The India-Nepal Treaty of Peace and Friendship of 1950 forms the bedrock of the special relations that exist between India and Nepal.
India is Nepal’s largest trade partner and the largest source of foreign investments, besides providing transit for almost the entire third country trade of Nepal.
Nepal shares border with 5 Indian states – Uttarakhand, Uttar Pradesh, West Bengal, Sikkim, and Bihar. Hence, an important point of cultural and economic exchange.
Nepal being a landlocked country many MOUs have been signed between both governments for better connectivity. For instance, laying an electric rail track linking Kathmandu with Raxaul ....