Peace treaty: Businessmen expect economic revolution

Kathmandu, November 21:

Signing of Comprehensive Peace Treaty has triggered hope among the captains of industry.

“Now is the time to tap comparative advantage. The authorities concerned should strike consensus on economic policy too,” said noted businessman Bijay Dugar.

Equally expectant was Prasiddha Pandey, President, Nepal-USA Chamber of Commerce and Industry. “This is the first time we are seeing those on the left sharing views with those in the centre. Hope this bears fruit,” Pandey said.

The deal has been hailed by others as well. “It is historic. Here is a message to the world that the worst for Nepal is over. Both Prachanda and Prime Minister Girija Prasad Koirala should be recommended for joint Nobel peace prize,” said Hotel Association Nepal President, Prakash Shre-stha. Badri Prasad Ojha, the management coordinator of the Federation of Nepalese Chamber of Commerce and Industries, said the peace deal was a big political achievement, which needed economic support to sustain it.

“We must accelerate reformation, boost employment and promote export of Nepali goods in the changed context,” he said, adding that the donors should also compensate the revenue loss, which was caused by the conflict in the past.

With peace here to stay, voices to the effect that the next revolution should be an economic revolution suggest how eagerly the business world was waiting for the turn of tide.