CNI Chronicle 2020

Page 69

Talking Business, Talking Change

LOBBYING AND ENGAGEMENT Meeting with the Minister for Industry, Commerce and Supplies at CNI

1st December, 2019

I

provision of cash incentives on export, only

ndustry, Commerce and Supplies

to the limited items, this incentive needs to

Minister, Lekhraj Bhatta said the Ministry

be arranged based on the value addition for

is ready to cooperate as the guardian to

all the exports from Nepal. Similarly, deemed

solve the problems in the business industry.

export facility should be provided to the

Interacting with industrialists at CNI,

domestic industries to ensure their capacity

Minister Bhatta expressed his commitment

and quality of product, expressed President

to work with the private sectors to increase

More.

their contribution in manufacturing sector and domestic production. The Ministry would

Likewise, he urged the Minister not to

also cooperate to prioritize and diversify

overrule the facilities and incentives provided

goods in export. Likewise, the process of

to the industries by the Industrial Enterprise

facilitating the registration process of the

Act and any other Acts by the Fiscal Budget

company has already begun, said Bhatta.

and Annual Economic Act. In the context of

Welcoming the Minister, CNI President Satish

diversification of exports, the Nepal Trade

Kumar More said that during the tenure of

Integrated Strategy, designed to promote

the Minister Bhatta, he would provide his full

the export, needs to be reviewed to include

support on the behalf of the industrialists.

additional exportable goods on the basis of comparative advantage. Immediate Past

President More called for more promotional

President of CNI, Mr. Hari Bhakta Sharma

policies and programs to maintain the

suggested that the laws should be improved

enthusiasm in the export. As there is the

to make them industry-friendly, the quality

CNI CHRonicle 2019-20

69


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