<div><span style="font-size: 10pt;">Nepal's CPN-UML and CPN-Maoist Centre have merged and formed a new powerful bloc after they secured a sweeping majority in the historic federal and provincial polls.&nbsp;</span></div>''<div><br />''</div>''<div>The Left Alliance of the CPN-UML, led by Prime Minister K P Sharma Oli and CPN-Maoist Centre, led by former premier Prachanda, had in December this year secured 174 seats in the 275-member Parliament in the provincial and parliamentary polls that many hope will bring the much-needed political stability to the Himalayan nation.&nbsp;</div>''<div><br />''</div>''<div>The Kathmandu Post said, the two communist allies, in a meeting last night, agreed for the merger.&nbsp;</div>''<div><br />''</div>''<div>It said, the meeting of the Party Unification Coordination Committee (PUCC) held in Baluwatar spelt out seven points of the agreement to further the unification process.&nbsp;</div>''<div><br />''</div>''<div>The report said, the unified party will be named the Communist Party of Nepal. A PUCC member said, with this agreement, the Maoist Centre will join the government.</div>