Kathmandu. KATHMANDU: Prime Minister Balendra Shah held discussions with representatives of the private sector on the issues related to industry, business, investment, environment and economic reforms.

During the meeting held at the Office of the Prime Minister and Council of Ministers today, Prime Minister Shah discussed in detail the issues concerning making the country’s economic activities dynamic and strong, making the operation of industry and business easier, creating investment-friendly environment, removing policy-level and procedural hurdles, boosting the morale of the private sector, creating employment and increasing production.

On the occasion, the Prime Minister said the private sector was an important partner of the government in the country’s economic development, investment expansion, job creation and production growth.

He also pledged to prioritise policy, legal and administrative reforms required to create environment conducive to industry and private sector.

During the discussions, the representatives of the private sector presented suggestions on the need of regular and result-oriented dialogue between the government and the private sector, including promotion of industry, investment expansion, policy stability, ease of service delivery and the need of regular and result-oriented dialogue between the government and the private sector.

On the occasion, Prime Minister Shah said the suggestions received would be taken seriously and necessary facilitation and reforms would be forwarded through the bodies concerned. He made it clear that the government would move ahead collaborating with the private sector in the campaign of economic reforms.

The meeting was attended by President of Federation of Nepalese Chambers of Commerce and Industry Anjan Shrestha, President of Industry Committee Ujjwal Kumar Shrestha, immediate past President of Confederation of Nepalese Industries Rajesh Kumar Agrawal, Director General of Confederation of Nepalese Industries (CNI) Rajesh Kumar Agrawal and Director General of Nepal Chamber of Commerce (NCC) Kamlesh Kumar Agrawal and Senior Vice President Deepak Malhotra.

It is believed that the high-level talks held with the chiefs and office-bearers of the representative organizations of industrialists and businessmen of the private sector would help in the promotion of domestic industries, improve the environment for investment, and in the formulation of private sector-friendly policies as well as collaboration between the government and the private sector.