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Reuters
Reuters
Business
By Gopal Sharma

Nepal's new govt seeks to balance its ties with India, China in growth pursuit

FILE PHOTO: Pushpa Kamal Dahal, also known as Prachanda, takes part in a mass gathering against the dissolution of parliament, in Kathmandu, Nepal February 10, 2021. REUTERS/Navesh Chitrakar

Nepal's new government, led by a former Maoist rebel commander, will try to balance ties with its immediate neighbours China and India for the economic growth of one of the world's poorest countries, officials of the ruling coalition told Reuters.

Pushpa Kamal Dahal, who still goes by his nom de guerre Prachanda, surprisingly became prime minister on Sunday after leaving his previous coalition and with the support of the opposition Communist Unified Marxist-Leninist (UML) party and five other smaller groups. Last month’s elections returned a hung parliament.

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