Search For "millennium challenge corporation"
US halts multi-million MCC pact aimed to bolster road, transmission capaci
Updated : 1 year, 1 month ago IST
The US has halted the multi-million US Dollar Millennium Challenge Corporation (MCC) pact aiming to bolster the road and transmission capacity of the Himalayan nation, the Nepalese Finance Ministry announced.
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US State Secy Blinken, Nepal's counterpart Saud discuss expanded developme
Updated : 2 years, 4 months ago IST
The two leaders highlighted the recently launched USD 500 million Millennium Challenge Corporation Compact that will build infrastructure, increase access to electricity, and support cross-border power trade.
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Formal implementation of multi-million US Dollar MCC pact begins in Nepal
Updated : 2 years, 6 months ago IST
Aiming to enhance the road and transmission capacity of Nepal, the multimillion-dollar Millennium Challenge Corporation (MCC) pact has started its work formally from Wednesday.
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Vice President of MCC compact operations dept arrives in Kathmandu ahead o
Updated : 2 years, 6 months ago IST
Vice President of Millennium Challenge Corporation (MCC) Compact Operations Department Cameron Alford arrived in Kathmandu on Tuesday evening ahead of August 30 when the agreement comes into force.
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US to invest one billion dollars in Nepal, seeks government's plan to fina
Updated : 3 years, 1 month ago IST
The United States plans to invest about one billion US Dollars in Nepal, the Under Secretary of State for Political Affairs of the United States, Victoria Nuland said on Monday during her visit to the Himalayan Nation.
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China putting pressure on reluctant Nepal to join Belt and Road Initiative
Updated : 3 years, 2 months ago IST
China has been trying to get the support of Nepal for its ambitious Belt and Road Initiative (BRI) but the Himalayan country is reluctant to join it as it also seeks support from the US and India which oppose Chinese policies, a Kathmandu-based online magazine Epardafas reported.
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Nepal's change of guard a major diplomatic setback for China: Report
Updated : 3 years, 3 months ago IST
Nepal's latest change of guard may thus come as a major diplomatic setback for President Xi Jinping as the power equations in Kathmandu, under the Deuba-led coalition, are unlikely to be inclined towards Beijing.
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Chinese Foreign Minister to visit Nepal to push Beijing's agenda in Kathma
Updated : 4 years ago IST
Kathmandu [Nepal], March 21 (ANI): China received a major setback after Nepal ratified the Millennium Challenge Corporation (MCC) compact, a grant of USD 500 million developmental assistance from the US to Kathmandu.
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China accuses Nepal of 'double standards' on US grant aid
Updated : 4 years ago IST
Beijing [China], March 18 (ANI): China sees the current Nepali Congress-led government as pro-Western and anti-China with a Chinese official saying that Communist Party of Nepal CPN (Maoist Center) Chairman Pushpa Kamal Dahal has double standards on the Millennium Challenge Corporation (MCC)
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China promoting new ways to engage Nepal post-MCC compact ratification
Updated : 4 years ago IST
Kathmandu [Nepal], March 18 (ANI): China is promoting new ways to engage Nepal post- Millennium Challenge Corporation (MCC) compact ratification, a grant of USD 500 million developmental assistance from the US to Kathmandu. This exploration starts with Chinese Foreign Minister Wang Yi's visi
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China's plan to turn Nepal against US goes awry
Updated : 4 years ago IST
Beijing [China], March 8 (ANI): China waded into the political debate in Kathmandu whether Nepal should accept the Millennium Challenge Corporation (MCC) grant, a USD 500 million developmental assistance from the USA and made loaded comments to suggest that Nepal should reject the offer from
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US' MCC compact will undermine Nepal's sovereignty, have 'far-reaching con
Updated : 4 years ago IST
Beijing [China], March 8 (ANI): The MCC (Millennium Challenge Corporation) Nepal compact, which was passed by the country's Parliament last month, undermines the country's sovereignty, the Chinese state media said on Monday.
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