Business Support Agencies in Nepal

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Short Questions
1.
What do you mean Nepal Chamber Of Commerce?
Nepal Chamber of Commerce established in 1952 AD is the common organization of
trading business persons and organizations located in Nepal. NCC is the first
recognized organization of businessmen. It has been playing a significant role in
formulation of industrial policy, commercial policy and fiscal policies for the promotion of
trade and commerce in Nepal. NCC has relation with international organizations such
as WTO, Bangkok and so on. Since its establishment NCC has been actively involved
in conducting trading and development programs in the country for the welfare of trade
and commerce.

2.
Explain the formation of Nepal Chamber of Commerce.
Membership: Each and every individuals and organization engaged in trade and
commerce and other related work are eligible to be a member of NCC. It gives the
following types of membership:
Life member
Ordinary member
Affiliated member
Honorary member
Executive Committee: The executive committee of NCC comprises of 36 members out
of whom 29 are elected by the general assembly, 4 are nominated from the associated
member, 1 from general members and rest 1 is nominated by the president of NCC.
General Meeting:The general meeting of NCC is held on an annual basis where
resolutions are discussed and passed. Likewise, in the general meeting annual
progress report and audit report are presented for necessary comments and approval.
Committee Associated with NCC:The following committees are convened by the
president of NCC on the basis of the requirement of the business community:
Advisory committee
Consultative committee
Nepal chamber foundation
Publication committee

3.
Mention the major functions of Nepal Chamber of Commerce.
The primary objective of NCC is to ensure development of trade and commerce in the
country. To attain these objectives NCC performs the following functions:
Maintain relationship with business community: An important function of NCC is to
maintain good and smooth relationship among the business communities of Nepal. It
should co-operate with all the business communities and should function as an
arbitrator to settle any disputes between the communities.
Maintain links with international business communities:NCC should be able to
develop and maintain a link between the national and international business
communities. The NCC maintains link with chamber of commerce and business
communities of various countries.
Organize trade and industrial fairs: NCC organizes and participates in trade and
industrial fairs at national and international level. It facilitates Nepalese business
community to participate in such fairs and assists in promoting local business activities.
Establish academic institutions:It establishes and encourages establishing academic
institutions related to trade and commerce. Plus, it also conducts trainings, seminars
and workshops to provide technical assistance in national and international level.
Issue certificate of origin: Another important function of NCC is to issue certificate of
origin to the Nepalese products. With the aid of this certificate Nepalese products get
some exemption in tax and custom duty in foreign countries.
Conduct social welfare activities: NCC is actively indulged in charitable activities. It
provides financial and technical support to the institutions involved in serving the
society. For instance, it has provided free ambulance and corpse service in Kathmandu
valley.

4.
What do you mean by Federation of Nepal Chamber of Commerce and Industries?
FNCCI or Federation of Nepal Chamber of Commerce and Industries is the umbrella
organization of Nepalese private sector that was established in 1965 AD. It was created
with the objective of promoting business and industries whilst protecting rights and
interests of business and industrial communities. It organizes training, workshops in the
national and international level. It also provides informative consultative, advisory and
similar other services to the business communities and government too. From the day
of its creation FNCCI has been playing a pivotal role in promotion of trade and
commerce in the country.

5.
Explain the formation of Federation of Nepal Chamber of Commerce and Industries.
Membership: The FNCCI membership comprises of:
92 district and municipality chambers in 75 districts of Nepal
68 commodity and sectoral associations
321 leading public and private sector undertakings
CouncilsThere are 3 councils namely: district council, commodity council and
employer’s council.
Membership Committee:The membership committee filters the application for
memberships and submits recommendation to the Executive for decision to grant the
membership of FNCCI.
General Assembly And Executive Committee:The general assembly is the highest
policy making body of FNCCI. The activities and functions of FNCCI are planned and
managed by the Executive committee consisting 74 members including President and 5
nominated members who have tenure of 3 years.
The executive committee of FNCII is composed of:
1 president
1 immediate vice president
1 senior vice president
3 vice presidents
Secretariat:The FNCCI has a professional secretariat with business library, training unit
and human resources development centre for effective day-to-day operation of FNCCI.

