S Korea announces lowering of tariffs as part of new US trade deal

The US and South Korea have reached a broad trade deal, both countries have said following talks between their leaders, BBC reported.

South Korea's presidential aide, Kim Yong-beom, said the two sides will reduce reciprocal tariffs from 25% to 15%, as was agreed earlier this year. 

South Korea will also invest $350bn in the US, including $200bn in cash investment and $150bn in shipbuilding, Kim said, according to BBC.

US President Donald Trump, who is currently on a week-long trip in Asia, said the deal was "pretty much finalised" at a dinner following the discussions, which lasted almost two hours. He did not give further details. 

 

At least 132 killed in Rio police raid, officials say

The number of people known to have been killed in a deadly police raid in the Brazilian city of Rio de Janeiro on Tuesday has risen to 132, officials say, BBC reported.

This is more than double the figure cited after the police operation in the favelas (poor neighbourhoods) of Alemao and Penha, in the north of Rio de Janeiro, on Tuesday.

The public defender's office, which provides legal assistance to the poor, made the new death toll public after grieving residents lay dozens of bodies in a square early on Wednesday, according to BBC.

Prez Paudel to attend 2nd World Summit for Social Development in Qatar on Nov 4-6

President Ram Chandra Paudel is scheduled to leave for Doha, Qatar on November 3 to attend the 2nd World Summit for Social Development. 

The international event is taking place in Doha from November 4 to 6. 

President Paudel is visiting Qatar at the invitation of Qatari Emir Sheikh Tamim bin Hamad Al Thani. 

The President is leading a 12-member Nepali delegation to the Summit, according to the Foreign Ministry. 

The Head of the State will return home on November 6. 

The Summit, which is being conducted as per UN General Assembly's decision, is believed to be a significant event for the UN member states. 

The Summit is taking place in a 30 years' gap.

President Paudel and the Qatari Emir are scheduled to hold a meeting during the Summit.

Earlier, the first such event was held in Copenhagen, Denmark in 1995. 

The global conference would hold discussions on the pressing issues of the hour like unequal development, demographic imbalance and technological impact in society. 

A common resolution would be made in the event for the collaboration and cooperation on social development.

 

SC denies issuing interim order against House dissolution

The constitutional bench of the Supreme Court on Wednesday conducted a preliminary hearing on the writ petitions filed against the formation of the present government, and dissolution of the House of Representatives (HoR). 

The bench denied an interim order as demanded by the petitioners, but sought a written response from the defendants including the Office of the President, seeking reason why the interim order could not be issued against government formation and HoR dissolution. 

A week's time has been given by the court to furnish the written responses.

Nearly one-and-half-dozen writ petitions were filed against the formation of interim government and HoR dissolution, making defendants to various sides, including the Office of the President. 

On behalf of the petitioners, senior advocates and advocates argued that the formation of government by inducting former Chief Justice Sushila Karki and former judge at Supreme Court, Anil Kumar Sinha, was against the Constitution. 

Senior advocate Tikaram Bhattarai, former Chairman of Nepal Bar Association, Gopal Krishna Ghimire, and advocate Khamma Bahadur Khati, pleaded that the government was unconstitutional and it must not take decisions having long term importance.

The constitutional bench comprising Chief Justice Prakashman Singh Raut, justices Sapana Pradhan Malla, Kumar Regmi, Hari Prasad Phunyal and Dr Manoj Kumar Sharma conducted the hearing on Wednesday. 

Three killed in Palpa bus accident

Three persons died in a bus accident at Pipal Bhanjyang in Rainadevi Rural Municipality-4, Palpa  on Wednesday.

The bus (Lumbini Province 01-001 Ja 0091) was heading  towards Mehaldhap from Amalabas in Palpa district when the incident occurred. 

The deceased have been identified as driver Kamal Rayamajhi (34) of Amalabas; Ram Bahadur Gaha (41), of Chhahara-4; and Mukta Bahadur Budhathoki (37) of Chhahara-1, according to Kamal Pradhan, Information Officer at District Police Office, Palpa.

Seriously injured in the incident, they were taken to the District Hospital, Palpa where they breathed their last during the course of treatment. 

Investigation into the incident is underway, police added.

 

Nepal and India sign agreement to construct two cross-border transmission lines

Minister for Energy, Water Resources, and Irrigation, Kulman Ghising, who is presently in New Delhi, India, to attend the 8th General Assembly of the International Solar Alliance, held a meeting today with India’s Power Minister, Manohar Lal Khattar.

During the meeting, the two ministers discussed Nepal-India energy cooperation, power trade,  expansion of transmission lines, progress on Nepal’s under-construction power projects funded by India, and the long-term power partnership between the two countries, according to Minister Ghising’s secretariat.

Meanwhile, Nepal and India have signed a joint venture (JV) and shareholder agreement for the construction of two cross-border transmission lines. 

According to the Ministry of Energy, the agreement aims to construct 400 kV cross-border transmission lines connecting Inaruwa–Purnia and Lamki–Dodhara–Bareli.

Nepal Electricity Authority (NEA) Deputy Executive Director Subhash Kumar Mishra and Chief Operating Officer Sanjay Kumar Gupta at Power Grid Corporation of India Limited signed the agreement on behalf of their respective sides, in the presence of the two ministers. 

On the occasion, Minister Ghising described the agreement as a significant achievement for bilateral and regional power trade. 

He stated that it will help Nepal gain access to the international energy market and attract domestic and foreign investment in Nepal’s hydropower development and expansion sectors, urging India to further invest in the sector.

Minister Khattar expressed the view that once the two additional cross-border transmission lines are completed, the electricity exchange process between Nepal and India will become smoother. 

He added that it would enhance regional energy security through a stronger grid and contribute to the economic growth of both countries.

Earlier, on October 16, the Cabinet had approved granting the authority to establish two joint companies: one in Nepal and one in India for the construction of transmission lines, with investment from both NEA and Power Grid Corporation of India. 

The Cabinet also approved making equity investments in these companies.

 

US Ambassador Thompson calls on Home Minister Aryal

US Ambassador to Nepal Dean R Thompson paid a courtesy call on Home Minister Om Prakash Aryal at Singha Durbar on Wednesday.

During the meeting, they discussed various issues of bilateral relations.

The US Ambassador appreciated the Ministry efforts, the Nepal Police and the Armed Police Force on restoring peace and security across the country. 

On the occasion, Ambassador Thompson showed concern over land acquisition obstacles in a few sections under the MCC project. He also inquired on the refugee issues in the meeting, according to the Home Ministry. 

In response, Home Minister Aryal informed that the situation was gradually improving each day due to good coordination among all agencies. The renewed trust between public and security forces has been fruitful in restoring stability and security, he added.

Nepal respects basic human rights for all, he said, adding that the government is committed to upholding the commitments of the previous government and Parliament and assured to expedite the issues after necessary consultation.

Aryal further informed that the Ministry was in consultation with the Election Commission to assess the security requirements for the March 5 election.

 

APF reaches Muktinath Temple to provide medical care to tourists

The Armed Police Force (APF) today reached the Muktinath Temple premises to provide medical care to domestic tourists affected by the recent heavy snowfall in Mustang. 

The APF set up a health camp at the temple entrance in the morning and conducted health check-ups for 250 visitors.

Most of the visitors reported headaches, nausea, vomiting, and breathing difficulties following the snowfall and a sudden drop in temperature.

Meanwhile, the APF also cleared snow along the route to the temple, facilitating the movement of tourists.