13th Annual General Meeting concluded

More Incentives need for Export Business

The Nepalese export trade entrepreneurs urged the government to offer more incentives for promoting the country’s export business. They said that the export business has been declining day by day in the deficiency of necessary infrastructures, support and business friendly environment.
http://nepalexport.org.np/images/news14.jpg"The import is increased by almost eight times compared to the import in the last eight months. But the export, which had increased by 22.3 per cent in the previous year, has been declined by 21.1 per cent fiscal year," Naresh Das, President of the Export Council of Nepal (ECON), said.
Speaking at the 13th annual general meeting of the ECON, President Das said that the export trade was on the verge of collapse due to the deteriorating business environment in the country.
He further asked the government to create a suitable environment for business by extending necessary support and facilitation.
http://nepalexport.org.np/images/news14_1.jpgVice-president Parmananda Jha had inaugurated the program. Speaking at the program he suggested the entrepreneurs to promote the international market for rural handcraft product for the upliftment of poor. He also highlighted the need to think over about the long-term goal of business rather than short-term benefit in order to compete with international exporters.
Shatrudhn Prasad Singh, State Minister of Tourism and Civil Aviation, also expressed his views at the program. He suggested entrepreneurs to work for the national benefit rather than an individual.
http://nepalexport.org.np/images/news14_2.jpgSurendra Bir Malakar, President of Nepal Chamber of Commerce (NCC), said that the country was passing through a serious and challenging situation at the moment and called the government and political parties to work toward safeguarding it.
General Secretary of ECON Hari Bahadur Karki urged the government to create business friendly environment in the nation. He expressed dissatisfaction over the flaccidness of concerned authorities to expedite the export which needs to narrow down the foreign trade deficit of Nepal.
Bikash Ratna Dhakwa, President of the Federation of the Handicraft Association of Nepal (FHAN), informed that the private sector was about to establish a handicraft emporium at Thamel.http://nepalexport.org.np/images/news14_3.jpg
"We are working on establishing a handicraft emporium at Thamel. This will help display Nepalese handicraft products," he said.
On the occasion ECON gave away the Letter of Appreciation to the top five exporters for their invaluable contribution in promoting the trade in foreign markets. Likewise, Letter of Appreciation was conferred to the business partners of ECON. Those partners were DHL Express Nepal Pvt.Ltd., Bank of Kathmandu, Everest Insurance Company Limited, Hotel Marshyangdi and Federation of Handicraft Association of Nepal.