Kathmandu, October 13:

Entrepreneurs today stressed on peace and role of Non-Resident Nepalis (NRNs) for a developed and prosperous Nepal. They informed that the third NRN global conference going to be held in Kathmandu on October 15-17 is focusing on its role in the process of development in Nepal.

“We should work towards developed and prosperous Nepal,” said Upendra Mahato, president of the NRN-International Coordination Council adding that NRNs envision a Nepal that is rich in its century-old culture, heritage and civilisation. “Any type of system that doesnot make its people prosperous will ultimately fail,” he said.

Nepal can catapult into a prosperous country within 10-years provided the government take decision on time. “Time is valuable and the decision not taken on time might not bring desired result,” said the president of the organisation that claims to have invested around $300 million in Nepal till date.

NRNs have also promised to help Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in its programmes. “NRNs have always helped Nepal,” said Chandi Raj Dhakal, president of FNCCI adding that despite political instability Nepali private sector and NRNs have done a lot. “But creating a condusive investment environment is government’s responsibility,” he added.

And Surendra Bir Malakar, president of Nepal Chambers of Commerce (NCC) agreed, “Political stability is a key to economic growth. The recent Tarai instability has an adverse effect in the national economy as most of the industries are based in Tarai.”

“Despite political instability, NRNs are thinking on how to contribute to Nep-al,” said Rajendra Shrestha, a NRN based in US. Similarly, Bhim Udas, international co-ordinator, NRN stressed on the need to take advant-age from two rising econo-mic powers, China and India. “Its time we take advantage from our neighbours.”