KATHMANDU: CPN-UML Chair KP Sharma Oli has opined for maintaining the bilateral relations with neighbours on the basis of necessity and new principles instead of past practice.

Speaking in a programme organised to felicitate newly elected Nepal Chamber of Commerce's working committee at the party central office in Dhumbarahi today, the Former Prime Minister stated that there was an era of colonialism in the past but today's world is moving ahead respecting the sovereignty of independent states.

“We, Nepali people, should feel proud on the state's independence and sovereignty.”

Chair Oli noted that the modern era is of co-existence among all states (either big or small in size) as per the UN's charter. “It is not a time of small states being dominated by big states,” Oli said.

Likewise, speaking on a different note, UML Chair Oli stressed on rapid economic development in the country by using natural resources as the country has adequate resources.

Chair Oli also said that the upcoming government will co-work with private sectors to create employment and even to end bad governance in the country.

He reiterated to correct the latest populist decisions (not included in budget) taken by the care taker government.

Similarly, Chamber Chair Rajesh Kaji Shrestha said that they were positively responding to the situation created for forming a new government by left alliance expecting that it would be a stable government.