Nepal and India have agreed to hold bilateral security meetings at the local level on a quarterly basis to enhance security cooperation, efforts to curb cross border terrorism and other criminal activities between the two countries, local media reported on Saturday.

According to The Kathmandu Post daily, during the Home Secretary level talks that began in Nepali capital Kathmandu on Friday, both sides agreed to speed up the frequency of the meetings on the Nepali side and the district magistrate level on the Indian side.

Earlier, both officials used to meet on "as and when necessary" basis or manage special security arrangements during some special events like elections.

"There were security concerns from both sides. Each side presented the situation and later it was decided to hold regular meetings on a tri-monthly basis," a senior official told the daily.

Real-time exchange of security related information, terrorism, circulation of counterfeit Indian currency, narcotics, drugs and other issues figured in the meeting.

Indian Home Secretary G. K. Pillai and Indian envoy Rakesh Sood and other visiting delegates met Prime Minister Madhav Kumar Nepal on Friday afternoon and held secret talks with him.

According to the report, India had agreed to assist to set up a police academy here and both sides had discussed security concerns relating to the open border.