Nepal's embattled Prime Minister KP Oli has accused Nepali Congress and the Maoists of hatching a conspiracy against his government by tabling a no-trust motion and said he is being punished for the "good work" he has done to improve relations with India and China. Oli, who became Prime Minister in October heading Nepal's eighth government in the past 10 years, resigned on Sunday ahead of a no-confidence vote, plunging the country into a fresh political turmoil after last year's crippling Madhesi protests against the new Constitution. Two key ruling alliance partners, the Madhesi People's Rights Forum-Democratic and Rastriya Prajatantra Party, decided to support the no-confidence motion tabled against him by the Nepali Congress (NC) and the CPN-Maoist Centre. They had accused Oli of not honouring his past commitments.

Addressing the Parliament on the no-confidence motion, Oli said that he came to power when the country was in a grave crisis and was "sad" that the government was changing at a time when it is overcoming the hindrances following last year's deadly earthquakes that killed nearly 9,000 people.

Oli said Nepal-India relations were at an all-time low during the time he assumed power last year. However, with his efforts the relations were normalised. He also mentioned the Eminent Peoples Group's meeting held in Kathmandu last week in which the discussions were held to review various treaties and agreements signed between Nepal and India, including the Nepal–India Peace and Friendship Treaty of 1950.

"The relations between Nepal and China and the relations between Nepal and India are unique which cannot be compared with one another," he said, adding his efforts have reduced Nepal’s economic dependency on a single country.

Nepal signed transport and transit treaties with China so that it could have access in both of its borders. "Now the people of Nepal would not have to face difficulties in the future like it did during the time of border blockade," he said. "Nepal should adopt an equidistant approach when it comes to relations with its neighbours for the betterment of the country and the people. We respect the sensitivity of both our neighbours and we also expect the same from them."

"However, we cannot accept interference in our internal affairs, though we want good relations with our neighbours," he added.