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The Millennium Challenge Corporation (MCC) will be presented in the Federal Parliament meeting for discussions on Thursday. 

Federal Parliament General Secretary Bharat Raj Gautam said that Finance Minister Janardan Sharma will submit a proposal in the Parliament asking to hold discussions on the MCC. 

The $500 million compact, which was registered in the Parliament for the ratification in 2019, was tabled in the Parliament on Sunday. 

Minister for Communications and Information Technology Gyanendra Bahadur Karki on behalf of Minister for Finance Janardan Sharma tabled in the MCC.

Nepal signed an agreement with the United States for developing transmission lines and road networks in 2017.

The major ruling party Nepali Congress (NC) has directed the party members to attend a meeting of the House of Representatives scheduled for Thursday. The presence is mandatory, the party said. 

According to party whip Puhspa Bhusal, all the party lawmakers in the lower house have been asked to compulsorily attend the session which is scheduled to deliberate on the MCC proposal tabled by the government in the House on Sunday.   

 The House is required to endorse the compact by coming February 28.  The NC is in favour of endorsing the MCC. The government continues efforts to forge a wider political consensus on it. RSS

Democratic Socialist Party has decided to vote in favour of the Millennium Challenge Corporation (MCC).

The Parliamentary Party meeting held at the party's central office in Babarmahal on Wednesday decided to vote in favour of the MCC, a leader, who attended the meeting, said.

The party decided to stand in favour of the MCC saying that is a development programme, the leader said.

The Democratic Socialist Party has 13 lawmakers in the Parliament.

The government tabled the MCC in the House of Representatives on Sunday.

The Parliament meeting has been called for Thursday to take the proposal ahead.

Signed in September 2017, the MCC compact is an assistance under which the United States will provide $500 million to Nepal for electricity transmission lines and road maintenance.

The United States has given the government of Nepal a deadline of February 28 for the parliamentary ratification of the MCC.

The Ministry of Foreign Affairs has urged all the Nepalis not to travel to Ukraine except for emergencies after escalating tension between Ukraine and Russia reached a critical point.

The tension has escalated on Ukraine’s border after Vladimir Putin ordered his military to enter the Russian-controlled areas of southeast Ukraine following a decision to recognise the territories as independent states.

Saying that the conflict between the two countries could turn into a war, the Ministry of Foreign Affairs has requested all Nepali citizens in Ukraine to return home by assessing the situation.

“The Ministry has urged all the Nepalis staying in Ukraine to return home by assessing the developing situation and also requested the people not to travel to Ukraine except for emergencies,” read a statement issued by the Ministry on Wednesday.