Nepal's PM 'Prachanda', allies agree on power-sharing deal

Nepal's PM 'Prachanda', allies agree on power-sharing deal

Nepal's Prime Minister Pushpa Kamal Dahal 'Prachanda' and his allies on Tuesday struck a power-sharing deal that includes sharing of the premier's position, reviving the left alliance in the politically fragile country following his dramatic move to terminate an alliance with the Nepali Congress.

Prachanda, a former guerilla leader, forged a new alliance with the Communist Party of Nepal (Unified Marxist-Leninist) - the second-biggest party - led by former premier KP Sharma Oli on Monday following which three ministers took the oath of office.

A meeting of the top leaders of the Maoist Centre, UML, the Rashtriya Swatantra Party and the Janata Samajbadi Party agreed on an eight-point deal signed by Prachanda along with UML chair Oli, RSP chairperson Rabi Lamichhane and Samajbadi Party chief Upendra Yadav, the Kathmandu Post newspaper reported.