AGM of Nepalgunj chamber of commerce opens

June 23, 2001
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NEPALGUNJ, June 23(RSS) – First Vice-President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Rabibhakta Shrestha, today inaugurated the 10th Annual General Meeting of Nepalgunj Chamber of Commerce and Industry.

In his inaugural address, Shrestha said that in view of the growing sense of insecurity among the domestic as well as foreign investors, His Majesty’s Government should devote serious attention to the security of industrial and trading houses and their owners.

FNCCI has emphasized the need for an all-party meeting in the face of the national crisis plaguing the country at present, he said, adding that the FNCCI will itself take the onus if no one is ready to take the initiative in this regard.

Third vice-president of the FNCCI Binod Bahadur Shrestha cautioned the country’s economic front will plunge into a grave crisis if the government as well as the political parties are not serious enough to ensure a secure future for the country’s trade and industry sector.

Banke DDC chairman Om Prakash Jung Rana pointed out the need for joint investment from the private sector as well as the public sector in sectors such as health and drinking water.

CDO Bal Krishna Prasai called upon the industrialists and traders to pinpoint as to what inconveniences they were facing and which particular policy and regulation is responsible for it.

Bheri zone representative at FNCCI Kumud Kumar Dugar said though Nepal is called an agrarian country, it is far from being so in the real sense of the term mainly due to confusion in government’s policy, diminishing productivity and poor farm management.

Chairman of Nepalgunj Chamber of Commerce and Industry Achyut Prasad Prasai requested all parties concerned to not call general strikes and market closure frequently as it would damage the already tottering national economy.

FNCCI Mahakali zonal representative Madhav Kumar Bhatta, president of Kanchanpur Chamber of Commerce and Industry Hem Bikram Thapa, president of Bardiya Chamber of Commerce and Industry Ram Kumar Baishya, CPN-UML representative Govinda Bandi, members of Nepalgunj Chamber of Commerce and Industry Diwakar Khanal and Padma Bhattarai and senior superintendent of police Hem Bahadur Gurung also expressed their views at the Annual General Meeting.

Secretary of Nepalgunj Chamber of Commerce and Industry Satish Chandra Agrawal presented the annual report of the chamber.

Chief guest at the function and first vice-president of the FNCCI Rabi Bhakta Shrestha gave away letter of appreciation to the three local leading export industries trading through the Nepalgunj customs.

Among the recipients of the appreciation letters, the K.L. Dugar Group, which stood first in terms of the volume of its exports, exported foodgrain worth Rs 141,829,017 from Nepalgunj customs in the last fiscal year.

Similarly, the Puja Dal Mill, which stood second in terms of its volume of exports, exported lentils worth Rs 86,784,080 from Nepalgunj customs during the last fiscal year.

Likewise, Laxmi Rosin and Turpentine Industries Pvt. Ltd., which stood third in terms of its volume of exports, exported worth Rs 86,188,950 from Nepalgunj customs in the last fiscal year, according to the Nepalgunj Chamber of Commerce and Industry.