6.
Mention the major functions of Federation of Nepal Chamber of Commerce and
Industries.
Represents business communities: It represents the Nepalese business community
at both national and international level. It is the formal institution that fulfills the interest
of business communities to keep the voice of the business community in various
essential places.
Provides expertise service: FNCCI provides expertise service to the business
community. It provides informations regarding areas, scopes, facilities and difficulties in
business sector of Nepal.
Promotes entrepreneurship: Entrepreneurship defines the creation and operation of a
business. FNCCI is actively involved in providing technical, financial and logistic support
to the general people for the development of entrepreneurship.
Promotes joint venture: FNCCI aims to promote joint venture of Nepalese
entrepreneurs or foreign investors to develop Nepalese trade and commerce. It
facilitates introduction of new technology and ideas for investments.
Promotes export: It recommends export of local products and aids to prepare formal
documents essential to exporting goods.
Promoting better industrial relations: FNCCI is always resolving any disputes and
conflicts between the business communities of Nepal. This helps to promote and
maintain a healthy industrial relation.
Helps strengthen economy of the nation: FNCCI aids in promoting trade and export
in the country. More export means more foreign currency for the country. This
strengthens the economy of the country. Likewise, it launches activities for the
promotion of trade and commerce, which helps to industrialize and commercialize the
nation.

7.
What do you mean by Trade and Export promotion centre?
In the year 2006, the government merged three organizations: Trade Promotion Centre,
Export Promotion Board and Wool Development Board to form TEPC (Trade and Export
Promotion Centre). TEPC was established with the main objective of promoting foreign
trade in general and export trade of the country. Since Nepal’s trade deficit was always
on the rise, export development and promotion was considered as the ultimate tool to
reduce the trade deficit. It is working between government of Nepal and exporters to
maintain relation and exchange information with trade related international agencies.
It provides support to the private business sector to promote export oriented production
and distribution of goods and services.

8.
Mention the functions of Trade and Export Promotion Centre.
In general the objective of TEPC is to promote foreign trade and export. For the
fulfillment of this objective the TEPC performs the following functions:
Finding the problem of foreign trade: TEPC is actively involved in finding out the
problems being faced Nepalese businessmen in foreign trade. In accordance to their
findings, they provide suggestions to the government.
Strengthening the national economy: TEPC launches programs by establishing co-
operation among various agencies for increasing the production of exportable goods.
This contributes in strengthening the economy of the country.
Counseling to the government: The government is always in need of informations to
formulate foreign trade plans and policies. TEPC provides appropriate information in
formulating policies and preparing suitable environment in foreign trade.
Support the exporters: TEPC supports the exporters by creating new markets for their
products. It conducts trainings, workshops and seminars to simplify export related
procedures like quality control, transport, insurance and so on.
Attract investment: The programs formulated and implemented by TEPC aims to
attract foreign and domestic investments.
Publishes trade related trade journals: TEPC publishes trade related journals which
provides information of Nepalese business scenario to the businessmen of Nepal and
outside the country.
Co-operate to diversify trade: TEPC co-operates in opening institutions to promote
export and diversify trade. It provides technical support to those organizations which
want to diversify their product and service with the purpose of exporting them to foreign
countries.
Long Questions
1.
What do you mean by Nepal Chamber of Commerce? Explain its formation.
Nepal Chamber of Commerce established in 1952 AD is the common organization of
trading business persons and organizations located in Nepal. NCC is the first
recognized organization of businessmen. It has been playing a significant role in
formulation of industrial policy, commercial policy and fiscal policies for the promotion of
trade and commerce in Nepal. NCC has relation with international organizations such
as WTO, Bangkok and so on. Since its establishment NCC has been actively involved
in conducting trading and development programs in the country for the welfare of trade
and commerce.
The formation of NCC is as follows:
Membership:Each and every individuals and organization engaged in trade and
commerce and other related work are eligible to be a member of NCC. It gives the
following types of membership:
Life member
Ordinary member
Affiliated member
Honorary member
Executive Committee:The executive committee of NCC comprises of 36 members out
of which 29 are elected by the general assembly, 4 are nominated from the associated
member, 1 from general members and rest 1 is nominated by the president of NCC.
General Meeting
The general meeting of NCC is held on an annual basis where resolutions are
discussed and passed. Likewise, in the general meeting annual progress report and
audit report are presented for necessary comments and approval.
Committee Associated With NCC:The following committees are convened by the
president of NCC on the basis of the requirement of the business community:
Advisory committee
Consultative committee
Nepal chamber foundation
Publication committee

