INDIA - NEPAL Friendship, Dispute and Solution | Piyush Rai | The QuestionHour Bharat
Channel: The QuestionHour Bharat
Date: 2020-05-25

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ECONOMIC TIMES : New Delhi: After snubbing India, Nepal is under pressure from Beijing to reject an American grant for an infrastructure project—a step that would strain its ties with Washington.
A Millennium Challenge Corporation (MCC) grant from the US, agreed upon in 2017, has widened the split in the ruling Nepal Communist Party (NCP) and China is reportedly playing spoilsport, ET has learnt.
The US committed to $500 m against a $130 m contribution from Nepal for a power transmission line and the upgrade of 300 km of roads in Nepal. The NCP government, led by PM KP Sharma Oli, is divided over a US promise of aid since it risks damaging ties with China, informed sources told ET from Kathmandu.
The opponents of the MCC grant argue that the US is part of a US Indo-Pacific Strategy to limit Chinese influence in the region. They say accepting the MCC would undermine Nepalese sovereignty by drawing the country into Washington’s orbit and upset China.
“Once a close ally of India, Oli is currently interested in consolidating his power and therefore adopting tougher postures against India. This is typical of a section of ruling elite of Nepal that wants to benefit at the cost of the citizens,” quipped a Nepal watcher, speaking on the condition of anonymity.
The US-Nepal arrangement needs Parliamentary approval by June 30. But the Nepali Parliament is yet to endorse it owing to the differences in the ruling NCP. Senior party leaders Pushpa Kamal Dahal, aka Prachanda, JN Khanal, Madhav Kumar Nepal and Bhim Rawal are opposed to the US grant.
Finance Minister Yubaraj Khatiwada faced considerable heat from within his own party after he incorporated the MCC grant in the new budget before its parliamentary endorsement. Responding to criticism, Khatiwada had recently said “If we cancel the contract, it will affect our ties with America, as well as the larger international aid to Nepal.”
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