By Our Reporter
The dispute in the ruling Nepal Communist party over the MCC grant continues although ministers and its top leaders have been reiterating that the bill would be endorsed by the parliament. The leaders who are in favour of MCC argued that MCC is not under IPS, although Americans say MCC is part of IPS.
MCC grant is for the construction of high voltage 400 kV transmission line to evacuate the power from one part to the rest of the world and the document and agreement distributed by the project basically talks about the construction of transmission lines and road projects.
However, US$ 630 million project, with US$ 500 million grant from United States of America under MCC-Nepal, was a major issue of nationalism for ruling Nepal Communist Party (NCP) leaders.
Out of the six conditions, NCP leaders expressed objections over a clause that is related to ratification of the agreement by the House of Representatives.
Due to objections of ruling communist party leaders and other fringe communists, the agreement has been pending in a committee of House of Representatives for the last five months.
Suddenly, the communist leaders have found the MCC is a part of Indo-Pacific Strategy and expressed their reservation, although foreign minister Pradeep Gyawali and Finanace Minister Dr. Yubaraj Khatiwada have clarified that MCC had nothing to do with Indo-Pacific Strategy.
Following three days of hectic discussion, the politburo of ruling Nepal Communist Party (NCP) handed over the issue whether to ratify Millennium Challenge Corporation (MCC) grant agreement to party secretariat.
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