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of <h1>Nepal to Fast-Track Hydropower Project Approvals for Indian Firms; Signs Bilateral Investment Protection Agreement with India.</h1> Nepal has committed to expediting clearances for hydropower projects led by Indian companies. This assurance was given during a meeting between Nepal's Industry Minister and India's Commerce and Industry Minister in New Delhi. The two countries have also signed the Bilateral Investment Protection and Promotion Agreement, aiming to enhance investor confidence and increase bilateral investments, which are anticipated to further boost trade between India and Nepal. This update was provided by India's Minister of State for Commerce and Industry in a written response to the Lok Sabha.
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