New Delhi, Aug 11 - India Tuesday discussed a host of issues, including the revision of friendship and trade treaties and a revised extradition pact, when External Affairs Minister S.M. Krishna held talks with his Nepalese counterpart Sujata Koirala.

India attaches the highest importance to ties with Nepal which is currently undergoing democratic transformation, external affairs ministry spokesperson Vishnu Prakash told reporters after the talks.

India is willing to provide support to this peace process in any way Nepal wants, the spokesperson said.

Koirala's five-day visit that began Monday is aimed at firming up the agenda for the forthcoming visit of Nepal's Prime Minister Madhav Kumar Nepal to New Delhi Aug 18.

The two ministers discussed an entire gamut of bilateral issues, including trade and investment, water resources, border management, hydro-electric projects and developmental cooperation between the two countries.

The two sides also exchanged notes on reviewing the 1950 India-Nepal Friendship Treaty and discussed the prospects of a revision in the India-Nepal Trade Treaty, which comes up for renewal in 2012.