Indian Ambassador to Nepal Ranjit Rae also said the continued Indian support to Nepal should not be perceived as interference in Nepal's internal matters.
Speaking at the Reporter's Club in Kathmandu, on the eve of India's 68th Republic Day, Rae asserted that India has provided support for the development of Nepal.
"India has never interfered in the affairs of Nepal and we are sure that such interference will not benefit India," Rae said.
It is natural for both the countries that share a variety of relations to have general misunderstandings in any issue, he said, suggesting that such misunderstandings should be resolved through dialogue and consultations.
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"India always wants Nepal to have stability, peace and prosperity as chaos, instability and conflict in the country will have a direct impact on India due to the open border between the two countries," he said.
He also underlined the need for further strengthening bilateral ties and move forward by focusing on economic partnership in the days ahead.
"The basis of our relations should be economic agenda and we need to move forward by joining hands together in the path of prosperity and development," Rae said.
He also claimed that Nepal-India relations have already moved forward by forging an economic partnership, which is clearly evident from the preparation of the detailed project report of the Pancheshwor Multipurpose Project, which has reached the final stage.
Generation of electricity will immensely benefit Nepal as it can not only fulfil the domestic demands but can also export to India and other countries, he said.