KATHMANDU, June 8 (Xinhua) -- Nepal and India signed four Memorandum of Understanding (MOU) aimed at fostering cooperation under the South Asian Association of Regional Cooperation (SAARC) framework here in the capital on Monday.

    The MOUs were signed by Foreign Secretary Gyan Chandra Acharya, and Indian Ambassador to Nepal Rakesh Sood.

    In a press statement issued on Monday, it has mentioned that the MOUs relate to projects in the areas of Telemedicine, Shuttle Breeding in Pulses, Rural Solar Energy Electrification and Tele-Education.

    The four MOUs involve projects with a total expenditure of around Rs 90 million (some 1.19 million U.S. dollar).

    The projects are part of India's commitments made at the 14th SAARC Summit in New Delhi in April 2007 to help move SAARC to an implementation phase through projects that produce tangible benefits for people at the local level.

    It is expected that continuing efforts by the governments of both Nepal and India will strengthen bilateral cooperation for the mutual benefit of the peoples of the two countries.