Bangladesh and Nepal on Sunday agreed to strengthen regional cooperation and cooperation on hydropower and climate change.
Both parties stressed the importance of working together to overcome obstacles that may arise after LDC status is achieved and to strengthen existing relations.
"Nepal has the potential of producing 100,00MW of hydroelectricity. We have signed a deal to import 40MW of hydropower and now negotiating on tariffs”, said Bangladeshi Foreign Minister Hasan Mahmud.
He claimed that companies in Bangladesh wanted to invest in the energy sector and that the country wanted to import more hydropower from Nepal.
The ambassador from Nepal, Bhandari, described the relationship between Bangladesh and Nepal as amicable and expressed gratitude to Prime Minister Sheikh Hasina for achieving socio-economic progress over the past fifteen years.
He also gave Hasan Mahmud, the foreign minister, a briefing on the Nepalese embassy's initiatives to fortify and enhance connections.
Bhandari said that the strong political and people-to-people ties could be enhanced in various areas such as trade, connectivity, energy, tourism and education, among others.