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    Tag:MCC

    Trump Cancels USAID Grants for Nepal, Suspends MCC Project

    The decision to terminate these grants reportedly came after a suggestion from Trump’s close aide, billionaire entrepreneur Elon Musk. Musk advised the administration to cut down on what he described as unnecessary foreign aid spending.

    US–China Rivalry Complicates Development Aid in Nepal

    On 1 March 2022, Nepal’s coalition government, led by the Nepali Congress party, finally ratified the Millennium Challenge Corporation (MCC)’s Nepal compact, a US$500 million infrastructure and...

    Nepal’s Geopolitical Stakes Are As High As The Himalayas

    Nepal occupies a crucial geostrategic location in SouthAsia – sandwiched between powerful and competing neighbours in India and China, outstripping the Himalayan nation in...

    Taliban, Chinese Mining Conglomerate, to Discuss Copper Mining in Logar Province

    A deal signed in 2008 with the previous US-backed government, but it came to a standstill after a Taliban-led attack. By Maliha Safi A Chinese delegation...

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    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
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    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.

    While India’s RAMSAR Sites Tally Rises, Wetlands Remain Endangered

    Conservationists, activists, and newspaper editorials in India have long been expressing concerns about the “decline” and “neglect” of wetland ecosystems across India.

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    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.

    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.