Kathmandu, Sept 18 : Nepal Prime Minister Pushpa Kamal Dahal ‘Prachanda’ described his India visit as successful today.

He was addressing a press conference at Tribhuvan International Airport on his arrival in Kathmandu today. The Prime Minister said his visit has laid the foundation for a new forward looking bilateral relationship by injecting new dynamism in tune with current political realities.

Prachanda said both the sides have agreed to review, adjust and update the 1950 Treaty of Friendship and other agreements.

Bangalore, Sept 17 : Nepal''s Prime Minister Pushpa Kamal Dahal "Prachanda" on Wednesday invited Indian investors to invest in Nepal and promised them a conducive business atmosphere in his country.

The Nepalese Maoist leader who is on a five day goodwill visit to India attended a luncheon meet organised by Confederation of Indian Industry (CII) in Bangalore on Wednesday.

New Delhi, Sept 17: Nepal’s Prime Minister Prachanda has said that India has agreed to replace the 1950 Nepal-India Peace and Friendship Treaty with a new one.

Talking to media persons here on Tuesday, Prachanda said that both Nepal and India have agreed to form a joint task force to study and sort out the issues that need revision.

"The joint task force will work out and prepare the draft of a new treaty and amend the existing treaties, and the bilateral relations will proceed in a new way," he added.

New Delhi, Sept 16: Nepal’s Prime Minister Prachanda today said that India was ready for review of Indo-Nepal 1950 Peace and Friendship Treaty.

Talking to reporters here, Prachanda said, a joint taskforce will soon be formed by the two countries to study the review of the treaty so that it becomes consistent with present times and is in the interest of both countries.

He said that such understanding was reached during his talks with Prime Minister Dr. Manmohan Singh.

New Delhi, Sept. 15 : Asian Centre for Human Rights urged the visiting Nepalese Prime Minister Pushpa Kamal Dahal alias Prachanda to protect the rights of the Tibetan refugees in Nepal and refrain from refoulement of any Tibetan refugee to China.

About 30 percent of the 20,000 Tibetan refugees living in four camps in Pokhara, Nepal who entered Nepal illegally or were never granted a refugee certificate face imprisonment and deportation in an attempt to satisfy China. Altogether 132 Tibetan activists have been arrested since 9 September 2008.

New Delhi, Sept 15 : Nepal’s Prime Minister Prachanda today said that his government is committed to create an investor-friendly environment in his country.

Addressing a luncheon meeting organised by the Indian industrial organization, namely the CII, FICCI and ASSOCHAM here, Prachanda said, "We will do all we can to ensure industrial security in Nepal.”

“The Nepal Government remains committed to adopt every possible measures to provide investors necessary security," he added.

Prachanda also said one could not compare his country''s relations with India and China.