Home Business PM Oli hails US decision providing customs waiver to Nepali products

PM Oli hails US decision providing customs waiver to Nepali products

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PM Oli pays condolence to Rasuwa bus accident victims.
PM Oli pays condolence to Rasuwa bus accident victims.

Kathmandu, Dec 28, 2015: Prime Minister KP Sharma Oli has welcomed the decision taken by the US Government to provide exemption on the customs charge on the export of clothes manufactured in Nepal.

He said this during a joint meeting with the delegations of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the Confederation of Nepalese Industries (CNI) and Nepal Chamber of Commerce (NCC) at his residence in Baluwatar today.

On the occasion, PM Oli urged the industrialists to increase the production of cloth and readymade garments to meet the growing demand for Nepal-manufactured products in the international market.

Giving assurances the government would take special initiatives for opening the industries which are closed due to the agitation in the Tarai for long, he said, “The country’s economy is in bad shape as the industries have remained closed since long. The government will soon bring a special plan for reopening the industries.”

The Prime Minister urged the industry and business sector to lend cooperation to the government to that end.

Calling upon the entrepreneurs to pay attention to the quality and pricing aspects of their products to make them competitive in the global market, PM Oli suggested running industries in such a way that it will integrate the agriculture and industries.

“Agriculture and industry sectors can move in an integrated way if enterprises as cultivating cotton and weaving carpets are done within the country itself. When the raw materials are produced and available in the country, then such industries can sustain for long and the self-sufficiency starts right from this phase,” Pramod Dahal, the Prime Minister’s press advisor, quoted PM Oli as saying.

FNCCI president Pashupati Murarka, CNI chairman Narendra Basnet, NCC president Rajesh Kaji Shrestha and FNCCI former president Suraj Baidya, among others were present n the meeting.

They demanded to the Prime Minister to create a environment conducive for operation of industries and businesses arguing that the closure of industries for long has dwelt a blow to the industry and business sector. The delegations also called for operating an alternative road by reconstructing the Dharan-Udayapur-Sindhuli road, according to Dahal. RSS

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