Trade balance thru energy export: PM Oli

Biratnagar, August 21

Prime Minister KP Sharma Oli has set a timeline to ensure balance in trade, to be completed in a decade.

At a cadres’ meet of the Communist Party of Nepal (NCP) in Biratnagar today, Prime Minister Oli, who is also NCP (NCP) co-chair, said the country will generate exportable energy by mid-June next year.

PM Oli said Nepal would present itself in a different manner at the UN General Assembly adding that Nepal would take initiatives to further activate BIMSTEC and the SAARC.

On the occasion, Oli asked the cadres to move ahead by seriously analysing the country’s problem and not going against public sentiments. “I urge the people’s representatives to be friendly with people and focus on people’s needs and expectations,” he added.

During the event, Minister for Energy, Water Resources and Irrigation Barsha Man Pun said the gap between the poor and rich would be narrowed to materialise the journey to socialism. He added that the projects of river control and development targeting Province 1 would be unveiled soon.

Also speaking at the programme, Chief Minister of Province1 Sherdhan Rai said the province government was putting in all efforts to develop the province as a model province of the country.