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Peace in Nepal vital for economic development: PM

Last Updated: Saturday, March 12, 2011 - 19:42

Kathmandu: Peace and stability in Nepal
is vital for benefiting from the rapid economic developments
in South Asia, amid the rising expectations of the people in
the country, Prime Minister Jhala Nath Khanal said on Saturday.

The Prime Minister said Nepal has set a new example of
building peace by addressing the problem of conflict through

However, he underlined that the completion of Nepal’s
landmark 2006 peace process is vital if the people in the
country want to reap the benefits of economic development
taking place in South Asia.

Addressing the opening session of the `South Asian
Peace Conference` in the capital today, he said the region is
moving on the path of economic prosperity despite many
challenges posed by poverty, deprivation and economic

Khanal said that the government was aware of the
rising expectations of the people who want peace dividend
after the end of a decade-long conflict in 2006.

He said the government will focus on hydropower and
tourism for boosting economic prosperity as soon as the
country attains political stability and peace.

Buddha’s message of peace, which suggests a middle
path, still inspires the decision makers as today’s world is
passing through turmoil, he underlined.

Amid the stalling of the peace process due to a
seven-month deadlock over the formation of a new government,
the Prime Minister said that the government is committed to
accomplish the task of integrating and rehabilitating the
Maoist combatants and drafting a new constitution within the
stipulated timeframe of May 28.

We have reached a consensus on most of the contentious
issues on constitution drafting, he said.

Khanal said the constitutional committee and
sub-committees are working hard to reconcile differences on
some key issues in a bid to complete the task of drafting a
new constitution within the stipulated timeframe.

Khanal`s cabinet formation has been delayed amid a row
with the Maoists, whose support was vital in his election
after more than seven months of stalemate and 17 attempts on
February 3.


First Published: Saturday, March 12, 2011 - 19:42

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