman Pun, Communication Minister J.P Gupta, Physical Planning Minister Hridayesh Tripathi, Health Minister Rajendra Mahato, Irrigation Minister Mahendra Yadav and Industry Minister Anil Kumar Jha. Also part of the delegation are senior officials of the foreign, finance and industry ministries and some lawmakers.

During the visit, PM Bhattarai will hold talks with his Indian counterpart Manmohan Singh and other senior political leaders. He will also call on Indian President Pratibha Devi Patil and Vice President Hamid Ansari.
While in India, he is expected to sign Bilateral Investment Protection Agreeement (BIPA) and Double Taxation Avoidance Agreement with India (DTAA).

The cabinet had on Wednesday endorsed signing of the BIPA, which compels Nepal to treat Indian companies at par with national companies and DTAA, which will allow Indian investors to repatriate income back home without paying taxes after they pay taxes in Nepal.

The cabinet had also given a green light to the $250 million line of credit with India that New Delhi had announced during the state visit of President Ram Baran Yadav to India in 2010. nepalnews.com

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