KATHMANDU, Feb 27: The US Embassy in Kathmandu has said that the decision of parliament to ratify the Millennium Challenge Corporation (MCC) grant agreement will mean more jobs for Nepali people, a reliable supply of electricity and lower transportation costs in Nepal.

KATHMANDU, Feb 27: A meeting of House of Representatives(HoR) held on Sunday evening ratified Millennium Challenge Corporation(MCC) grant agreement. The grant agreement was endorsed through voice voting as the main opposition staged protest against Speaker Agni Prasad Sapkota.

KATHMANDU, Feb 27: The government has decided to table an "interpretative declaration' on Millennium Challenge Corporation(MCC) grant agreement.

KATHMANDU, Feb 25: The main opposition party, CPN-UML, has said that it will make its position on the MCC grant agreement clear if the government creates an environment for the UML to take part in the parliamentary process.

KATHMANDU, Feb 20: In a pointed yet restrained statement to the comments and counter comments made recently by China and the US on MCC grant agreement, Ministry of Foreign Affairs (MoFA) on Sunday clarified hat any decision to accept development assistance is taken by Nepal on the basis of its national interests and priority.

KATHMANDU, Feb 18: China has accused US of employing 'coercive diplomacy" against Nepal on MCC grant agreement that awaits parliamentary ratification for its implementation.