2.
Introduce Nepal Chamber of Commerce. Explain its major functions.
Nepal Chamber of Commerce established in 1952 AD is the common organization of
trading business persons and organizations located in Nepal. NCC is the first
recognized organization of businessmen. It has been playing a significant role in
formulation of industrial policy, commercial policy and fiscal policies for the promotion of
trade and commerce in Nepal. NCC has relation with international organizations such
as WTO, Bangkok and so on. Since its establishment NCC has been actively involved
in conducting trading and development programs in the country for the welfare of trade
and commerce.
The primary objective of NCC is to ensure development of trade and commerce in the
country. To attain these objectives NCC performs the following functions:
Maintain relationship with business community: An important function of NCC is to
maintain good and smooth relationship among the business communities of Nepal. It
should co-operate with all the business communities and should function as an
arbitrator to settle any disputes between the communities.
Maintain links with international business communities: NCC should be able to
develop and maintain a link between the national and international business
communities. The NCC maintains link with chamber of commerce and business
communities of various countries.
Organize trade and industrial fairs: NCC organizes and participates in trade and
industrial fairs at national and international level. It facilitates Nepalese business
community to participate in such fairs and assists in promoting local business activities.
Establish academic institutions: It establishes and encourages establishing academic
institutions related to trade and commerce. Plus, it also conducts trainings, seminars
and workshops to provide technical assistance in national and international level.
Issue certificate of origin: Another important function of NCC is to issue certificate of
origin to the Nepalese products. With the aid of this certificate Nepalese products get
some exemption in tax and custom duty in foreign countries.
Conduct social welfare activities: NCC is actively indulged in charitable activities. It
provides financial and technical support to the institutions involved in serving the
society. For instance, it has provided free ambulance and corpse service in Kathmandu
valley.

3.
What do you mean by Federation of Nepal Chamber of Commerce and Industries?
Explain its formation.

FNCCI or Federation of Nepal Chamber of Commerce and Industries established in

1965 AD is the umbrella organization of Nepalese private sector. It was created with the
objective of promoting business and industries whilst protecting rights and interests of
business and industrial communities. It organizes training, workshops in the national
and international level. It also provides informative consultative, advisory and similar
other services to the business communities and government too. From the day of its
creation FNCCI has been playing a pivotal role in promotion of trade and commerce in
the country.
The formation of FNCCI is as follows:
Membership: The FNCCI membership comprises of:
92 district and municipality chambers in 75 districts of Nepal
68 commodity and sectoral associations
321 leading public and private sector undertakings
CouncilsThere are 3 councils namely: district council, commodity council and
employer’s council.
Membership Committee:The membership committee filters the application for
memberships and submits recommendation to the Executive for decision to grant the
membership of FNCCI.
General Assembly And Executive Committee:The general assembly is the highest
policy making body of FNCCI. The activities and functions of FNCCI are planned and
managed by the Executive committee consisting 74 members including President and 5
nominated members who have tenure of 3 years.
The executive committee of FNCII is composed of:
1 president
1 immediate vice president
1 senior vice president
3 vice presidents
Secretariat:The FNCCI has a professional secretariat with business library, training unit
and human resources development centre for effective day-to-day operation of FNCCI.

4.
Introduce federation of Nepal Chamber of Commerce and Industries. Explain its major
functions.
FNCCI or Federation of Nepal Chamber of Commerce and Industries established in
1965 AD is the umbrella organization of Nepalese private sector. It was created with the
objective of promoting business and industries whilst protecting rights and interests of
business and industrial communities. It organizes training, workshops in the national
and international level. It also provides informative consultative, advisory and similar
other services to the business communities and government too. From the day of its
creation FNCCI has been playing a pivotal role in promotion of trade and commerce in
the country.

