Nepal seeks clarification with the US on some provisions of the MCC Compact

KATHMANDU: The government has written a letter to the Millennium Challenge Corporation (MCC) office, United States to clarify some of the provisions included in the MCC agreement.

The government’s request comes at a time when Fatema Z. Sumar, Vice-President of Department of Compact Operations at the Millenium Challenge Corporation is scheduled to arrive in Nepal next week.

The Ministry of Finance on Friday wrote the letter, through US Embassy in Nepal, asking the US government to clarify the 11 main provisions among others included in the agreement.

In the letter, the Ministry of Finance has asked the US government to clarify whether MCC is a part of the US-led Indo-Pacific Strategy or not. Ministry has also questioned whether Nepal’s security strategy is linked with MCC or not.

Fiscal Nepal |
Sunday September 5, 2021, 12:01:59 PM |

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