Kathmandu: Nepal's main opposition party has accused the ruling Maoist party of being dishonest in implementing the seven-point pact to conclude the 2006 peace process in the country.

Nepali Congress (NC) president Sushil Koirala said that the UCPN-Maoist should create an environment to end the current political stalemate.

He said that all political issues would be resolved if UCPN-M honestly implemented the seven-point pact.

Koirala was speaking at a function organised in the capital yesterday to release the commemorative postage stamp of veteran democratic leader and former Prime Minister Girija Prasad Koirala.

Lack of confidence among the political parties is the main hurdle that was obstructing the ongoing peace process, he said.

"Parliamentary system of governance is best for a country like Nepal," he said.

"Stability, peace, democracy and constitution are the aim of NC. We never compromise against the democratic system."

Koirala said that his party was ready for all kinds of sacrifices to conclude the peace process and asked the Maoists to play a positive role in concluding the historical tasks of peace and statute.

"The federal system based on Nepal's geographical feature will be suitable for Nepal," he said adding the new federal structure should maintain unity among the people of Terai, Hills and Mountains."

The Postal Services Department has issued one million commemorative postage stamps of former Prime Minister and Nepali Congress leader late Girija Prasad Koirala.