The major functions of Federation of Nepal Chamber of Commerce and Industries are
explained below:
Represents business communities: It represents the Nepalese business community
at both national and international level. It is the formal institution that fulfills the interest
of business communities to keep the voice of the business community in various
essential places.
Provides expertise service: FNCCI provides expertise service to the business
community. It provides informations regarding areas, scopes, facilities and difficulties in
business sector of Nepal.
Promotes entrepreneurship: Entrepreneurship defines the creation and operation of a
business. FNCCI is actively involved in providing technical, financial and logistic support
to the general people for the development of entrepreneurship.
Promotes joint venture: FNCCI aims to promote joint venture of Nepalese
entrepreneurs or foreign investors to develop Nepalese trade and commerce. It
facilitates introduction of new technology and ideas for investments.
Promotes export: It recommends export of local products and aids to prepare formal
documents essential to exporting goods.
Promoting better industrial relations: FNCCI is always resolving any disputes and
conflicts between the business communities of Nepal. This helps to promote and
maintain a healthy industrial relation.
Helps strengthen economy of the nation: FNCCI aids in promoting trade and export
in the country. More export means more foreign currency for the country. This
strengthens the economy of the country. Likewise, it launches activities for the
promotion of trade and commerce, which helps to industrialize and commercialize the
nation.

5.
What do you mean by Trade and Export Promotion Centre? Explain its major functions.
In the year 2006, the government merged three organizations: Trade Promotion Centre,
Export Promotion Board and Wool Development Board to form TEPC (Trade and Export
Promotion Centre). TEPC was established with the main objective of promoting foreign
trade in general and export trade of the country. Since Nepal’s trade deficit was always
on the rise, export development and promotion was considered as the ultimate tool to
reduce the trade deficit. It is working between government of Nepal and exporters to
maintain relation and exchange information with trade related international agencies.
It provides support to the private business sector to promote export oriented production
and distribution of goods and services. In general the objective of TEPC is to promote
foreign trade and export. For the fulfillment of this objective the TEPC performs the
following functions:
Finding the problem of foreign trade: TEPC is actively involved in finding out the
problems being faced Nepalese businessmen in foreign trade. In accordance to their
findings, they provide suggestions to the government.
Strengthening the national economy: TEPC launches programs by establishing co-
operation among various agencies for increasing the production of exportable goods.
This contributes in strengthening the economy of the country.
Counseling to the government: The government is always in need of informations to
formulate foreign trade plans and policies. TEPC provides appropriate information in
formulating policies and preparing suitable environment in foreign trade.
Support the exporters: TEPC supports the exporters by creating new markets for their
products. It conducts trainings, workshops and seminars to simplify export related
procedures like quality control, transport, insurance and so on.
Attract investment: The programs formulated and implemented by TEPC aims to
attract foreign and domestic investments.
Publishes trade related trade journals: TEPC publishes trade related journals, which
provides information of Nepalese business scenario to the businessmen of Nepal and
outside the country.
Co-operate to diversify trade: TEPC co-operates in opening institutions to promote
export and diversify trade. It provides technical support to those organizations that want
to diversify their product and service with the purpose of exporting them to foreign
countries.
https://www.facebook.com/notes/sundar-lal/business-support-
agencies/10200102992814256/

Business support agencies

December 22, 2014 at 10:19 PM

Introduction of business support agencies

In Nepal, the association of business organizations became created through their unity or mutual harmony,
which is called Nepalese business support agency.
The history of organized business organizations is not so long. After the democratic revolution of 2064 B.S.
in Nepal, many business organizations are established in private sectors. These organizations are investing
their capitals in commercial and industrial sectors. The invested capital in business is risky and also uncertain
economic activity. Only one investor can not play important role in the business world. There is essential to
unity among all the investors to protect and save their right with mutual harmony. Such type of unity will help
their own members for the protection of their right. As a result, the association of business organizations
became created through this unity or mutual harmony, which is called Nepalese business support agency. In
this competitive business world, Nepalese business support agency helps its members. Therefore, today,
private sectors have to succeed for playing the vital role for the development of business activities in Nepal.
Hence, some important business support centers appeared playing the important role for the economic
development in Nepal. They are Federations of Nepalese Chambers of Commerce and Industry (FNCCI),
Nepal Chamber of commerce (NCC) and Trade and Export Promotion Centre (TEPC).
A. Nepal chamber of commerce (NCC)
Introduction

