The current winter session of the parliament is going to endorse the Millennium Challenge Corporation (MCC) grant assistance agreement.
According to foreign minister Pradeep Kumar Gyawali, the agreement with the US government will endorse the largest grant agreement related to the economic development of Nepal in the current session. “The then government led by the Nepali Congress had reached the agreement and as the government is an institution with unbroken inheritance rights there is no alternative to passing it even to enhance the credibility of the country's image in the international sector,” he said, clarifying about the MCC agreement in the National Concerns and Coordination Committee meeting – under the National Assembly – here today.
“As all the national parties have no differences regarding the MCC, it will be passed by the parliament,” Gyawali added.
After some of the standing committee members of the ruling Nepal Communist Party (NCP) raised serious concern over the MCC agreement’s link to the Asia Pacific Strategy (IPS), a debate has been started either to endorse it or not.
“MCC and IPS are different things,” he said, adding that it is not necessary to relate them together.
Claiming that the incumbent government is alert and serious regarding issues of national interest and concern, he said that doubt regarding the MCC is because of historic mistakes. “This is an agreement related to assistance by the American government in projects for the infrastructure development,” he said, adding that the conditions in the agreement, which have to be considered at the time of its signing, cannot be changed now. “The US assistance, following the successful peace process and achievement of political stability in Nepal, will give the country benefit of positive message worth billions.”
According to him, an independent and professional body has been set up in Nepal for the implementation of the MCC assistance and Nepal's authorised entity can audit its account too. A project worth $64 billion, including around $55 billion US assistance, has been pursued with the objective of developing physical infrastructure and expanding connectivity for eliminating poverty and backwardness in the Asia Pacific Region.
Nepal is – under the project – constructing a 400 kV electricity transmission line from Nanglebhare of Kathmandu to Butwal via Ratmate of Nuwakot and Tanahu, apart from, some road networks of strategic importance.
According to foreign minister Pradeep Kumar Gyawali, the agreement with the US government will endorse the largest grant agreement related to the economic development of Nepal in the current session. “The then government led by the Nepali Congress had reached the agreement and as the government is an institution with unbroken inheritance rights there is no alternative to passing it even to enhance the credibility of the country's image in the international sector,” he said, clarifying about the MCC agreement in the National Concerns and Coordination Committee meeting – under the National Assembly – here today.
“As all the national parties have no differences regarding the MCC, it will be passed by the parliament,” Gyawali added.
After some of the standing committee members of the ruling Nepal Communist Party (NCP) raised serious concern over the MCC agreement’s link to the Asia Pacific Strategy (IPS), a debate has been started either to endorse it or not.
“MCC and IPS are different things,” he said, adding that it is not necessary to relate them together.
Claiming that the incumbent government is alert and serious regarding issues of national interest and concern, he said that doubt regarding the MCC is because of historic mistakes. “This is an agreement related to assistance by the American government in projects for the infrastructure development,” he said, adding that the conditions in the agreement, which have to be considered at the time of its signing, cannot be changed now. “The US assistance, following the successful peace process and achievement of political stability in Nepal, will give the country benefit of positive message worth billions.”
According to him, an independent and professional body has been set up in Nepal for the implementation of the MCC assistance and Nepal's authorised entity can audit its account too. A project worth $64 billion, including around $55 billion US assistance, has been pursued with the objective of developing physical infrastructure and expanding connectivity for eliminating poverty and backwardness in the Asia Pacific Region.
Nepal is – under the project – constructing a 400 kV electricity transmission line from Nanglebhare of Kathmandu to Butwal via Ratmate of Nuwakot and Tanahu, apart from, some road networks of strategic importance.
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