Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Nepal

Nepal’s Maoists, liberal communists unite as biggest left party

byadmin
18/05/2018
in Nepal
Share on FacebookShare on Twitter

KATHMANDU: The main group of Nepal’s Maoist former rebels and the liberal Communist UML party merged on Thursday to form the Himalayan republic’s biggest left party in a move likely to upset southern neighbour India but have China rejoicing.

Officials said the two constituents of the ruling coalition had formed the Nepal Communist Party, which now heads the nation’s first majority government in 19 years.

You might also like

US-Iran Conflict May Disrupt Nepal Economy

04/02/2020

Mega Bank’s financial literacy programme

23/01/2020

In last year’s general elections, the two parties had formed a rare electoral alliance, defeating the centrist pro-India Nepali Congress party. The two have now come together to form the Nepal Communist Party which is considered to be closer to China and controls 174 seats in the 275 member parliament.

Nepal, a natural buffer between China and India, had ten government changes after the abolition of monarchy in 2008. Fickle coalitions retarded growth and slowed reconstruction after a devastating earthquake killed 9,000 people in 2015.

Nepal’s Prime Minister, K.P. Sharma Oli, who is also the UML chief and Maoist supremo, Prachanda, who led a decade-long armed conflict against state forces, will co-chair the new group until political delegates elect a new leader in two years, party officials said.

“We are committed to … economic prosperity with social justice,” Prachanda said announcing the formation of the new party before hundreds of cheering supporters.

Related Stories

US-Iran Conflict May Disrupt Nepal Economy

byadmin
04/02/2020

The assassination of the Iranian Major General Soleimani by US forces has escalated tensions, globally. Significantly, the incident is expected...

Mega Bank’s financial literacy programme

byadmin
23/01/2020

KATHMANDU: Mega Bank has conducted a financial literacy programme for the Nepali Army in Surkhet district. The one-day training was...

Ministry of Industry, Commerce and Supplies, Baikuntha Aryal, talks about government’s position to resume export of palm oil to India and several other issues related to country’s commerce.

Scattered production and export makes country’s trade weak

byadmin
14/01/2020

Nepal’s trade deficit, which had been consistently rising, had started narrowing down in recent months especially following a rise in...

Govt felicitates highest taxpayers

byadmin
23/12/2019

The government has honoured the highest taxpayers of the country under different categories on the occasion of the eighth National...

Next Post

Oman can defend its currency peg, central bank governor says

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.