March 19: Minister for Industry, Commerce and Supplies, Damodar Bhandari, on Tuesday held discussions with the private sector representatives regarding the upcoming Nepal Investment Summit.
In an informal discussion with the representatives of the Federation of Nepalese Chambers of Commerce and Industry and Confederation of Nepalese Industries, Minister Bhandari discussed about making laws to create a conducive environment for investors. The investment summit is scheduled for April 28-29.
The government is receiving suggestions from the private sector for drafting investment-friendly laws with the objective to attract foreign investment in the country, and for making the summit effective.
During the meeting, CNI Director General Gokarna Awasthi urged the government to table the drafts of 10 acts and two regulations in its original form without amendments.
Similarly, Minister Bhandari responded positively to facilitate from the side of the ministry regarding drafting new investment-friendly laws by incorporating the feedback of the private sector.
Present in the meeting were, FNCCI’s former chair Chandiraj Dhakal, senior vice chair Anjan Shrestha, vice chair Hemraj Dhakal, CNI President Rajesh Agrawal, vice chair Birendra Pandey among others. -- RSS