Nepal took a risk on a $500 million US grant. It may now regret it.

  • Posted on February 19, 2025
  • By Business News Today
  • 9 Views
Nepal took a risk on a $500 million US grant. It may now regret it.

Nepal accepted a $500 million grant from the U.S. to expand its infrastructure, despite facing pressure from China. However, with the Trump administration's freeze on foreign aid, the project's future is uncertain. Nepali leaders fear repercussions and regret their decision, highlighting geopolitical tensions between the U.S. and China over influence in the region.
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