Kathmandu, April 7 -- The Supreme Court of Nepal and the Supreme Court of India on Monday signed a memorandum of understanding (MoU) to develop, promote and strengthen the judicial cooperation between the two countries.

The understanding was signed in the presence of Chief Justice of Nepal Prakash Man Singh Raut and Chief Justice of India Sanjiv Khanna.

"Inspired by the cordial and friendly relations existing between the two countries and their people, the MoU aims at developing, promoting and strengthening cooperation between the judiciaries of the two countries," read a statement issued by the Supreme Court of India after the signing event.

"The MoU shall not only encourage mutual exchange of information on latest developments in the...