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Nepal urges to give tax relief to export sector

April 19, 2009 00:00:00


KATHMANDU, Apr 18 (Xinhua): Secretary at the Ministry of Commerce and Supplies Purushottam Ojha has proposed giving tax exemption to boost Nepal's export and increase the sector's competitive advantage, local media reported today.
According to Saturday's The Himalayan Times daily, presenting a paper during the National Development Forum consultation meeting here on Friday, Ojha also stressed on establishment of export- oriented policies for a prosperous Nepal. "We have to focus on two aspects-import substitution and export promotion-to end hunger, deprivation and poverty."
On the occasion, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) president Kush Kumar Joshi requested the government to provide security to entrepreneurs and create a business friendly environment.
"The private alone cannot be blamed. How can we contribute more in times of energy crisis, insecurity and instability?" he said.

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