Business details

Nepal Chamber Of Commerce

Nepal Chamber of Commerce, established in 1952 (corresponding to Bikram Sambat 2009, is the first Chamber of Commerce in the Kingdom of Nepal. At present, it has more than 1,600 ordinary members and more than 8,000 registered firms are affiliated to it. The Chamber organized the First National Conference on Industry and Commerce in 1955. Being located in Kathmandu, the capital city of Nepal, the Chamber has been playing an important role in the field of trade promotion and also in the formulation of commercial, industrial and fiscal policies of Government of Nepal. Vision: “Making the trade sector competitive for economic development of Nepal”. Mission: “Substantiating Nepalese trade in the global market by enhancing the competency of Nepalese traders.” 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 the private and public sector. The leading tasks of NCC are: to foster good relationship and unity among the trading community and industrialists to develop links with commercial, industrial institutions around the world and to co-operate with each other for the betterment of national economy to organize Trade and Industrial Fairs, to co-operate and facilitate the Nepalese participants in such fairs. to issue Certificate of Origin for the Nepalese products. to establish or encourage in establishing the academic institutions related to commerce and industry Strategies: a. Promotion of trade related interactions NCC Talk Program on economic and trade Interactive program on topical issues including policy advocacy and policy feedback Dissemination sessions on national/regional/global trends of traders interests b. Management of trade facilitation Capacity building of Nepalese trade sector by enhancing the competency of Nepalese traders through various training on management, international and domestic market and relation building. Official visits at different levels of national and international organization and government covering critical and new areas and dialog on trade related matters Establishment of a resource centre for traders Exploring the competitive and comparative advantages of Nepalese products in the international market. c. Development of membership base and relation build up and networking Expansion of membership base Networking with relevant trade and product related organizations at national, regional and global levels. Build and establish relation with trade related national and international association/ organization, donor agencies and various international agencies including embassies and mission. d. Research and information services Policy and action researches relating to trade, entrepreneur development Undertaking projects for the development and management of trade sectors Information services through various modes, including publication and e-devices Organization Membership: Any individual firm, company, corporation and organization engaged in trade, industry or related profession is entitled for Chamber’s membership. The following four types of membership have been introduced and practiced in the Chamber. (a) Life member (b) Ordinary member (c) Affiliated member (d) Honorary member General Assembly: The General Meeting of Nepal Chamber of Commerce is held annually to discuss and pass resolutions. It also elects the members of the Executive Committee for the vacant seats. The progress report and audit report of the past fiscal years are submitted to the General Assembly for comments and approval. Publications: The Chamber of Commerce publishes fortnightly bulletins “Chamber Patrika” (in English & Nepali) which are circulated to all members & worldwide Chambers. The publications contain information regarding national, international economic and trade issues including other activities of the Chamber. Relation with Government of Nepal: From its very inception, Chamber has been playing a vital role in the formulation of commercial and industrial policies of Nepal Government (NG). It has very close relation with all the concerned Ministries, Departments and Offices of NG, Nepal. The Chamber represents the private sector in many committees formed by the government. The main committees represented by the Chamber are: Revenue Consultative Committee Social Welfare Council Export Promotion Board Press Council Tax Assessment Committee Custom Valuation Committee Cottage and Small Scale Industries Development Committee International trade Fair and Exhibition Organizing Committee Water and Energy Commission Child Labour Relief Working Group Nepal Multi-Model Transit and Trade Facilitation Project Banking Promotion Committee National Development Council Interunit Coordination Committee Business Consultative Group High Level Economic Diplomacy Committee Economic Policy Network Integrated Framework Steering Committee Public Private Partnership Central Supplies Management Committee Social Services: Nepal Chamber of Commerce is represented in various social welfare organizations. It helps and supports charitable activities. The Chamber has started Free Ambulance and Corpse Van services for the people within the Kathmandu Valley since 1994 AD. Committees Convened by NCC President: Advisory Committee Consultative Committee Nepal Chamber Foundation District Co-ordinator Council Committees Formed by NCC: Employment Promotion Committee Environment Committee Social Service Committee Small and Medium Enterprises Committee District and Municipal Coordination Committee Publicity and Education Committee Revenue Committee Information and Technology