"India has achieved rapid economic progress over the past few decades and Nepal being a close neighbour can benefit a lot from India's economic prosperity," India's Ambassador to Nepal Manjeev Singh Puri said.
"We need to forge cooperation and collaboration if we are to take benefit of the 1,700 km long open border between our two countries, the ambassador said.
"Nepal and India need to work together to tackle the problem of extremism as there is the chances of misusing the open border," he said.
Nepali Congress central member NP Saud who attended the meeting said, both India and Nepal should take into consideration the security interest of each other and people to people relations should be strengthened for better understanding between the two countries.
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President of Nepal Communist Party (United) Ganesh Shah said that lack of trust and confidence has become the main problem between Nepal and India in the recent period and people to people relations should be promoted for better understanding and collaboration between the two neighbours.
A host of speakers from political, business, social and media sectors, who spoke on the occasion underlined the need for promoting trade and business between the two countries that would enable Nepal to overcome its huge trade deficit with India.
Nepal is moving towards political stability after promulgating the constitution and India should support and extend cooperation so as the country attain political stability and move towards economic prosperity, they pointed out.
Madhesis, mostly of Indian-origin, launched a prolonged agitation between September 2015 and February last year against the implementation of the new Constitution which they felt marginalised the Terai community.