King Gyanendra and the Maoist insurgents have agreed for the UN to administer Nepal for a year within which internally-monitored elections will be held, and the scheme presented to UN secretary general Kofi Annan by US secretary of state Condoleezaa Rice was structured by India while the UK and Belgium co-sponsored it.

Under the scheme, Gyanendra will hand over executive powers to the UN, while retaining the office of the constitutional monarchy, and the king gave in after the US threatened dispatch of a multinational force to take over Nepal and return it to democracy, and the Maoists relented coming under extreme pressure from the Royal Nepalese Army.