Nepal-India Chamber of Commerce & Industry (NICCI) suggests Finance Minister to form Foreign Investor Council
PRESS RELEASE
NICCI suggests Finance Minister to form Foreign Investor Council
KATHMANDU: Nepal-India Chamber of Commerce & Industry (NICCI) today suggested Finance Minister Rameshwor Khanal to form a Foreign Investor Council.
During the courtesy call of NICCI President Sunil KC with Finance Minister Rameshwor Khanal at the latter’s office today, KC suggested to form the council to facilitate foreign investors, appraised with issues faced by the Indian multinationals in Nepal including General Sales Tax (GST) and control of unauthorized trade.
The recent review of GST by Indian government is expected to result into widening price arbitrage (raising grey-channel risk) and improved affordability for impacted formal imports – as price ladder’s shift downwards along with India MRP revisions.
India’s 56th GST Council has approved broad rate changes effective from September 22 this year. This re-bases India MRPs across several Fast-Moving Consumer Goods (FMCG) lines.
KC also highlighted the rise of illegal trade that is bleeding the government coffer.
Responding KC, Finance Minister Khanal said that the ministry will take up the idea of Foreign Investor Council under the Ministry to facilitate the foreign investor. Nepal needs foreign investment to not only create jobs in the country but also to boost the export and expand economy.
नेपाल–भारतउद्योगवाणिज्यसंघ (निक्की) द्धारा ‘विदेशीलगानीकर्तापरिषद्’ गठनगर्नसुझाव
काठमाडौँःनेपाल–भारतउद्योगवाणिज्यसंघ (निक्की)लेआजअर्थमन्त्रीरामेश्वरखनाललाई “ विदेशीलगानीकर्तापरिषद् “गठनगर्नसुझावदिएकोछ।
निक्कीकाअध्यक्षसुनिलकेसीलेआजअर्थमन्त्रीखनालसँगउनकोकार्यकक्षमाशिष्टाचारभेटवार्तागर्दैनेपालमारहेकाभारतीयलगायतसबैबहुराष्ट्रियकम्पनीहरूलेभोगिरहेकासमस्यातथाजटिलताएवंअनधिकृतव्यापारनियन्त्रणकाविषयमाजानकारीगराउँदैलगानीकर्ताहरूलाईनेपालमासहजीकरणगर्नेउद्देश्यलेविदेशीलगानीकर्तापरिषद्परिषद्गठनगर्नसुझावदिएकाहुन् ।
हालैभारतीयसरकारलेगरेकोजीएसटीपुनरावलोकनलेनेपालतथाभारतबिचएउटैवस्तुमामूल्यअन्तरअझफराकिलोपार्नेतथाअनधिकृतब्यापारबढ्नेजोखिमदेखिएकोछ।किनकिजीएसटीकादरमापरिवर्तनलेभारतकोअधिकतमखुद्रामूल्यपरिमार्जनभएसँगैकेहीवस्तुहरूकोनेपालमाऔपचारिकआयातसस्तोहुनेअपेक्षागरिएकोछ।
भारतको५६औँर्जीसटीपरिषद्लेगतसेप्टेम्बर२२देखिलागूहुनेगरीविभिन्नउपभोग्यवस्तुहरूमाकरकादरमापरिवर्तनगरेकोछ, जसकाकारणभारतकाबजारमूल्यहरूमानयाँआधारतयभएकोछ।
केसीलेनेपालमाबढ्दोअनधिकृतब्यापारलेसरकारीराजस्वमाठूलोह्रासल्याएकोविषयपनिउठाएकाथिए।
उनकोसुझावप्रतिसकारात्मकप्रतिक्रियाजनाउँदैअर्थमन्त्रीखनाललेलगानीकर्ताकोसहजतारसहयोगकालागिमन्त्रालयले ‘विदेशीलगानीकर्तापरिषद्’ गठनगर्नेविचारअघिबढाउनेबताए।
“नेपाललाईरोजगारीसिर्जनामात्रहोइन, निर्यातप्रवद्र्धनरअर्थतन्त्रविस्तारकालागिपनिविदेशीलगानीआवश्यकछ,” उनलेभने।
