Thursday, April 17, 2014 03:40 AM

Pvt sector flays CPN-M decision

KATHMANDU, SEP 28 -

Two private sector bodies—the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Chamber of Commerce (NCC)—on Thursday said their serious attention has been drawn on reports that the CPN-Maoist has decided to prevent the movement of vehicles bearing Indian number plates in Nepal from Thursday.

FNCCI warned that any such move could shortage of daily essential commodities and fuel price rise. It is unfortunate if the party’s decision is institutional, FNCCI said in a statement on Thursday.

Stating that Nepal and India hold strong economic, social and cultural ties, the apex private sector body said such an unlawful and irrational decision would put the Nepal-India relation in jeopardy.

Nepal’s trade with India currently stands at 65 percent of the total trade. Besides, Nepal is totally dependent on India in some of the major commodities like petroleum and industrial raw materials. Around 400 cargo trucks enter Nepal through Birgunj daily.

“We (the private sector) appeal to the party to be serious and responsible on the issue and rollback the decision immediately considering the historical bilateral relationship between the two countries,” the statement read. On Thursday, Kakarbhitta—the eastern border point—did not see a single Indian vehicle enter Nepal. In Nepalgunj, over 500 vehicles bearing Indian number plates were barred by the CPN-Maoist -aligned student union.

In a separate statement, NCC said such an act could promptly affect the import of daily essential commodities from India ahead of the crucial Dashain festival.

Posted on: 2012-09-28 08:17


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