NCC is the first chamber of commerce in Nepal, which is represented on behalf of private sectors in several
government committees.
Nepal chamber of commerce (NCC) is an important private sector business support agency in Nepal. NCC is
established in the year 1952 (2005B.S.) which is the first chamber of commerce in Nepal. At present, it has
more than 1600 ordinary members and more than 8000 registered firms. The corporate office of NCC is
located at Jamal of Kathmandu valley in the capital city of Nepal NCC has been playing remarkable role in the
business promotion and formulation of commercial, industrial and fiscal polices of government of Nepal. The
NCC is represented on behalf of private sector in several government committees. The main committees
represented by the NCC are:
a) Social welfare council.
b) Trade council.
c) Export promotion committee.
d) Central tariff/ revenue consultative committee.
e) Press council.
f) Tax assessment committee.
g) Custom valuation.
h) Cottage and small scale industries development committee.
i) International trade fair and exhibition organizing committee.
j) Water and energy commission.
k) Child labor relief working group.
l) Nepal multi-model transit and trade facilitation project.
m) Banking promotion committee.
n) National development council.
o) Inter unit coordination committee.
p) Business consultative group.
q) High level economic diplomacy committee.
Objectives
The prime objective of NCC is to assist in the development of national economy through the promotion and
protection of commerce and industries both at that private and public sector. The objective can be defined by
the following leading tasks of NCC. The specific objectives are:
a) To foster good relationship and unity among the trading community and industrialists.
b) To develop links with commercial, industrial institutions around the world and to co-operate with each
other for the betterment of national economy
c) To organize trade and industrial fairs to co-operate and facilitate the Nepalese participants in such fairs.
d) To issue certificate of origin for the Nepalese products.
e) To encourage in establishing the academic institutions related to commerce and industry, finance in the
technical management and hold workshop, seminars, trainings research programs.

Formation of NCC

NCC is formed with the representative of ordinary members of business communities and other registered
firms.
NCC, the first chamber of commerce, is formed with the representatives of ordinary members of business
communities and different registered firms. At present, it has more than 1600 ordinary members and more than
8000 registered firms. It is formulated legally and in democratic way in its own principle. For the formation of
NCC, the other detailed information are essential. They are as follows:

