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Prime Minister KP Sharma Oli has said the government, youths and women entrepreneurs should work together for the country's prosperity.

Inaugurating the International Women Leadership Conference, 2082 organized by the Federation of Women Entrepreneurs' Association of Nepal today, Prime Minister Oli stressed the need of achieving success by working together for prosperity.  

He mentioned, "We should achieve prosperity through development of entrepreneurship. The government has given high importance to youths and women entrepreneurship. I am confident that the conclusion drawn from this conference will help to fulfill the government's priorities."

The PM added that the country has been implementing provisions mentioned in the Constitution for women empowerment in practice.

"We have guaranteed at least 33 percent representation of women in three levels. The number of girl students is higher than that of boys in schools. Girl students have been achieving good results. We have to achieve further progress," PM Oli argued.

Prime Minister KP Sharma Oli has appointed Prof Dr Deepak Aryal as the Vice Chancellor of the Tribhuvan University (TU).

A search committee led by Minister for Education, Science and Technology Raghuji Pant on July 7 recommended three names to the Prime Minister and Chancellor of TU KP Sharma Oli.

The committee recommended the names of current Acting Vice Chancellor Prof Dr Khadga KC, former Dean of the Faculty of Science of Tribhuvan University Prof Dr Vinil Aryal and former Head of the Central Department of Hydrology and Meteorology Prof Dr Deepak Aryal.

The post of the TU VC was lying vacant since outgoing Vice Chancellor Prof Dr Keshar Jung Baral resigned from his post three months ago.

Prime Minister KP Sharma Oli has left for Rasuwa to inspect the damages caused by devastating floods in the Lhende Stream and the Bhotekoshi River along the Nepal-China border.

He is accompanied by Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, Home Minister Ramesh Lekhak, Minister for Energy, Water Resources and Irrigation Deepak Khadka, and the Prime Minister’s Chief Advisor Bishnu Prasad Rimal.

Among others leaving for Rasuwa are Chief Secretary Eak Narayan Aryal, Chinese Ambassador to Nepal Chen Song, Chief of Army Staff Ashok Raj Sigdel, Inspector General of Nepal Police Deepak Thapa, Inspector General of the Armed Police Force Raju Aryal, and Chief of the National Investigation Department Hutraj Thapa.

In the meantime, the reports from Rasuwa stated that 57 people were entrapped in the floods and landslides from the Lhende Stream last night. 

Among them, 30 were rescued by a Nepal Army helicopter. Eighteen people remain missing, including three police personnel: Lal Bahadur Shrestha, Munna Thakur, and Lokendra Bohora.

The District Administration Office, Rasuwa, confirmed that other missing individuals include Jipan Chaudhary, Santosh Dahit, Buddhiram Tharu, Laxmi Narayan Tharu, and Suresh Tharu from Bardiya, and Naresh BK from Baglung. Phurba Lama from Sindhupalchowk and two others: Govinda Moktan and Lokman Tamang whose addresses are yet to be confirmed. Among the missing are six Chinese nationals.

The Directorate of Public Relations of the Nepali Army stated that 294 army personnel from Dhading and additional troops from Rasuwa have been deployed in 17 locations to search for the missing.

Meanwhile, human body parts have been found in four separate locations along the Trishuli River that also experienced a severe flood last night.

Minister for Industry, Commerce and Supplies, Damodar Bhandari, reported that the flooding has caused significant damage to the under-construction dry port at Timure in Rasuwagadhi. Around 75% of the project, funded by the Government of China, had already been completed. The minister said the government will request China's assistance to restore the damaged facility.

Electric vehicles kept at the dry port are believed to have been washed away by the flood.

Prime Minister KP Sharma Oli has stated that the government is working on a war-footing level to rescue those affected by flooding in the Lehende Stream of Rasuwa and the Trishuli River last night. 

“All concerned authorities were ordered to make every possible effort to ensure effective rescue and relief operations,” the Prime Minister wrote on social media.

Expressing deep sorrow over the disaster-induced loss of lives and damages, Prime Minister Oli said that he has postponed all pre-scheduled programmes except the most essential ones and is in constant contact with security agencies to monitor ongoing rescue operations.

He claimed that the government agencies are actively engaged in rescue work and that swift coordination is underway among relevant bodies to provide emergency assistance in disaster-prone areas.

“There are heartbreaking reports of casualties, missing persons, and significant physical damage," he said, extending tributes to the deceased.

