The king's hailing the peace accord simply means the palace's PR machinery has kicked into high gears ... the king is trying to stay relevant as developments unfold in Nepal rendering him, and more importantly, the institution of monarchy increasingly irrelevant. This peace accord would not have happened under Gyane's watch, so his hailing it can be construed as his tacit admission of failures as the chairman of the council of ministers (made up of his chamchas) of his the then government to bring peace to the country. If tomorrow the Supreme Court were to hand down a judgement against Gyane for perpetrating atrocities against the Jan Andola -2 protestors and citizens (as the chairman of the said council of ministers), do you think he would hail that, too, as a positive development? I don't think so. Mind you, the Rayamajhi Commission report has accused Gyane of a larger crime - of masterminding the atrocities committed against citizens during his autocratic rule. As all signs point to the inevitability of the Constituent Assembly elections, the stakes for the king and the institution of monarchy (albeit ceremonial monarchy) have never been greater. The palace and all the reactionary forces must now campaign to affect the outcomes of the elections in their favor. Methinks the king's hailing of the the peace accord signals that the palace's campaign has only just begun in earnest.