1. Membership: Any individual firm, corporation and organization engaged in trade, industry or related
profession is eligible to receive NCC membership. The NCC has introduced and practiced four types of
membership
i) Life member
ii) Ordinary member
iii) Affiliated member
iv) Honorary member
2. General meeting: The general meeting of NCC is held annually to discuss and pass resolution during
which vacant seats of executive committee, if any, are also fulfilled. The progress report and audit report of the
outgoing fiscal year are also submitted to the general meeting for necessary comments and approval.
3. Executive committee: The executive committee is the main body of NCC. The members of executive
committee are the representative business agencies of Nepal. The activities of NCC are planned, programmed
and carried out by the executive committee comprising of 36 members, out of which 29 are elected by the
general assembly. Rest 4 members are nominated from among the affiliated members and 1 from general
members while the another one is nominated by the NCC president. The president, 1st and 2nd vice presidents,
secretary general, treasurer, secretaries and joint treasurer are elected from among the elected members of the
executive committee.
4. Committees organized or formed by NCC president: The following committees are formed by NCC
president on the basis of requirement to the business community:
• Advisory committee
• Consultative committee
• Nepal chamber foundation
• District coordination council
5. Committees at NCC
• Employer's unit committee
• Science, information and technology committee
• Financial and insurance committee
• Environment committee
• SAARC trade committee
• Social services committee
• Industrial committee
• Seminar work shop and trade fair committee
• Publicity and publication committee
• Retail, food and supply committee
• Women entrepreneurship promotion committee
• Revenue committee
• Club and exhibition committee
• Transportation committee
• Nepal-China trade committee
• Export committee
• Import Committee
• WTO committee
• Tourism committee
• International coordination committee
• Agro-business promotion committee
Functions of NCC
The main objective of NCC is to help both to private and public sectors in the economy development of nation
through the promotion and protection of industries and commerce. Therefore, fulfill such objectives the major
functions of NCC are as follows:
1. Maintain relationship with business communities: The main function of NCC is to create good
relationship and maintain unity among the trading communities and industrialists of Nepal. It has to play the
role of facilities to develop fair and competitive business environment. Besides this, it coordinates business
communities if any disputes and conflicts created among them.
2. Trade and industries fairs: Another function of NCC is to organize trade and industrial fairs at national
and international. It has to co-operate to manage healthy and friendly business environment for the Nepalese
communities to participate in such fairs. It also provides technical services to business communities so that
they can participate easily in such trade and industrial fairs.
3. Issue certificate of organization: If the Nepalese businessman is to issue certificate of origin for the
Nepalese products within the legal provisions of NCC act, they (Nepalese products) get some exemption in tax
and custom duty. From this, export trade of Nepal will be increased easily. Hence, the function of NCC helps
to promote export trade by issuing certificate of origins.
4. Seminar and training: The function of NCC is to provide essential information to the businessman
through the academic institutions related to commerce and industry. Besides, it also involves in the technical
management and hold workshops, seminars, training and research programs continually to promote business
activities.
5. Publication function: NCC has to provide chamber magazine chamber news, bulletin and trade directory
with including national and international economic and business activities to promote the industry and
commerce. In this way, this publication function is possible through NCC for promoting industry and trade
within the country as well as to worldwide.
6. Establish academic institutions: Another function of NCC is to be established or encourage in
establishing the academic institution related to commerce and industry. Besides, it has also to play the
important role to encourage other institutions for developing economic activities of a nation similarly; it also
attracts the new enterprises to invest capital for new project related to industry and commerce.
7. Involve in social welfare: Another function of NCC is to involve and bear the social responsibilities. It is
represented in various social welfare organizations. It is helping and supporting to charitable activities. Besides
this, the NCC has been providing free ambulance service in the Katmandu valley.
B. Federation of Nepalese chamber of commerce and industry (FNCCI)
Introduction

FNCCI is the nationally and internationally organized umbrella organization of business in Nepal.
The federation of Nepalese chamber of commerce and industry (FNCCI) is the nationally and internationally
recognized umbrella organization of business in Nepal. It was established in 1965A.D. to promote business
and industry the protect rights and interests of business and industrial communities. The vision of FNCCI is
"leading the nation's economic progress." Its mission is "Facilitating Nepalese Business to be globally
Competitive". Therefore, it is organized as a representative body of business organizations in the country. It
represents the interests of the private sector and involved in promotion of socio-economic development of
Nepal through private sector and invited in promotion of socio-economic development of Nepal through
private sector leading economic growth.
Objectives
The FNCCI objectives are determined by its statute. These includes
a) Promote the economic and social development of Nepal while protecting and defending the rights and
interests of the business persons of the entire country.
b) Make effective and significant contribution to the development of open market economy while
recognizing the changes taking place in the global area.
c) Act as a supreme representative body of the trade and industry of the country while supporting the national
goals of self reliant and independent national economy.
d) Work as a national body of employees protecting their rights and interests while promoting sound
industrial relation in the workplace.
Formation of FNCCI

