Chamber of Commerce President Stresses Consensus and Business Security for Private Sector Growth

Kathmandu. Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), stated that consensus-based leadership and business security are essential for the prosperity and growth of the private sector. Addressing the nomination announcement assembly for the executive committee members from the commodity sector under the FNCCI's 60th General Assembly, he emphasized choosing the path of consensus as much as possible in the upcoming leadership selection.

Recalling his own unanimous election to various positions in the past, he informed that a wave of consensus has already begun in the provinces. Dhakal presented the 'Private Sector Protection and Promotion Plan' as the main achievement of his tenure. He mentioned that the first cabinet meeting of the current government has already decided to implement this strategic plan.

Advising the election candidates, he urged them to seek votes by presenting their agendas and capabilities rather than criticizing others. Expressing his belief that effort yields results automatically, he stated that reaching leadership requires honest effort and pure intention.

Dhakal mentioned that despite not having a large business legacy, he succeeded in reaching the leadership of the Federation through hard work and honesty. He highlighted that the private sector is not just a profit-making group but a main pillar that creates over 86 percent of employment and contributes up to 81 percent to the country's Gross Domestic Product (GDP).

He emphasized that commercial establishments, like educational institutions, should be viewed as secure zones and that the state's perspective needs to change. President Dhakal urged an end to factionalism within the Federation and called for unity among all office bearers and members.

He argued that unanimous leadership is yet to be declared in one province, and such a positive message should reach the center. He committed that the Federation would always remain ready to advocate for the problems of the private sector and expand business activities in the days to come.