http://www.telegraphindia.com/1110422/jsp/nation/story_13887027.jsp
New Delhi, April 21: Foreign minister S.M. Krishna today asked Nepal's leaders to stop Maoist attacks on Indian investors as he sent out a veiled warning that private-sector investments from across the border could dry up if the "harassment" continued.
"I conveyed to the leadership of Nepal that Nepal must develop an environment of trust and confidence to attract investment from India and conveyed that Indian investors, who provided capital and employment opportunities in Nepal, should be given due protection," the minister, on a three-day official visit to the Himalayan country, said in Kathmandu.
The oblique warning came days after Maoist cadres stormed a meeting of Indian infrastructure company GMR and threw stones at Delhi's envoy Rakesh Sood at an event attended by the diplomat earlier this month.
Krishna yesterday held meetings with President Ram Baran Yadav and Prime Minister Jhala Nath Khanal. Krishna, foreign secretary Nirupama Rao, ambassador Sood and other officials also held delegation-level talks with a Nepalese side led by deputy Prime Minister Bharat Mohan Adhikari.
After taking over as Prime Minister in February, Khanal has tried to iron out the rough spots in Kathmandu's relations with Delhi. But he has so far not been able to rein in the Maoists, who have ratcheted up their anti-India propaganda and activities.
The Unified Communist Party of Nepal (Maoist), led by Pushpa Kamal Dahal "Prachanda", is the dominant partner in the ruling coalition.
Indian officials said Delhi was willing to step up investments in Nepal in various sectors, including hydel power, if the security concerns of Indian companies were addressed. GMR is working on a hydel power project.
Krishna reminded the Nepalese leadership that India was "the largest investor in Nepal". He said Indian companies were eager to do more to promote the neighbour's industrial manufacturing capabilities but cited instances of "harassment being meted out to some of the larger Indian joint ventures".
Nearly 400 Indian joint ventures are registered in Nepal, with a total investment of US$ 811 million. Indian officials said the investments had created direct job opportunities for over 50,000 Nepalis.
Krishna said he conveyed Delhi's "serious concern on the attacks on our ambassador" and requested the Nepal government to provide adequate security to Indian diplomats. He also requested deputy Prime Minister Adhikari to resolve a tax row involving Indian telecom company UTL.
The Nepalese leadership assured the Indian delegation its concerns would be addressed and also said the dispute with UTL would be amicably resolved.
The Nepalese leaders briefed Krishna about "internal developments" and the "progress being made towards completing the peace process and drafting of the new Constitution". The 2006 peace process, which needs to be concluded by May 28, is perceived to be stumbling as Nepal's political parties have so far failed to build a consensus on contentious issues like integration of Maoist cadres in the army.
But Krishna said he had been "assured" by the Nepalese leadership that they "recognised the crucial importance of preserving the professional integrity and apolitical nature" of the army.
The minister also raised issues of terrorism and smuggling of fake Indian currency from Nepal and the need to formalise boundary maps. He also asked for early formalisation of the revised extradition treaty and the Mutual Legal Assistance Treaty that have been pending for the past five years.
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Arguably after Pakistan, the biggest country that is giving GoI a headache is Nepal and there doesn't seem to be any signs of improving relations in the short term. Keep in mind that we have an open border with Nepal and most of the cases of recent arms smuggling, fake curency rackets e.t.c. have mostly come through the open border with Nepal.
New Delhi, April 21: Foreign minister S.M. Krishna today asked Nepal's leaders to stop Maoist attacks on Indian investors as he sent out a veiled warning that private-sector investments from across the border could dry up if the "harassment" continued.
"I conveyed to the leadership of Nepal that Nepal must develop an environment of trust and confidence to attract investment from India and conveyed that Indian investors, who provided capital and employment opportunities in Nepal, should be given due protection," the minister, on a three-day official visit to the Himalayan country, said in Kathmandu.
The oblique warning came days after Maoist cadres stormed a meeting of Indian infrastructure company GMR and threw stones at Delhi's envoy Rakesh Sood at an event attended by the diplomat earlier this month.
Krishna yesterday held meetings with President Ram Baran Yadav and Prime Minister Jhala Nath Khanal. Krishna, foreign secretary Nirupama Rao, ambassador Sood and other officials also held delegation-level talks with a Nepalese side led by deputy Prime Minister Bharat Mohan Adhikari.
After taking over as Prime Minister in February, Khanal has tried to iron out the rough spots in Kathmandu's relations with Delhi. But he has so far not been able to rein in the Maoists, who have ratcheted up their anti-India propaganda and activities.
The Unified Communist Party of Nepal (Maoist), led by Pushpa Kamal Dahal "Prachanda", is the dominant partner in the ruling coalition.
Indian officials said Delhi was willing to step up investments in Nepal in various sectors, including hydel power, if the security concerns of Indian companies were addressed. GMR is working on a hydel power project.
Krishna reminded the Nepalese leadership that India was "the largest investor in Nepal". He said Indian companies were eager to do more to promote the neighbour's industrial manufacturing capabilities but cited instances of "harassment being meted out to some of the larger Indian joint ventures".
Nearly 400 Indian joint ventures are registered in Nepal, with a total investment of US$ 811 million. Indian officials said the investments had created direct job opportunities for over 50,000 Nepalis.
Krishna said he conveyed Delhi's "serious concern on the attacks on our ambassador" and requested the Nepal government to provide adequate security to Indian diplomats. He also requested deputy Prime Minister Adhikari to resolve a tax row involving Indian telecom company UTL.
The Nepalese leadership assured the Indian delegation its concerns would be addressed and also said the dispute with UTL would be amicably resolved.
The Nepalese leaders briefed Krishna about "internal developments" and the "progress being made towards completing the peace process and drafting of the new Constitution". The 2006 peace process, which needs to be concluded by May 28, is perceived to be stumbling as Nepal's political parties have so far failed to build a consensus on contentious issues like integration of Maoist cadres in the army.
But Krishna said he had been "assured" by the Nepalese leadership that they "recognised the crucial importance of preserving the professional integrity and apolitical nature" of the army.
The minister also raised issues of terrorism and smuggling of fake Indian currency from Nepal and the need to formalise boundary maps. He also asked for early formalisation of the revised extradition treaty and the Mutual Legal Assistance Treaty that have been pending for the past five years.
------------------------------
Arguably after Pakistan, the biggest country that is giving GoI a headache is Nepal and there doesn't seem to be any signs of improving relations in the short term. Keep in mind that we have an open border with Nepal and most of the cases of recent arms smuggling, fake curency rackets e.t.c. have mostly come through the open border with Nepal.