The Prime Minister also hoped for collective support in regard to the rescue and relief efforts.

Prime Minister KP Sharma Oli has informed Parliament about Nepal's participation and achievements at the fourth international conference on 'Financing for Development' held in Seville, Spain. 

In today's meeting of the House of Representatives (HoR), Prime Minister Oli stated that the conference has contributed to increasing new partnerships globally for economic diplomacy and has further accelerated the achievement of sustainable development goals. 

In the conference, Prime Minister Oli addressed on behalf of the least developed countries, advocating for their justice and socio-economic development. 

He informed that through the implementation of the Sevilla commitment; these countries expect to receive global support and assistance for their upgrading. He mentioned that Nepal is set to graduate to a developing country by 2026.

Prime Minister Oli shared information to the House about his leadership and advocacy commitments through his address to the meeting of the group of least developed countries, various slide presentations, and roundtable discussions.

With forty-four least developed countries, Nepal has demonstrated the potential for effective leadership among those nations during the conference, he clarified. On the day before the conference, Prime Minister Oli addressed a gathering of civil society, calling for a proactive role of a strong civil society. 

Prime Minister Oli also shared that Nepal has adopted a democratic and liberal system for civil society.   

Prime Minister Oli said that the relations between Nepal and the United Nations have strengthened, and advocacy has taken place for the development of least developed countries. 

"Expectations regarding financing for development, formal and informal development cooperation, as well as climate financing have been called for," said Prime Minister Oli. 

"Efforts have been made to articulate the priorities of development partnerships. Nepal has proven to be a responsible and capable country in the international community. There are expectations for advancing economic diplomacy and increasing foreign investment."

Prime Minister Oli had departed for the conference on June 28 and returned home on July 4.

Visiting Foreign Minister of Switzerland Ignazio Daniele Giovanni Cassis paid a courtesy call on Prime Minister KP Sharma Oli today.

During the meeting, the two leaders exchanged views on further strengthening the friendly relations between Nepal and Switzerland and enhancing cooperation in the development sector.

Minister Cassis reiterated Switzerland’s continued support for Nepal’s development, including the enablement of federalism, successful conclusion of transitional justice, climate change mitigation and adaptation, and disaster management efforts.

The Prime Minister said despite Nepal’s history of prolonged conflict and political instability, the current coalition government comprising two major political parties aims to promote development, good governance, and democracy through collaboration. 

He also acknowledged Switzerland’s long-standing support for Nepal’s development efforts.

Dr Danielle Meuwly, Swiss Ambassador to Nepal, and officials from Nepal’s Ministry of Foreign Affairs were also present on the occasion.

Prime Minister KP Sharma Oli is scheduled to address the Parliament at 1 pm on Monday.  

An agenda was set for the Prime Minister to address the House meeting after his return from the official visit to Spain where he had attended the Fourth International Conference on Financing for Development of the United Nations. 

CPN-UML Chief Whip Mahesh Bartaula informed that the agenda was set for Prime Minister Oli to inform the House about the developments that occurred during his recently-completed visit to Spain. 

Prime Minister Oli returned home on July 4 after wrapping up his international visit. 

There has been a parliamentary practice for the Prime Minister to inform the House before and after the foreign visits. 

Prime Minister KP Sharma Oli is returning home today following an official visit to Spain.

The Department of Information said that the PM is scheduled to land at Tribhuvan International Airport at 3:45 this afternoon. 

PM Oli had left for Spain on June 28 leading a Nepali delegation to the 'Fourth International Conference on Financing for Development (FFD4)'.

In Spain, PM Oli held a meeting with United Nations Secretary-General Antonio Guterres. 

Likewise, PM Oli held a bilateral meeting with Spain's Prime Minister Pedro Sanchez. 

Similarly, PM Oli met with Egyptian Prime Minister Dr Mostafa Kamal Madbouly and Portuguese Prime Minister Luis Montenegro. 

During his stay in Spain, PM Oli addressed the 'Fourth International Conference on Financing for Development (FFD4)' calling for justice and fairness in the global economic and financial system.  

Furthermore, PM Oli chaired the high-level meeting of the LDCs and attended in different plenary sessions.

Prime Minister KP Sharma Oli, who is currently in Spain, interacted with officials and representatives of the Overseas Nepali Forum, Spain.

