Political Dimension of Nepal’s Economic Diplomacy
"The new president of the World Bank, Al fasan was someone who would listen to the US Department of State before taking any decision. He cancelled the (Arun III) project at the instance of the State Department. India from the very beginning was not in favor of Arun III. India had requested the United States, which had the project cancelled in order to oblige the emerging regional power " (Adhikari 2064 BS: 296). During the initial phases of its history following the national unification, Nepal vigorously defended its sovereign independence and identity. In doing so, it had often to repulse the attacks from the British East India Company as well a joint attack from Tibet and China and at times had to make compromises or gratify. Learning from various world ideologies, Nepal has been moving forward in the direction of change under the leadership of liberal democratic and communist parties even as the journey is marked with bumps and jolts. The continued process of transform...