Germany will increase its assistance to Nepal by three times for 2006-07 in order to help ongoing peace process in Nepal, local Kantipur daily reported on Monday.

"Germany will increase assistance to 50.7 million U.S. dollar for two years in 2006-07 from 16.9 million dollars in 2004-05,"the newspaper reported referring to officials at German embassy in Nepal.

"We are going to increase assistance significantly to Nepal," Franz Rin, German ambassador to Nepal said, adding "the issues associated with the peace process have been the keys for German assistance."

Nepal and Germany will sign a agreement on the assistance during a meeting to be held on Tuesday, according to the report.

Thomas Lawan, national director of German Technical Cooperation agency -- (GTZ) for Nepal, said that the German assistance would be focused on providing needed resources for feeding the former Nepali guerrillas' armed forces after they are limited to cantonments, rehabilitating internally displaced people as well as electoral process of constituent assembly.

He made it clear that Germany would provide assistance as per the demands of Nepali government.

Source: Xinhua