The Prime Minister, who departed for Spain last Saturday (June 28) to attend the Fourth International Conference on Financing for Development (FFD4) organized by the United Nations in Seville from June 30 to July 3, met with the Nepali community last night following the official events of the conference.

The meeting took place at the residence of Nepali Ambassador Shanil Nepal where the Prime Minister urged members of the Nepali Diaspora to return home and utilize the skills, experience, and capital they have acquired in Spain for the development of the nation.

Prime Minister Oli, who leads a coalition government comprising the Nepali Congress (NC) and the CPN-UML, announced that he would hand over power to NC President Sher Bahadur Deuba a few weeks earlier than the timeline agreed upon in their previous deal.

He also took the opportunity to dismiss rumours of internal disputes within the coalition and his party. "We have no issues or disputes," he clarified.

Prime Minister KP Sharma Oli has called for justice and fairness in the global economic and financial system. 

The PM, who is currently on an official visit to Spain to attend the United Nations (UN)'s 'Fourth International Conference on Financing for Development (FFD4)', made this call while delivering a statement at the FFD4 Plenary on Monday.

The following is the full text of the PM's statement:

STATEMENT by Rt. Hon. Mr. K P Sharma Oli, Prime Minister of Nepal as the Chair of the LDCs and in National Capacity at the Plenary of the Fourth International Conference on Financing for Development (FfD4) 30 June 2025, Seville, Spain   

Distinguished Co-Chairs, Your Excellencies the Heads of State and Government, Mr. Secretary-General of the United Nations, Distinguished Delegates, Ladies and Gentlemen, I am pleased to deliver this statement on behalf of the group of the least developed countries. 

Let me begin by expressing heartfelt gratitude to the Government and people of Spain—for generous hospitality, and for warmly welcoming us into this historic and beautiful city. Excellencies, A decade ago, in Addis Ababa, the world pledged solidarity with the LDCs. 

The commitment was also echoed in the 2030 Agenda. We promised to leave no one behind and committed to uplift the furthest behind first. Ten years on, the world is making progress. Global GDP has grown—roughly from 75 trillion to 115 trillion. But inequality is rising—between and within nations. At the very moment when solidarity is most needed— Official Development Assistance is shrinking. 

Debt is suffocating the South—specifically, LDCs’ debt has tripled in the last decade. Trade is fractured. Growth is unequal. Investment remains weak, and poverty is persistent. Technology and innovation are advancing in leaps and bounds in developed countries. But the LDCs face a stark technological and digital divide—seriously hindering their economic and social progress. 

Poor and inadequate infrastructure continues to impede our potential. In global development forums, LDCs remain marginalized—their voices often unheard. Climate change strikes LDCs the hardest, although they emit less than 1 percent of greenhouse gas. After Addis Ababa— only four LDCs have graduated. 

Excellencies, 

Despite multiple challenges, LDCs are resolute to overcome them with the strength and ingenuity of their people as well as the support and solidarity of their development partners. This is also demonstrated by the 14 LDCs advancing toward graduation. 

Against this backdrop, the Sevilla Commitment we adopted today gives us a chance to change the course. It promises a renewed global financing framework for the realization of 2030 Agenda for Sustainable Development. The developing countries, particularly LDCs, strongly urge for its full implementation in good faith and high spirits. In this regard, we call for justice and fairness in the global economic and financial system. We stand for reform of global financial architecture. 

1. We urge our development partners to deliver 0.7 percent ODA commitment to developing countries; and to meet and go beyond 0.2 percent for the LDCs. 
2. We seek grants and concessional finance on fairer terms. 
3. We stand for rules-based and equitable global trading system where all countries accrue benefits.  We stand for vibrant private sectors connecting Global North and Global South through value chains bringing common prosperity to all.  We stand for a UN-led tax convention. 
4. We call for adequate climate finance that is concessional, predictable, and accessible. The Sevilla Commitment must serve as a vital catalyst for the development and progress of all the LDCs. It must also ensure a smooth, irreversible and sustainable graduation. Excellencies, Let me touch briefly upon my national context now. We are graduating from the LDC status in 2026. While our determination remains firm, we need robust support from our development partners to realize our development aspirations. Nepal is proud to have served as a co-facilitator of Sevilla Commitment—alongside Norway, Zambia, and Mexico. We thank all Member States for their trust. Excellencies, Let us implement the Sevilla agenda with urgency to overcome despair and to reignite hope: 
5. Hope for a fairer global governance system that respects all voices. 
6. Hope for partnerships built on solidarity. 
7. Hope for sensible investment in people and the planet.  
8. Hope for a better world where no country is left behind. Thank you!

