Business Management

Tension rises as Nepal parties delay meet to axe king.
When the squabbling parties began a fresh round of negotiations Wednesday at prime minister Girija Prasad Koirala”s official residence, it was on the cards that the first meeting of the assembly would be delayed.

Dozens of foreign envoys, senior officials and prominent citizens who had queued up at the Birendra International Convention Centre since morning to attend the historic meet in the morning began trooping out again.

Rallyists who had started from the Basantpur Durbar Square, another public place where the Shah kings earlier had their palace, in anticipation of the declaration of a federal inclusive republic, were disappointed.

‘It was the parties” infighting that made the king seize power,’ said Lokendra Baral, an engineering student who had come from the capital”s Koteshwor area to participate in the Republic Day celebrations.