United Nepali Diaspora Organization: A parallel organization of Non-Resident Nepali Association registered

Kathmandu – United Nepali Diaspora Organization (UNDO) has been registered as a parallel organization of Non-Resident Nepali Association (NRNA).

According to the decision of the Ministry of Foreign Affairs, on 14th Jan 2024, UNDO has been registered and granted a certificate in accordance with the Non-Resident Nepalese Act 2064 and the Non-Resident Nepalese Regulations 2066.

Sonam Lama, who is also the former vice-president of NRNA, applied to the Ministry of Foreign Affairs to register the United Nepali Diaspora organization after the dispute in the NRNA election of 2078 Chait. After Ministry of Foreign Affairs refused to register the organization, Lama filed a writ in the Supreme Court on 31 July 2023. Accordingly, the joint bench of Supreme Court Justices Anand Mohan Bhattarai and Teel Prasad Shrestha ordered the registration of UNDO.

58 non-resident Nepalese from 28 countries jointly applied to register the United Nepali Diaspora Organization in accordance with the provision of non-resident Nepali association 2066 where it has been mentioned that 50 non-resident Nepalese in 25 countries should jointly applied for the registration of new organization related to Non resident Nepalese.

NRNA to help ease the declining foreign exchange reserves in the country

The Non-Resident Nepali Association (NRNA) intends to interact with non-resident Nepalis to help ease the declining foreign exchange reserves in the country. Government officials will also participate in the interaction.

A meeting of the International Coordinating Council of the Non-Resident Nepali Association (NRNA) has decided to join hands with the government to resolve the possible economic crisis in the country, said NRNA spokesperson Shiva Baruwal. In a meeting chaired by NRNA Executive Chairman Kul Acharya,
The meeting on Wednesday decided to hold a detailed interaction with the participation of the Finance Minister, Finance Secretary, Nepal Rastra Bank officials, economists and others to address the declining foreign reserves.

The NRNA spokesperson informed that the meeting decided to request all non-resident Nepalese to open an account in any bank of Nepal in US dollars and deposit at least 1000 US dollars in that account.

The meeting has decided to form a task force led by NRNA Vice President Bhushan Ghimire to study the problems that may arise when opening a dollar account, sending dollars, saving money in that account and withdrawing money from the account when needed.

The meeting also decided to facilitate all non-resident Nepalis to open dollar accounts.