Prime Minister KP Sharma Oli has attended the dinner hosted by the King of Spain, Felipe VI, in honour of the Heads of States and Governments participating in the 'Fourth United Nations International Conference on Financing for Development (FFD4)'. 

Prime Minister Oli and the first lady, Radhika Shakya, attended the official dinner hosted at the Royal Alcazar of Seville on Sunday. 

Earlier, Prime Minister Oli and Prime Minister of Spain, Pedro Sanchez, had a bilateral meeting on Sunday. 

Prime Minister KP Sharma Oli has emphasized on the reforms of the international financial system. 

He said this during his address to the closing plenary  of the Civil Society Forum for FFD4 in the capacity of the chief guest. 

PM Oli, who is on an official visit to Spain to attend the United Nations (UN)'s 'Fourth International Conference on Financing for Development (FFD4)’, stressed the need for the developed countries to translate their commitments for financial investment to action. 

The Prime Minister also urged the civil society to consistently raise their voice for development assistance, debt sustainability and international financial system reforms. 

"You are not merely the participants of the conference, but also the catalyst and strong voice for change. Your advocacy and voice can contribute to bringing tangible changes", he said, adding, "Nepal is advancing to development and prosperity being emboldened to the norms and values of good governance, rule of law and democracy". 

He went on saying, "Nepal has a clear stance that the global investment should be made based on inclusion, necessity and proportionality. I appreciate the civil society's global partnership and participation". 

Noting that civil society's advocacy will enable the people, planet and shared responsibility, PM Oli called for the civil society to take initiative towards building an equitable and sustainable future by leaving no one behind. 

The declaration endorsed by the Civil Society Forum will be adopted by the 'Fourth International Conference on Financing for Development'. 

Prime Minister KP Sharma Oli reached Madrid, Spain  to attend  the Fourth International Conference on Financing for Development of the United Nations.  

Nepali Ambassador to Spain, Shanil Nepal, Permanent Representative of Nepal to the United Nations, Lok Bahadur Thapa, and senior officers of the Foreign Ministry of Spain, welcomed Prime Minister Oli at Adolfo Suarez Madrid-Barajas Airport here. 

The PM Oli led Nepali delegation is scheduled to reach Seville, the conference venue, this evening. 

Meanwhile, PM Oli and Tanzanian Vice President, Dr Phillip Mpango, held a meeting earlier this morning.

The meeting was held at Hamad International Airport, Doha, Qatar while heading towards Spain to attend the Fourth International Conference on Financing for Development of the United Nations. 

On the occasion, they discussed various dimensions of mutual relations between the two countries.  

Prime Minister Oli's Principal Advisor Bishnu Prasad Rimal, among other officials in the PM's entourage were present on the occasion.

Kathmandu-- Preparations have been completed for Prime Minister KP Sharma Oli's official visit to Spain beginning tomorrow.     

PM Oli is set to pay a visit at the friendly invitation of United Nations Secretary-General Antonio Guterres and Spanish Prime Minister Pedro Sanchez for the 'International Conference on Financing for the Development of the United Nations (FFD-4)' to be held in Seville, Spain, from June 30 to July 3.     

Leaders of governments from around the world, global and regional organisations, financial and trade institutions, businesspeople, civil society, and relevant representatives of the United Nations system will participate in this conference on financing for development.     

At the event, Nepal will advocate for raising the voice of the least developed, small, and island nations. The conference will also discuss the implementation of investment commitments made by rich countries for poor and small nations.     

Prime Minister Oli's chief political advisor, Bishnu Prasad Rima,l said that Prime Minister Oli is going to participate in this forum as it is important for promoting international cooperation for the achievement of the Sustainable Development Goals set by the United Nations by the year 2030.     

Stating that the preparations for the Prime Minister's visit are complete, Ministry of Foreign Affairs spokesperson Lok Bahadur Poudel Chhetri said the conference will focus on the challenges of immediate and long-term assistance and investment necessary for sustainable development by improving the global financial structure.     

Chhetri stated that the conference is of utmost importance between developed countries and developing and the least developed countries regarding sustainable development, financing for development, and particularly, development assistance, investment, and technology transfer; hence, high priority and high-level participation will be crucial.     

