Foreign Minister Saud holds meeting with USAID Administrator Power

Washington DC, Nov 1 : Minister for Foreign Affairs Narayan Prakash Saud who is on an official visit to the United States of America, had a meeting with Administrator of the United States Agency for International Development (USAID) Samantha Power on Tuesday.    

On the occasion, they discussed the matters related to the USAID's ongoing programmes aligning development priorities of Nepal and their effectiveness.  

  
Administrator Power expressed the US government's commitment to support Nepal towards advancing progress in democratic process and building strong relations.    

Reiterating USAID's commitments to support Nepal's efforts for enhancing inclusive economic development, Power discussed on USAID's tasks about enhancing investment potentials through government and private sectors.    

At the meeting held at USAID headquarters, Washington DC, Minister Saud extended gratefulness to the USAID for its longstanding support to Nepal's efforts for economic and social development.    

On the occasion, they also discussed the close partnership and relations between Nepal and the US spanning over the past 75 years.    

It may be noted that the development agreement amounting to 659 million US Dollars was signed between the Government of Nepal and USAID in 5 May 2022 for five years.    

As stated, the assistance amount will be spent in different areas after Nepal's graduation to the status of medium level developing country from the category of Least Developed Country.    
Also on the occasion, matters related to other potential projects were discussed.    

Also present during the meeting were Nepal's Ambassador to the US, Shreedhar Khatry and US Ambassador to Nepal Dean R.Thompson.    
The US has been a first-ever and crucial bilateral development partner of Nepal since 1951.  (RSS)