{"id":10654,"date":"2021-10-07T13:39:40","date_gmt":"2021-10-07T07:54:40","guid":{"rendered":"https:\/\/english.kathmandupati.com\/?p=10654"},"modified":"2021-10-07T13:39:40","modified_gmt":"2021-10-07T07:54:40","slug":"private-sector-demands-endorsement-of-mcc","status":"publish","type":"post","link":"https:\/\/english.kathmandupati.com\/?p=10654","title":{"rendered":"Private sector demands endorsement of MCC"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>KATHMANDU &#8211;<\/strong> The Private sector business associations have called for the endorsement of the Nepal-US Cooperation Project Millennium Challenge Corporation (MCC). In a joint statement issued on Wednesday, the Federation of Nepalese Chambers of Commerce and Industry, the Confederation of Nepalese Industries and the Nepal Chamber of Commerce demanded that the MCC be passed by the parliament.<\/p>\n<p style=\"text-align: justify;\">&#8220;We urge the Government of Nepal, all political parties and stakeholders to immediately pass and implement the MCC in the national interest as adequate investment is needed to revive the economy in the aftermath of the COVID-19 epidemic and the MCC has the potential for long-term power export and technology transfer,&#8221; the statement said.<\/p>\n<p style=\"text-align: justify;\">As per the agreement reached between the two countries, the construction of power transmission lines and road maintenance have not progressed yet, the statement said. Timely completion of power transmission line and road maintenance projects, which are of strategic importance in Nepal&#8217;s development, would help in high economic growth.<\/p>\n<p style=\"text-align: justify;\">&#8220;The provision that projects under MCC should be completed within five years of commencement can be a model for good governance and development. As MCC projects have been implement in more than 30 countries in Europe, Asia, Latin America and Africa, the private sector is confident of smooth implementation in Nepal as well. We are clear that any infrastructure development, economic growth and job generation activity should not be affected, \u201d reads the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KATHMANDU &#8211; The Private sector business associations have called for the endorsement of the Nepal-US Cooperation Project Millennium Challenge Corporation (MCC). In a joint statement issued on Wednesday, the Federation of Nepalese Chambers of Commerce and Industry, the Confederation of Nepalese Industries and the Nepal Chamber of Commerce demanded that the MCC be passed by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-10654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nepal"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Private sector demands endorsement of MCC - KathmanduPati<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.kathmandupati.com\/?p=10654\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private sector demands endorsement of MCC - KathmanduPati\" \/>\n<meta property=\"og:description\" content=\"KATHMANDU &#8211; The Private sector business associations have called for the endorsement of the Nepal-US Cooperation Project Millennium Challenge Corporation (MCC). In a joint statement issued on Wednesday, the Federation of Nepalese Chambers of Commerce and Industry, the Confederation of Nepalese Industries and the Nepal Chamber of Commerce demanded that the MCC be passed by [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/english.kathmandupati.com\/?p=10654\" \/>\n<meta property=\"og:site_name\" content=\"KathmanduPati\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kathmandupatienglish\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-07T07:54:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/english.kathmandupati.com\/wp-content\/uploads\/2021\/10\/MCC.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"KathmanduPati\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"KathmanduPati\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654#article\",\"isPartOf\":{\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654\"},\"author\":{\"name\":\"KathmanduPati\",\"@id\":\"https:\/\/english.kathmandupati.com\/#\/schema\/person\/bbe4e117cde7a3a56af3321608bf6b37\"},\"headline\":\"Private sector demands endorsement of MCC\",\"datePublished\":\"2021-10-07T07:54:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654\"},\"wordCount\":239,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/english.kathmandupati.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654#primaryimage\"},\"thumbnailUrl\":\"https:\/\/english.kathmandupati.com\/wp-content\/uploads\/2021\/10\/MCC.jpg\",\"articleSection\":[\"Nepal\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/english.kathmandupati.com\/?p=10654#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654\",\"url\":\"https:\/\/english.kathmandupati.com\/?p=10654\",\"name\":\"Private sector demands endorsement of MCC - KathmanduPati\",\"isPartOf\":{\"@id\":\"https:\/\/english.kathmandupati.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654#primaryimage\"},\"image\":{\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654#primaryimage\"},\"thumbnailUrl\":\"https:\/\/english.kathmandupati.com\/wp-content\/uploads\/2021\/10\/MCC.jpg\",\"datePublished\":\"2021-10-07T07:54:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/english.kathmandupati.com\/?p=10654\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654#primaryimage\",\"url\":\"https:\/\/english.kathmandupati.com\/wp-content\/uploads\/2021\/10\/MCC.jpg\",\"contentUrl\":\"https:\/\/english.kathmandupati.com\/wp-content\/uploads\/2021\/10\/MCC.jpg\",\"width\":1000,\"height\":750,\"caption\":\"File Photo\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/english.kathmandupati.com\/?p=10654#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/english.kathmandupati.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Private sector demands endorsement of MCC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/english.kathmandupati.com\/#website\",\"url\":\"https:\/\/english.kathmandupati.com\/\",\"name\":\"KathmanduPati\",\"description\":\"voice of a changing era\",\"publisher\":{\"@id\":\"https:\/\/english.kathmandupati.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/english.kathmandupati.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/english.kathmandupati.com\/#organization\",\"name\":\"RB Media House Pvt. 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