FNCCI contributes to help national economy as well as private sectors and industrialist.
The Federation of Nepalese chambers of commerce and industry (FNCCI) is formed with the representations
of district and municipality level chambers, commodity and sectoral association and leading public and
private sectors. It contributes to help national economy as well as private investors and industrialists. It is the
organization with legal existence and also has the service motive. It has own "federation of Nepalese chambers
of commerce and industry bye law 2049 B.S." to formulation and regulation. The detailed formation of FNCCI
representatives are as follows:
1. Structure/Membership: Registered as a national representative chamber in pursuant of section 3 of the
national directives Act, 1961 (Rastriya Nirdeshan act in 2018 B.S.) the FNCCI is comprised of:
a) 92 district/ municipality level chambers in 75 districts of Nepal.
b) 76 commodity/Sectoral associations.
c) 439 leading public and private sectors undertaking.
d) 10 Bi-national Chambers of commerce and industry.
2. General assembly and executive committee: The highest policy making body of the FNCCI is its
general assembly which generally meets on an annual basis. The activities and functions of the FNCCI are
planned and managed by the executive committee, which consists of 74 members. The executive committee is
formed in the following way:
a) Elected by the general assembly from ordinary members and associate members 1 President
b) Immediate past president 1 member
c) Elected from various groups 5 vice-presidents
d) Elected from various sectors of commerce and industry association representing each zone as follows:
i) Eastern development region 3 members
ii) Central development region 3 members
iii) Western development region 3 members
iv) Mid-western development region 3 members
v) Far western development region 2 members
vi) Elected by commerce and industry 14 members
vii) Elected by commodity association 12 members
viii) Elected by bi-national 1 member
ix) Elected among associate members 16 members
x) Nominated by president 5 members
xi) Elected by chairpersons of regional commerce and industry association 5 members
The office bearers (president immediate past president vice-presidents) and chairpersons of the committees
form the standing committee which takes care of the urgent issues on behalf of the executive committee.
3. Councils: There are three council viz. District Municipality Council, commodity council and employers'
council within FNCCI looking after the specific interests of the various segments of its members. The
employers' council a permanent organ of the FNCCI acts as the national organization of employees. It
establishes links between employers, employees and the government through regular contacts. It also provides
valuable unified opinion about labor related issues, industrial relations and organizes program activities in the
related areas.
4. Membership committee: The membership committee verifies or examines the applications for
membership and submits recommendation to the executive committee for decision to grant membership of
FNCCI. The executive committee forms various committees, forums and councils focusing generally on the
sectoral and other specialized issues (activities)
5. Secretariat: There is a professional secretariat with business library, training unit and human resource
development centre for the effective day to day operation of FNCCI. There are also facilitated of a database
computer unit, display hall, conference and meeting halls etc. Besides this, there are also administrative
officers and other support staff to support the secretariat for the effective daily operation of FNCCI.
Functions of FNCCI
The functions of FNCCI are determined by its objectives. For the fulfillment of above objectives it performs
the following functions:
a) Play a catalytic role in the business, industrial development in the country while establishing sound
industrial relation in the country.
b) Reinforce business community's commitment to the society.
c) Provide advisory services to government, lobby as and when required in formation and execution of
business and industry related polices, acts and programs friendly to the private sector.
d) Foster cooperation with related Nepal and foreign organizations.
e) Provide up to date information to the business government and the community.
f) Create awareness and support for business and industry on issues affecting. Business likes quality social,
responsibilities, corporate governance, HIV/AIDS, child labor and environment etc.
Besides above functions FNCCI provides the following services
a) FNCCI represents of the entire business communities of the country in national and international forums.
b) It prepares recommendation for promoting exports and investment.
c) It promotes joint venture to promote industry and commerce.
d) It provides expertise services to exporters, importers and investors
e) It has been facilitating in participation of national and international trade fairs and exhibitions
f) It provides business information and research services.
g) It facilitates to promote fair and better industrial relation among the Nepalese entrepreneurs.
h) It initiates for strengthening local chambers and association.
i) It provides logistic, technical and even financial support to promote interrelationship among the people on
the basis of their knowledge, skill and experience.
j) It has been conducting on the regular basis trainings, workshops, seminars on chamber, publication
information exchange, documentation industrial relation, productivity, quality management and environment
etc.
Functional principles
FNCCI- activities are guided by the following principles
a) Professionalism in operation,
b) Partnership with government and development partners
c) Committee to fairness, competition, transparency de-regulation, decentralization and de-licensing.
d) Confidence in fair competition and private initiative.
e) Extensive consultation with stakeholders deciding on common industry and business views.
f) Close cooperation with foreign federations and chambers
g) Proactive role i.e. imitating ideas and proposals.
C. Trade and Export Promotion Center (TEPC): Introduction and Functions
Introduction of TEPC

