|Norway extends grant assistance for Nepal Peace Trust Fund|
| [07.12.2011, 03:01pm, Wed. GMT]|
|Norway has agreed to provide an additional grant assistance of Rs. 272 million (NOK 20 million) to Nepal as a contribution to support activities of Nepal Peace Trust Fund (NPTF). The memorandum of understanding (MoU) to this effect was signed between Lal Shanker Ghimire, joint secretary at Ministry of Finance (MoF), and Alf Arne Ramslien, Ambassador of Norway to Nepal on behalf of their respective institutions here in the capital on Wednesday.The assistance will be utilised to support the NPTF activities for establishing a long term peace in Nepal.|
The government of Norway has been supporting the Peace Process in Nepal since 2007 under the Bilateral Agreement and Joint Financing Arrangements
(JFAs) signed between the two countries.
As per the agreement signed in the JFA on November 23, 2010 the peace activities include – cantonment management and integration/rehabilitation of Maoist combatants, assistance to conflict affected persons, reconstruction of public infrastructure, promotion of security and transitional justice, and support to Constituent Assembly, election and peace building initiatives at national and local level.