{"id":12677,"date":"2022-02-27T19:14:14","date_gmt":"2022-02-27T13:29:14","guid":{"rendered":"https:\/\/english.kathmandupati.com\/?p=12677"},"modified":"2022-02-28T10:16:05","modified_gmt":"2022-02-28T04:31:05","slug":"nepals-parliament-ratifies-mcc-compact-with-interpretative-declaration","status":"publish","type":"post","link":"https:\/\/english.kathmandupati.com\/?p=12677","title":{"rendered":"Parliament ratifies MCC Compact with \u201cinterpretative declaration\u201d"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>KATHMANDU<\/strong> &#8211; Nepal\u2019s House of Representatives (HoR) on Sunday ratified the Millennium Challenge Corporation (MCC) Compact with what it said \u201cinterpretative declaration\u201d.<\/p>\n<p style=\"text-align: justify;\">Earlier today, a meeting of the ruling coalition held at the Prime Minister\u2019s official residence in Baluwatar had decided to ratify the MCC agreement by including the government\u2019s answers and interpretative declaration on the questions raised in the Parliament.<\/p>\n<p style=\"text-align: justify;\">According to the ruling coalition, the five-point \u201cinterpretative declaration\u201d includes that the parties will not consider MCC a part of US military strategy (IPS).<\/p>\n<p style=\"text-align: justify;\">Likewise, the parties have also said that the MCC Compact will not be above Nepal\u2019s constitution and laws.Likewise, the ruling coalition has said that MCC Compact will be taken only as financial assistance, and that the audit should be done by the Office of the Comptroller and Auditor General of Nepal.<\/p>\n<p style=\"text-align: justify;\">Likewise, the points of the interpretative declaration prepared by the Ministry of Finance should be considered. The parties have also said that they would even revert the decision on the basis of political consensus.<\/p>\n<p style=\"text-align: justify;\">Prior to that the ruling parties were in internal discussions on the issue. Prime Minister Sher Bahadur Deuba, CPN-Maoist Chairman Pushpa Kamal Dahal \u201cPrachanda\u201d, Unified Socialist Chairman Madhav Kumar Nepal, JSP Chairman Upendra Yadav and other top leaders of the coalition parties attended the meeting.<\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>KATHMANDU &#8211; Nepal\u2019s House of Representatives (HoR) on Sunday ratified the Millennium Challenge Corporation (MCC) Compact with what it said \u201cinterpretative declaration\u201d. Earlier today, a meeting of the ruling coalition held at the Prime Minister\u2019s official residence in Baluwatar had decided to ratify the MCC agreement by including the government\u2019s answers and interpretative declaration on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-12677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Parliament ratifies MCC Compact with \u201cinterpretative declaration\u201d - 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=12677\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament ratifies MCC Compact with \u201cinterpretative declaration\u201d - KathmanduPati\" \/>\n<meta property=\"og:description\" content=\"KATHMANDU &#8211; Nepal\u2019s House of Representatives (HoR) on Sunday ratified the Millennium Challenge Corporation (MCC) Compact with what it said \u201cinterpretative declaration\u201d. 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