Committee Industrial Committee Seminar, Workshop and Fair Committee Energy Committee Nepal India Trade Committee International Coordination and Women Committee Retail Food and Supply Committee Tourism Promotion Committee Human Resources and Development Committee Export Committee Nepal China Trade Promotion Committee Import and Trade Committee Economic Diplomacy Committee Relations with DCCI: The Chamber has signed Memorandum of Understanding (MOU) with the following 63 District Chambers of Commerce and Industry (DCCI). Dhankuta Chamber of Commerce & Industry Tanahu Chamber of Commerce & Industry SankhuwasabhaChamber of 4. Commerce & Industry Tulsipur Chamber of Commerce & Industry Birgunj Chamber of Commerce & Industry Kanchanpur Chamber of Commerce & Industry Damak Chamber of Commerce & Industry Sunsari Chamber of Commerce & Industry Rukum Chamber of Commerce & Industry Khotang Chamber of Commerce & Industry Lamjung Chamber of Commerce & Industry Gorkha Chamber of Commerce & Industry Birgunj Chamber of Commerce & Industry Rajapur Chamber of Commerce & Industry Dailekha Chamber of Commerce & Industry Dhading Chamber of Commerce & Industry Rolpa Chamber of Commerce & Industry Makawanpur Chamber of Commerce & Industry Humla Chamber of Commerce & Industry Janakpur Chamber of Commerce & Industry Butwal Chamber of Commerce & Industry Mechi Chamber of Commerce & Industry Rasuwa Chamber of Commerce & Industry Lahan Chamber of Commerce & Industry Syangja Chamber of Commerce & Industry Dang Chamber of Commerce & Industry Mahottari Chamber of Commerce & Industry Saptari Chamber of Commerce & Industry Malangawa Chamber of Commerce & Industry Sindhuli Chamber of Commerce & Industry Morang Chamber of Commerce & Industry Waling Chamber of Commerce & Industry Nawalparasi Chamber of Commerce & Industry Bhojpur Chamber of Commerce & Industry Panchathar Chamber of Commerce & Industry Tikapur Chamber of Commerce & Industry Taplejung Chamber of Commerce & Industry Doti Chamber of Commerce & Industry Jhapa Chamber of Commerce & Industry Dhulikhel Chamber of Commerce & Industry Okhaldunga Chamber of Commerce & Industry Salyan Chamber of Commerce & Industry Bara (Kalaiya) Chamber of Commerce & Industry Tehrathum Chamber of Commerce & Industry Ramechhap Chamber of Commerce & Industry Ilam Chamber of Commerce & Industry Dolakha Chamber of Commerce & Industry Ratnanagar Chamber of Commerce & Industry Kailali Chamber of Commerce & Industry Pyuthan Chamber of Commerce & Industry Bajura Chamber of Commerce & Industry Palpa Chamber of Commerce & Industry Leknath Chamber of Commerce & Industry Gulariya Chamber of Commerce & Industry Itahari Chamber of Commerce & Industry Simanta Chamber of Commerce & Industry Udayapur Chamber of Commerce & Industry Kalikot Chamber of Commerce & Industry Sidharthanagar Chamber of Commerce & Industry Jumla Chamber of Commerce & Industry Dolpa Chamber of Commerce & Industry Mugu Chamber of Commerce & Industry Kavre Chamber of Commerce & Industry Cooperation Agreement with Foreign CCI: Nepal Chamber of Commerce has signed the Memorandum of Understanding and Agreement on co-operation with several chambers of commerce and industry for strengthening the economic relations on the basis of mutual benefits. It has signed Memorandum of Understanding as following chambers of commerce and industry: Singapore Confederation of Industries, Singapore Hungarian Chamber of Commerce & Industry, Hungary Indian Merchants’ Chamber, India The Lahore Chamber of Commerce & Industry, Pakistan Russian Chamber of Commerce & Industry, Russia Osaka Chamber of Commerce & Industry, Japan Shanghai Federation of Industry and Commerce, China Bengal National Chamber of Commerce & Industry, India Indo Overseas Chamber of Commerce & Industry, India China Council for the Promotion of International Trade, China Tamilnadu Chamber of Commerce & Industry, India Vietnam Chamber of Commerce & Industry, Vietnam Philippine Chamber of Commerce & Industry, Philippine Federation of Karnataka Chamber of Commerce & Industry, India Dhaka Chamber of Commerce & Industry, Bangladesh Kingdom of Saudi Arabia Chamber of Commerce & Industry, Saudi Arabia Austrian Federal Economic Chamber, Austria Jakarta Chamber of Commerce & Industry, Indonesia Ealing Chamber of Commerce, England Kuwait Chamber of Commerce & Industry, Kuwait Jiangsu Chamber of Commerce, China Cambodia Chamber of Commercem Cambodia The Associated Chinese Chambers of Commerce and Industry of Malaysia, Malaysia Thai Chamber of Commerce, Thailand CCPIT Sichuan Chamber of Commerce, China CCPIT Chongqing Chamber of Commerce, China CCPIT Ghangzhou Chamber of Commerce, China Ukraine Chamber of Commerce and Industry, Ukraine CCPIT Yunnan Chamber of Commerce, China The National Chamber of Commerce of Sri Lanka, Sri Lanka National Producitivity and Development Center, Mongolia National Chamber of Exporters of Sri Lanka Karachi Chamber of Commerce & Industry, Pakistan Chamber of Commerce and Agriculture of Bistrita Nasuad Region, Romania Relation with International Organizations: Nepal Chamber of Commerce is representing Nepal as a national focal point for Regional Investment Information and Promotion Services (RIIPS) of UNESCAP. The Chamber has been conducting seminar and training, related to business and economy, with the help of International organizations, such as International Trade Centre – ITC (UNCTAD – WTO) and the Asian Pacific Centre for Transfer of Technology (APCTT). Nepal Chamber of Commerce is also the member of International Chamber of Commerce (ICC) in Paris, France