KATHMANDU, March 22: The Nepal Chamber of Commerce (NCC) has urged Minister for Industry, Commerce and Supplies, Damodar Bhandari to establish export houses in all seven provinces to promote local products.
A team headed by NCC President Rajendra Malla on Friday met with Minister Bhandari and urged him to open export houses in all seven provinces to promote export of the local products through a one-door system.
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The NCC also asked Minister Bhandari to make policy-level arrangements to utilize remittance in the productive sector.
The NCC also demanded an enabling investment climate for economic expansion in the context that around 90 per cent of remittance is being used in the non-productive sector.
The chamber urged the minister to play a role to pass the economic bill immediately taking into consideration the pivotal role of the private sector. The economic bill is under consideration in the parliament.
On the occasion, President Malla said, "It is necessary to resolve the problems immediately as some of the acts and regulations are creating obstacles for foreign investment when the government is making preparations for the international investment summit next month".
