Word: kathmandu
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Dahal made clear, though, that Nepal will not be doing business as usual with India under his government. A treaty signed in 1950 will now be renegotiated to redress what many in Kathmandu consider India's historically domineering role in its affairs -to this day, Indian exports and businesses control much of Nepal's economy. "The time has come to effect a revolutionary change in bilateral ties," Dahal told reporters in New Delhi on Sept. 16. "I will tell Nepali citizens back home that a new era has dawned...
...implications of Dahal's Olympic visit last month. Dahal himself eulogizes the Chinese path to prosperity and has referred to India in the past as an "expansionist" enemy. His government unflinchingly cracked down on Tibetan activists, further evidence, to some in India, of Beijing's growing influence over Kathmandu. Ironically, China backed the monarchy to crush the Maoists during the civil war, but Beijing - unburdened by the divisive rancor which grips India's democracy - has nimbly changed tack, expanding its already significant involvement in Nepal's hydropower sector, while promising rail links between Kathmandu and Lhasa...
...Asia's two giants grow and flex their muscles, Nepal must deftly maneuver between them. Dahal's trip to India has also yielded a raft of new investment proposals, which tellingly preceded the Maoist-led government's announcement of its first budget on Sept. 19. "Anybody in power in Kathmandu would know that they need India more than China," says Muni. "The China card is played simply as a reflection of their relationship with India...
...REPUBLIC IS BORN Nepal's newly elected assembly voted on May 28 to abolish the nation's 240-year-old monarchy, turning the world's last Hindu kingdom into its newest republic, as jubilant citizens flooded the streets of Kathmandu to celebrate. Former Maoist insurgents will make up the largest political party in the fledgling government, which now must grapple with building a stable society after a decade of civil war. Outgoing King Gyanendra has been given 15 days to abdicate his throne...
...KATHMANDU, NEPAL Poll results give former Maoist rebels a significant lead in landmark elections...