Iran's Accredited Ambassador to Nepal Gholam Reza Ansari and Nepalese Vice-President Paramananda Jha in a meeting in Kathmandu on Tuesday explored avenues for the further expansion of ties and cooperation, where the two officials underlined the need for the promotion of mutual cooperation between the two Asian nations.
During the meeting, the Iranian envoy announced Iran's readiness to enhance its relations with Nepal in different areas, specially in the economic field.
Ansari underlined the Islamic Republic's capabilities in different fields voicing Iran's readiness to set up hydro-power plants in Nepal.
The Nepalese vice-president, for his part, supported the Iranian envoy's suggestion concerning enhancement of bilateral ties between Tehran and Katmandu.
"Iran is a credible source of oil and gas enjoying vast capacities in the petrochemical sector and Nepal wishes to have cooperation with the Islamic Republic in a number of areas, specially the energy and petrochemical sectors," Paramananda said.
Nepal, officially called the Democratic Republic of Nepal, is a landlocked sovereign state located in South Asia.
With an area of 147,181 square kilometers, Nepal is located in the Himalayas and bordered to the North by the People's Republic of China, and to the South, East, and West by the Republic of India. Kathmandu is the Nepal's capital and largest city.