China's protracted lobbying efforts aimed at blocking US Millennium Challenge Corporation grant to Nepal

Feb 21, 2022

Kathmandu [Nepal], February 21 : China's protracted lobbying efforts are aimed at blocking US Millennium Challenge Corporation (MCC) USD 500-million infrastructure grant project to...

Formal implementation of multi-million US Dollar MCC pact begins in Nepal

Aug 30, 2023

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.

MCC ratification is Nepal's sovereign decision: US Embassy in Nepal

Feb 19, 2022

Kathmandu [Nepal], February 19 : United States has clarified that Millennium Challenge Corporation (MCC) ratification is Nepal's sovereign decision, as the deadline to ratify...

Nepal parliament ratifies 500 million US Dollar grant assistance with 'interpretative declaration'

Feb 27, 2022

Kathmandu [Nepal], February 28 : Nepal's House of Representatives on Sunday has ratified 500 million US Dollar grant assistance-Millennium Challenge Corporation (MCC) pact along...

US State Secy Blinken, Nepal's counterpart Saud discuss expanded development finance corporation investment in Nepal

Oct 31, 2023

The two leaders highlighted the recently launched USD 500 million Millennium Challenge Corporation Compact that will build infrastructure, increase access to electricity, and support...

Vice President of MCC compact operations dept arrives in Kathmandu ahead of agreement coming into force

Aug 29, 2023

Vice President of Millennium Challenge Corporation (MCC) Compact Operations Department Cameron Alford arrived in Kathmandu on Tuesday evening ahead of August 30 when the...