TEPC is established with the primary objective of promoting foreign trade in general and export trade in
particular of the country.
The government of Nepal has established "Trade and Export Promotion Centre (TEPC) in November 2006",
which is known as national trade promotion organization of the country. But previously it was only known as
trade promotion centre. TEPC is established with the primary objective of promoting foreign trade in general
and export trade in particular of the country.
'Trade and export promotion centre', a national trade promotion organization of the country was established by
merging three organizations namely trade promotion centre, export promotion board, and carpet and wool
development board. Now it is working as the secretary of Nepal Trade promotion board. TEPC has been
established to provide support for private entities to promote export oriented production and distribution of
goods and services. Besides this, it has contributed significantly in identifying markets, promoting trade
relationship, developing new markets and establishing relationship between importers and exporters.
Therefore, the role of TEPC is very important for the expansion and diversification of exports and domestic
markets in the world.
Functions of TEPC
The objectives of TEPC are to promote foreign trade in general and export trade in particular of the country.
For the fulfillment of above objectives it performs the following functions.
a) Advise the government of Nepal in formulating policies for the development and expansion of trade and
export.
b) Contribute to strengthening the national economy by developing and expanding trade and export of the
county.
c) Support in achieving the goal of poverty alleviation through the development of rural economy by
enhancing internal and external market for agro-based and other products.
d) Launch of programs by establishing coordination among different agencies for increasing the production
of exportable products.
5) As assist to diversity trade by identifying potential market for exportable products.
6) Cooperate in opening institutions for export promotion and to diversify trade and extend support to such
institutions.
7) Plead for technical assistance with national and international organizations for improving quality standard
of exportable products.
8) Implement appropriate programs so as to attract investment at the national and international level for
export oriented and import management project.
9) Act as information pool by collecting, disseminating and publishing useful trade related information.
10) Study and identify the problems of foreign trade and advise the government of Nepal with appropriate
measure to solve such problems
11) Assist in market test exportable products.
12) Organize buyers/sellers meet and conduct training, seminar and workshops
13) Simplify the procedures relating quality control, insurance and transport and enhance support services for
export transaction.
õ Introduction of business support agencies
In Nepal, the association of business organizations became created through their unity or mutual harmony
which is called Nepalese Business Support Agency. Nepalese Business Support Agency helps its own
members for the protection to their right. Some of the important business support agencies of Nepal are
FNCCI, NCC and TEPC, which play the important role for the economic development in Nepal.
õ Nepal Chamber of Commerce (NCC)
Nepal Chamber of commerce is the first Chamber of commerce in Nepal, which is represented on behalf of
private sectors in several government committees. The prime objective of NCC is to assist in the development
of national economy through the promotion and protection of commerce and industries both at the private and
public sector.
õ Formation of NCC
The following detailed information are essential for the formation of NCC. They are as follows:
i) Membership ii) General meeting
iii) Executive committee iv) Committees at NCC
v) Committees organized or formed by NCC president
õ Function of NCC
The important functions of NCC are as follows:
ò Maintain relationship with business communities
ò Trade and industries fairs ò Issue certificate of origin
ò Seminar and Training ò Publication function
ò Establish academic institutions ò Involve in social welfare
õ Federation of Nepalese Chamber of Commerce and Industry (FNCCI)
FNCCI is the nationally and internally recognized umbrella organization of business in Nepal. The vision of
FNCCI is leading the nation's economic progress and its mission is "facilitating Nepalese business become
globally competitive".
õ Formation of FNCCI
For the formation of FNCCI the essential detailed information are as follows:
ò Structure/Membership ò General assembly and executive committee
ò Councils ò Membership committee
ò Secretariat
õ Trade and export promotion centre (TEPC)
TEPC is established by merging there organizations namely trade promotion centre, export promotion board,
and carpet and wool development board. The primary objective of this is to promote the foreign trade in
general and export trade in particular of the country. Besides this, it has contributed significantly in identifying
markets, promoting trade relationship, developing new markets and establishing relationship between
importers and exporters.
Short Answer Questions
1. Give the introduction of Nepal Chamber of commerce and explain its objectives
2. What are the functions of Nepal Chamber of Commerce– NCC?? Explain.
3. Explain the process of formation of Nepal Chamber of Commerce NCC.
4. Define Federation of Nepal Chamber of Commerce and industry (FNCCI) and explain its principles.
Comprehensive Answer Questions
5. Introduce Nepal Chamber of Commerce and explain the process of formation of NCC
6. What do you mean by export and trade promotion center? What are its functions? Explain
7. Discuss the role of various support agencies in the development of business
8. What are the functions of NCC? In what respects it differs from Trade and Export Promotion Centre?
Discuss.