According to Prime Minister Pushpa Kamal Dahal, the administration is dedicated to seeing the peace negotiations through to their natural end.

The consolidation of peace, reconciliation, and harmony in society, as well as completing the last tasks of the transitional justice process and providing justice and reparations to the victims of conflict, are all very important to the government, according to Prime Minister Dahal, who briefed the diplomatic community in Nepal on these issues on Monday at the Office of the Prime Minister and Council of Minister.

“Our efforts toward this end will be guided by the Comprehensive Peace Accord, the rulings of the Supreme Court, pertinent international commitments, as well as the concerns of the victims,” he stated. “Having completed a successful peace process, I can reassure our partners that Nepal can wrap up the transitional justice process in a similarly distinctive way based on the aforementioned criteria.”

In order to complete the last duties of the peace process, the Enforced Disappearances Enquiry, Truth and Reconciliation Commission Act amending bill has been introduced in the Parliament, according to Prime Minister Dahal. The proposed amendment takes a victim-centric approach and acknowledges compensation as a victim right. I can promise you that there won’t be a general amnesty in situations of severe human rights violations.

On this occasion, Prime Minister Dahal also announced that the Asia Pacific Group on Money Laundering’s (APG-AML/CFT) periodic Mutual Evaluation with Nepal is almost complete. “Due to our aggressive engagement in the United Nations and other regional organizations, Nepal has been a strong supporter and compiler of international duties. Since we joined the APG in 2002, Nepal’s compliance with FATF guidelines has grown dramatically over time. We are still dedicated to enhancing our ability to handle new and developing problems, he added.

He also noted that the administration has submitted a comprehensive Bill to the legislature with the aim of reforming and amending a number of laws that directly relate to AML/CFT. He said, “There is high-level political commitment to pass the Bill before the APG plenary, which will be held in the second week of July,” while pleading for their ongoing cooperation and understanding.

In addition, Prime Minister Dahal said that the Panchasheel, non-alignment, UN Charter, international law, and standards of global peace serve as the foundation for Nepal’s foreign policy. “We pursue an independent foreign policy based on the principles of sovereign equality, non-interference, mutual respect and benefit,” he said.

“Our relationships with others are still governed by friendship, respect for one another, and collaboration. Our foreign policy is to protect and advance the interests of the country, the official said. “Two major goals — promoting Nepal’s credentials as a peaceful, inclusive, and democratic State, and pursuing economic diplomacy — remain at the core of our foreign policy.”

At the time, Prime Minister Dahal said that ensuring competent and effective public administration as well as the provision of high-quality services to the populace had been a top priority. “Our steadfast commitment to good governance, the rule of law, and participatory democracy serves as the foundation for this government’s policies and activities. We adopt a “zero-tolerance” stance against corruption and work to promote accountability and openness at all levels, the speaker added.

In addition, Prime Minister Dahal said that despite several difficulties, Nepal’s economy is displaying encouraging signs of growth in the foreign sector. “The interest rate is on the decline, and the liquidity constraint is being eased gradually. The economy as a whole has not yet made any improvement, he said. To achieve the targeted growth objective, we must step up our efforts in each of the three sectors—agriculture, manufacturing, and services. It is now challenging to meet income collection and capital spending goals.

In order to increase foreign direct investment (FDI) in key sectors, Prime Minister Dahal also pledged to provide a stable, secure, and favorable investment climate. “We support investment, particularly in infrastructure, tourism, and sustainable energy. To increase investors’ trust, we will continue to implement more legal, legislative, and institutional changes, he said.

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