He shared that this would be Nepal's unique role in the context of it chairing the international coordination of least developed countries.     

During the visit, Prime Minister Oli would deliver a statement at the conference. The Prime Minister would pay a courtesy call on Spain's King Philip II and his Spanish counterpart Sanchez, as well as hold a sideline meeting with leaders of other countries of the world.     

PM Oli is leaving for Madrid via Qatar on Saturday evening to participate in the conference scheduled from June 30 to July 3. He will return home on July 4.     

It is believed that the high-level visit from Nepal would contribute to increasing investment from developed countries in Nepal and attract tourists from European countries, including Spain.

The 21-member delegation includes First Lady Radhika Shakya, PM's Chief Advisor, Bishnu Prasad Rimal, Foreign Secretary Amrit Bahadur Rai, Secretary at the Finance Ministry, Ghan Shyam Upadhyay, Secretary at the Office of the Prime Minister and Council of Ministers, Raj Kumar Shrestha, PM Oli's Chief Personal Secretary Rajesh Bajracharya, PM's private doctor Dr Smriti Shakya, among others.     

Similarly, an additional eight people from Spain and New York would join the Nepali delegation, which includes—Nepali Ambassador to Spain, Shanil Nepal, Permanent Representative of Nepal to the United Nations, Lok Bahadur Thapa, among others. RSS

Prime Minister KP Sharma Oli is leaving for Spain on Saturday for an official visit, leading a Nepali delegation. 

In the course of the official visit, he is scheduled to participate in the Fourth International Conference on Financing for Development from June 30 to July 3. 

Ambassador of Nepal to Spain, Shanil Nepal said that that all preparations for the visit have been completed. He further said the Nepali community in Spain is excited and eager to welcome the PM. 

During the visit, PM Oli will hold bilateral meetings with his counterparts.

On the occasion, Memorandum of Understandings (MoUs) on the expansion of bilateral relations and cooperation will be signed. 

The Prime Minister will also interact with the Nepali community and Spanish business fraternity during his visit. 

The Embassy has stated that there will be other crucial bilateral meetings on the sidelines of the conference. 

Prime Minister KP Sharma Oli is leaving for Spain next week to participate in the Fourth International Conference on Financing for Development. The United Nations has been organizing the conference to provide financial resources and facilities for the development of least developed and developing countries.

More than 50 heads of state, and heads of various regional financial institutions, including the International Monetary Fund, the World Bank and the World Trade Organization, will participate in the gathering. As Nepal is the chair of the Least Developed Countries (LDC) group, Prime Minister Oli will also represent Nepal as the leader of the LDCs.

The conference will focus on reforming the international financial architecture and addressing financing challenges to achieve the Sustainable Development Goals (SDGs). It will also assess progress on the Monterrey Consensus, the Doha Declaration, and the Addis Ababa Action Agenda. The event will also explore key areas of action, such as domestic public resources, private finance, international cooperation, debt sustainability, and international financial architecture.

The conference will address urgent financing needs for the SDGs, reform of the international financial system, and development effectiveness.

The aim is to address the urgent financing challenges that hinder the achievement of the SDGs, with focus on mobilizing large-scale capital, reforming the international financial architecture, and strengthening support, especially for developing countries.

Spain is a significant contributor to development financing, focusing on poverty reduction, addressing malnutrition and promoting the inclusion of persons with disabilities. Spain's development cooperation has included bilateral aid and support for initiatives such as “Aid for Trade” to enhance the integration of developing countries into the global economy.

The United Nations Economic and Social Commission for Asia and the Pacific plays a role in facilitating discussions and strategies related to financing for development in the Asia-Pacific region, including Nepal, with a focus on infrastructure development and the SDGs.

The Organization for Economic Cooperation and Development, meanwhile, monitors development finance and its characteristics, including its role in climate change adaptation and mitigation. 

Spain allocates part of its bilateral Official Development Assistance (ODA) to key areas of poverty reduction and addressing malnutrition. It also supports projects that promote the inclusion and empowerment of persons with disabilities. 

Nepal is actively engaged in discussions and initiatives related to financing for development, including infrastructure financing strategies for sustainable development. Nepal is also part of the Asia-Pacific region, where ESCAP plays a key role in facilitating dialogue and cooperation on financing for development.

Through the conference, Nepal hopes to overcome the challenges in mobilizing domestic resources and addressing the financing gap to achieve the SDGs.