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China welcomes merger of Nepal Communist parties

Press Trust of India  |  Beijing 

today welcomed the merger of Nepal's two Communist parties, one headed by K P Oli and the other by former Prachanda, saying it supports the country's choices to develop its social system.

The ruling CPN-UML, led by Oli, and yesterday merged to form the Communist Party - the country's largest

"As a good neighbour and friend to Nepal, supports Nepal's independent choice for the social system and development path that suits its own national conditions and we welcome the merging of the two parties," Chinese said here.

"We also wish that they can achieve national development goals at an early date. We are willing to continue our mutual beneficial cooperation for the benefit of both the countries and people," he said.

Both the factions headed by Oli and maintain close ties with the ruling Communist Party of (CPC).

The new Communist Party has a strength of 175 members in the 275-member House of Representatives, which is a nearly two-third majority.

As per the terms of agreement of the unification of the two parties, Oli and will lead the unified party and a nine-member secretariat, and enjoy equal power.

The advent of the Nepalese Communist parties to power has broadened China's political influence in while consolidates its presence with big investments and infrastructure projects, affecting India's close ties with the country.

During his last tenure as in 2015, Oli had signed the transit treaty to end dependence on for his landlocked country and improve rail and road links between Nepal and China through

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 16:00 IST