Trump’s MCC funds freeze a setback for Nepal’s development aspirations

In 2017, the U.S. committed $500 million under the MCC-Nepal compact for electricity transmission and road upgrades, marking the largest American infrastructure grant to the country; analysts say the U.S. decision could impact Nepal in the geopolitical arena, with respect to India and China

from World News: Top International Headlines Today | The Hindu https://ift.tt/er05jnM