Nepalese Maoist rebels declare ceasefire

Nepal's Maoist rebels declared a three-month unilateral ceasefire from today but again underlined their demand for a new constitution…

Nepal's Maoist rebels declared a three-month unilateral ceasefire from today but again underlined their demand for a new constitution.

"Our People's Liberation Army will not carry out any offensive military action during this period and will remain defensive," rebel chief Prachanda said in a statement.

"Our party believes that this declaration will highly respect the aspiration for the constituent assembly, a democratic republic and peace that is seen on the street."

The Maoists have been fighting to overthrow Nepal's monarchy since 1996 and at least 13,000 people have been killed.

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They have a loose alliance with mainstream political parties that are to form a new government after King Gyanendra reconvened the dissolved parliament earlier this week following almost 20 days of street protests and .

A senior political leader welcomed the Maoist announcement, and said the incoming government would likely join the truce.

"They [Maoists] have taken the initiative to take the credit of showing themselves as initiators of peace," said Madhav Kumar Nepal, general secretary of the Communist Party of Nepal, the second-largest in the main seven-party alliance.