KATHMANDU:- The US official has expressed confidence that the Millennium Challenge Corporation (MCC) Compact with Nepal would be ratified by the House of Representatives at the earliest, and it would help strengthen Nepal-US cooperation and collaboration subsisting for 73 years.
Nepal government itself had showed willingness for the MCC Compact after half decade long discussion and dialogue keeping in centre its socioeconomic transformation, the official reminded, adding that Nepali political parties would be univocal on implementation of the Compact.
“The seven decade-long official relations between the US and Nepal and the projects of bilateral cooperation thereafter have contributed to Nepal’s journey to prosperity, said MCC Vice President, Fatema Sumar, at a news conference before wrapping up her four-day visit to Nepal on Sunday. “The past development projects have helped redefine our relations with Nepal,” she stressed.
She further hoped that the MCC Compact would be endorsed by the HoR soon with political consensus. Sumar shared her conclusion.
According to her, the project under the MCC Compact would contribute to restoration of economy and employment generation.
During her 4-day stay in Nepal, Sumar held separate meetings with Prime Minister and Nepali Congress President Sher Bahadur Deuba, CPN (Maoist Centre) Chairperson Pushpa Kamal Dahal ‘Prachanda’, CPN (Unified Socialist) Chairperson Madhav Kumar Nepal, CPN UML Chairperson KP Oli, former prime minister Baburam Bhattarai, Finance Minister Janardan Sharma, Minister for Energy, Hydro Resources and Irrigation Pampha Bhushal, among others and requested them to ratify the MCC Compact soon from the parliament.
Earlier, Nepal government had put forth 11 queries to the MCC. To which, MCC responded that the provisions of MCC Compact were not above Nepal’s constitution. The MCC Compact as per which Nepal would get Rs 55 billion grants by the US government for constructing transmission line and roads was not the part of Indo-Pacific Strategy of US, she made it clear.
Comment here !
N24 Correspondent, KATHMANDU:- Other judges will be absent from the full court convened by Chief Justice Cholendra Shamsher Jabra in
KATHMANDU:- The United States has announced that it will provide Hundred Thousand 620 Pfizer vaccine grants to Nepal. “The vaccine
KATHMANDU:- A meeting between Finance Minister Janardan Sharma and British Ambassador to Nepal Nicola Pollitt has taken place at the
BHAJANI:- Nepali Congress senior leader Ram Chandra Poudel has called for providing relief to the flood-affected people at the soonest.