The US-Nepal Policy Research Center (US-NPRC) has demanded for immediate ratification of the multi-million US dollar Millennium Challenge Corporation (MCC) compact
Saying that a failure could tarnish Nepal's international image, the US-based Center said that it wants to urge the Nepal government, the parliament and political leaders to be serious and honest in implementing the compact. “The failure on timely ratification could tarnish Nepal's international image and trustworthiness.”
The implementation of the project has to be completed within five years beginning June 2020 and the delay could hamper its timely completion," a press note issued by the centre reads.
In September 2017, the US government’s Millennium Challenge Corporation (MCC) signed a $500 million compact with Nepal. The compact aims to increase the availability and reliability of electricity, maintain road quality, and facilitate power trade between Nepal and India, helping to spur investments, accelerate economic growth, and reduce poverty..
The US-NPRC is working in the field of science, technology, education and policy through research, training, professional development programmes, and share knowledge and experience gained from research and analysis through training, seminar, and workshops in the US and Nepal.
The center has over 50 members across the US, mostly academicians.
Saying that a failure could tarnish Nepal's international image, the US-based Center said that it wants to urge the Nepal government, the parliament and political leaders to be serious and honest in implementing the compact. “The failure on timely ratification could tarnish Nepal's international image and trustworthiness.”
The implementation of the project has to be completed within five years beginning June 2020 and the delay could hamper its timely completion," a press note issued by the centre reads.
In September 2017, the US government’s Millennium Challenge Corporation (MCC) signed a $500 million compact with Nepal. The compact aims to increase the availability and reliability of electricity, maintain road quality, and facilitate power trade between Nepal and India, helping to spur investments, accelerate economic growth, and reduce poverty..
The US-NPRC is working in the field of science, technology, education and policy through research, training, professional development programmes, and share knowledge and experience gained from research and analysis through training, seminar, and workshops in the US and Nepal.
The center has over 50 members across the US, mostly academicians.
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