Last week Nepal's recently elected assembly formally abolished the country's 240-year old monarchy. It declared the king's palace a museum and proclaimed Nepal a federal republic.
The party with the most votes in April elections in Nepal was the Communist Party of Nepal, the country's former Maoist rebels.
The Chairman of the Communist Party today announced that he expects a power-sharing agreement by the end of the week. The Maoists control 220 of the 601 seats in the Nepal's constituent assembly.
Ramjee Parajulee is a Lecturer in International Relations at Simon Fraser University in Vancouver. He's the author of the book Democratic Transition in Nepal.
Ramjee has followed the political situation in Nepal for a long time now, and Jerome asked him how he felt about recent events.