KATHMANDU, MARCH 4

Four political parties of the newly formed ruling coalition have reached an eight-point deal.

The CPN-UML, CPN (Maoist Centre), Rastriya Swatantra Party, and Janata Samajbadi Party reached the eight-point agreement regarding collaboration for the new government.

The parties have agreed to form a new government under the leadership of CPN (Maoist Centre)'s Chairperson Pushpa Kamal Dahal, with the participation of the four political parties realizing the need for collaboration among forces with common thinking on good governance, development, social justice, and prosperity.

The four parties also agreed to support CPN (Maoist Centre)'s candidate for the post of National Assembly chairperson and CPN-UML's candidate for the post of NA vice-chairperson. Similarly, the parties participating in the government have reached an agreement to allocate ministries based on consensus.

The features of the ministries will be taken into consideration while allocating the ministerial portfolios, and necessary dialogue will be initiated with other political parties to involve them in the new coalition government formation process.

The four parties have agreed to finalize bills related to transitional justice, the peace process, and other associated issues as soon as possible through consensus to maintain sustainable peace in the country.

Furthermore, an understanding was reached among coalition parties to make all-tier governments effective by formulating laws related to federalism implementation. They also agreed to prepare a common minimum program among the parties in the government to guide the government's policy and program.

A new coalition government will be formed by reshuffling the incumbent government for the implementation of the agreement.

The four parties have also agreed to move forward towards political stability to strengthen national sovereignty, independence, geographical integrity, and socio-economic development oriented towards socialism.

CPN (UML) Chairperson KP Sharma Oli, CPN (Maoist Centre) Chairperson Pushpa Kamal Dahal, Rastriya Swatantra Party Chairperson Rabi Lamichhane, and Janata Samajbadi Party Chairperson Upendra Yadav have signed the eight-point agreement.