Beijing Accuses Washington of Wielding ‘Coercive Diplomacy’ as Protests Rattle Nepal Over US ‘Gift’

Feb 23, 2022 | EARNINGS

A US government-backed aid agency, the Millennium Challenge Corporation (MCC), signed a $500 million grant assistance compact in 2017 with Nepal. However, detractors say the funds come with conditions that undermine Nepal’s sovereignty.

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