Come up with package to boost exports: Dr Mahat

Kathmandu, March 26:

Finance Minister Dr Ram Sharan Mahat — today inaugurating the 42nd annual general meeting (AGM) of Federation of Nepalese Chambers of Commerce and Industry — urged the private sector to come up with package programme to boost exports and urged labour unions to stop labour unrest for industrial revival.

He sought a concrete plan from the private sector for export promotion. “Private sector should come up with a concrete plan and package to boost exports,” he said adding that except exports all other macro-economic indicators are good.

“We have comparative advantages and opportunities, though they could not be fully exploited in the transition phase,” he said. “However, the successful Constituent Assembly (CA) election can guarantee investment-friendly environment making it possible for the optimum exploitation of opportunities.”

“Peace should be our priority. If there is no peace, the capital will naturally fly as capital knows no borders,” he said urging to stop the culture of bandh and end labour unrest for the industrial revival. “With the involvement of International Labour Organisation (ILO),

the government will organise a tripartite dialogue between the labour unions, private sector and the government after the CA poll,” Mahat said, adding that industrial revival can not only benefit the industrialists but will also generate employment and contribute to the national coffer.

“Private sector contributes about 72 per cent of the total revenue,” said Chandi Raj Dhakal, incumbent president of the umbrella organisation of Nepali private sector, welcoming the participants. He said the government should create an environment where the natural resources at the remotest areas can also be exploited. “Private sector is committed to the national building as without its participation a country cannot develop,” he added.

Diwakar Golchha, first vice-president of the FNCCI said that the government should promote Public-Private-Partnership model. Though Prime Minister was scheduled to inaugurate the AGM, he could not make it due to his health. Mohan Gopal Khetan, Hulash Chandra Golchha, Gopal Rajbhandari and Raj Bahadur Chi-palu were honoured posthumously by the FNCCI during the programme.