Chamber of Commerce President Stresses Need for Unanimous Election of Next Leadership

Kathmandu. Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), emphasized the need for the upcoming leadership of the Federation to be elected unanimously.

Speaking at an event organized in Lalitpur on Wednesday on the occasion of the 59th anniversary of the Lalitpur Chamber of Commerce and Industry, President Dhakal stated that electing the leadership through consensus and cooperation within the Federation would form the basis of institutional unity. He opined that since it is a common organization of the private sector, the Federation would become stronger and more effective if its leadership is also chosen by common consensus.

President Dhakal stressed the need to develop Lalitpur as a city of indigenous products while maintaining the quality of local production and increasing output.

“There is a huge potential to increase exports by promoting the traditional skills, arts, and local products here. However, to connect indigenous products with the international market, it is necessary to increase both quality and quantity,” he said.

He emphasized the need to boost exports through increased investment in the manufacturing sector, the use of technology, and market expansion. Furthermore, he expressed the view that the chain from production to market should be strengthened by coordinating between local levels, the private sector, and the government.

He also praised the role played by the Lalitpur Chamber of Industry in developing entrepreneurship, creating employment, and overall economic development.

President Dhakal mentioned that policy reforms are essential for creating an industrial environment in the country, stating the need for investment-friendly policies, a simple tax system, infrastructure development, and a reduction in administrative hassles.

He stressed that the state must listen seriously to the voice of the private sector and ensure its effective participation in the policy-making process, adding that for this, the private sector must have a single voice.

President Dhakal informed that the Federation's statute has been amended to incorporate demands and suggestions raised from the district and municipal levels, expressing confidence that this will make the organization more inclusive, representative, and robust. He stated that the amended statute would increase the representation of district, municipal, and women entrepreneurs.