Agreement Between Nepal And Mcc

On 8 april, 2021

However, another part of the ruling party, led by Prime Minister KP Sharma Oli, has defended the pact and wants the current session of the House of Representatives to ratify it. Nepal`s Primary Congress also voted in favour of immediate approval of the agreement. In particular, there are concerns that the MCC agreement could compete in Nepal with China in the United States. The report on the U.S. Indo-Pacific Strategy of June 1, 2019 makes it very clear that China is a revisionist power and threat while Nepal maintains friendly relations with China. Nepal`s mentality has been deeply shaken by India`s harmless 2015 blockade. Kathmandu is aware of the importance of the roads and railways that connect China and thus keeps the Belt and Road initiative in a positive light. The partnership between the Millennium Challenge Corporation (MCC) and Nepal`s Tulasi Sitaula, a former government secretary, said the government should have ensured that the United States continued to fund the preparatory work under the agreement. In accordance with the MCC Compact agreement between the MCC and the Nepalese government, the pact remains in force five years after it enters into force until its termination. Since the Nepalese government did not ratify the agreement, the Ministry of Finance requested an extension of the ratification period.

Nepal was the first South Asian country to qualify for the pact after completing 16 of the 20 political indicators. In September 2017, Secretaries of State Baikuntha Aryal and Jonathan Nash, Chief Executive Officer of the MCC, signed an agreement in Washington in the presence of Gyandera Bahadur Karki, then Minister of Finance, and U.S. Assistant Secretary of State John J Sullivan. The U.S. government has agreed to provide $500 million in grants, while Nepal would provide $130 million for the project, which prioritizes energy and roads. This is the largest grant Nepal has ever received. Prithvi Man Shrestha is a political journalist for the Kathmandu Post that deals with government issues such as corruption and irregularities in the government machine. Before arriving at the Kathmandu Post in 2009, he worked for three years at nepalnews.com and Rising Nepal. Section 2.7 makes it clear in Section 2.7 that funds cannot be used for the military, but some readers consider Section 6.8, which provides immunity for MCC employees in ”all courts in Nepal,” and fear that this could be used for military purposes. There is no doubt that diplomats should continue to enjoy diplomatic immunity, but should immunity be granted for other activities? Isn`t that a violation of Nepal`s sovereignty? The GCC pact does not say it must be ratified by Nepal`s parliament.

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