A joint delegation of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Confederation of Nepalese Industries (CNI) and Nepal Chamber of Commerce (NCC) on Monday apprised Prime Minister KP Sharma Oli of the hardships that industries and business houses have been facing due to Tarai unrest and border obstructions for the past four months. “The government should immediately create conducive environment so that traders can bring goods stuck at dry ports and different entry points. The Dharan-Udaypur-Sindhuli highway can be the best alternative to import goods from India,” the delegation told Oli.
The delegation also urged Oli to immediately implement suggestions given by the private sector to revive domestic industries which are on verge of collapse. “Implementation of our suggestions can save domestic industries,” Hari Bhakta Sharma, senior vice president of CNI told Republica, adding, “PM Oli has assured us that he would do the needful to help industries in this critical phase.”
Stating that private sector cannot pay huge detention and demurrage charges on goods worth billions of rupees that have remained stuck on the other side of the border, the delegation urged Oli to take initiative for waving such charges.
The delegation also requested the government to lower interest rates on bank loans for the time being, saying that loan servicing capacity of industries and business houses have been affected due to the blockade.
The private sector bodies also suggested that the government resolve Tarai unrest and border obstructions by holding dialogues at the political level.
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