Kathmandu, April 16:

During the ice-breaking session between the Maoists and private sector today — after the landslide victory in the CA elections —Maoists supremo Prachanda laid stress on economic revolution.

“Within 10 years, let us work magic for economic revolution and mesmerise the whole world,” he said, requesting the private sector to join hands with them for economic revolution. “For the time being, we have transitional economic policy,” the Maoists leader said, adding that they will protect national industrial capitalism.

Dr Baburam Bhattarai, Maoists second-in-command, also assured the business community of political stability.

Already plagued by the myriad of problems like labour dispute, increasing load-shedding, security and capital flight, the private sector wanted assurance from the Maoists top brass that their investment will be secure. According to the poll results declared till today, the Maoists are comfortably in the majority and are going to form the government.

“Private sector is ready to cooperate with the new government provided security of their business and investment,” Kush Kumar Joshi, president of FNCCI, said, adding that apart from labour law reform, industrial security force is key to industrial security, at present.

In line with their election manifesto, the leaders emphasised on liberal trade policies with priority to the development of agriculture, hydropower and tourism.

“Generation of 10,000 MW electricity within ten years is on our agenda,” they said.

Maoist chief Prachanda assuring the business fraternity also emphasised that his party would work in cooperation with other parties, develop good relations with the international community and focus on fast-paced economic development.