The US embassy in Nepal has rejected reports suggesting America is threatening Nepal to ratify the proposed grant assistance under the Millennium Challenge Corporation (MCC).
The MCC has become a toxic factor between Nepal’s major political parties. Nepal’s political parties are sharply divided over the issue of whether to accept the US grant assistance under the MCC agreement, which is under consideration in the House of Representatives.
Nepal and the United States signed the MCC agreement in 2017.
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