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International community willing to help Nepal: DPM Adhikari

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KATHMANDU, April 19: The international community is ready to support in Nepal’s social and economic development, said Deputy Prime Minister and Finance Minister Bharat Mohan Adhikari.



Talking to reporters at Tribhuvan International Airport after returning from the US Tuesday, he said the international community is keenly watching Nepal’s peace process. He was in the US to attend the conference on disaster management and sign Trade and Investment Framework Agreement (TIFA) with America.[break]



Matters relating to common and mutual interest were discussed during several meetings with American officials and they expressed readiness to support in all possible way, he said. “The international community, including US officials, stressed for drafting a new constitution on the basis of political consensus and maintained that the peace process has to be taken to its logical conclusion at the earliest.”



During the roundtable talks on energy organised by the US State Department in Washington D.C. American investors showed their interest to invest in Nepal’s hydropower sector, he said.



In Washington he met officials of the World Bank and urged them to invest in Nepal’s electricity production.



The international community agreed that Nepal is among those countries who are vulnerable to natural disaster and has agreed to support US$ 14 million, he said. “The TIFA agreement has taken the relations between Nepal and the US



to a new height.” It will provide a forum for bilateral talks to enhance trade and investment, discuss specific trade issues and promote more comprehensive trade agreements between the US and Nepal, he said.



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