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 consensus.

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 disparity.

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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