FNCCI Expresses Deep Condolence Over Losses During Gen-Z Protests, Urges Peaceful Dialogue and Economic Reforms

9th September 2025, Kathmandu

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has issued a poignant press release expressing deep sorrow and offering condolences for the tragic loss of life and property during the ongoing youth-led Gen-Z protests.

FNCCI Expresses Condolence Over Losses

The FNCCI, as the apex private sector body, acknowledged the legitimacy of the youth’s demands, which center on issues of employment, governance, and the proper use of state revenue. By taking a strong moral and economic stance, the FNCCI has urged the government, political parties, and all stakeholders to engage in constructive dialogue and adopt a more responsible approach to resolving the crisis. This statement reflects a crucial intervention from the business community, which is deeply concerned about the negative impact of political instability on Nepal’s already fragile economy.

FNCCI’s Balanced and Strategic Stance

The FNCCI’s statement is notable for its carefully balanced approach. While it begins with a strong message of condolence and sympathy for the victims of the protests, it quickly transitions to an analysis of the root causes of the unrest. By explicitly acknowledging the legitimacy of the youth’s demands for dignified employment, self-employment opportunities, and fiscal accountability, the FNCCI aligns itself with the concerns of the younger generation. This is a strategic move, as it positions the business community not just as an economic actor but as a key stakeholder in the country’s social and political future.

The Federation’s call for peaceful protests and a plea for all sides to exercise restraint is a clear attempt to de-escalate the situation. The statement warns that an environment of fear, despair, and chaos is detrimental to Nepal’s socio-economic well-being. This is a direct appeal to both the protesters and the security forces to avoid violence, which the business community sees as a threat to their operations and the country’s stability. The FNCCI’s message is a clear recognition that the political crisis is no longer confined to the streets but is now having a direct and negative impact on the economy.

The Interplay of Protests and Economic Stability

The FNCCI statement highlights the critical link between social justice, political stability, and economic growth. The Federation correctly argues that sustained economic activity is the only way to create jobs, improve income levels, and provide a positive environment for entrepreneurship. In this context, the ongoing unrest is particularly damaging. Nepal’s economy is already facing significant challenges, including high unemployment, inflation, and persistent governance issues. The current crisis threatens to exacerbate these problems, potentially scaring away both domestic and foreign investors. The timing is particularly sensitive, as the country is entering its key tourism season, and the instability could deter tourists and damage the industry’s reputation.

The FNCCI’s appeal for dialogue and cooperation is framed as a long-term solution to the underlying issues. The Federation recommends several key reforms that would address the youth’s grievances while also promoting economic growth. These include:

Improving governance: Ensuring easy and dignified access to government services is a direct response to the corruption and inefficiency that the protesters have been vocal about.

Promoting entrepreneurship: By advocating for an investment-friendly environment and for policies that promote entrepreneurship, the FNCCI is suggesting a structural solution to the problem of youth unemployment and limited opportunities.

Strengthening the investment climate: The call for reforms to attract both domestic and foreign investment shows the FNCCI’s concern for the long-term health of the economy.

These recommendations are a testament to the FNCCI’s role as a key thought leader and advocate for the private sector. The Federation has consistently pushed for policy stability, tax reforms, and private sector participation in key economic sectors. Its current statement is a continuation of this advocacy, urging the government to use this crisis as a turning point to accelerate much-needed structural reforms.

Conclusion

The Federation of Nepalese Chambers of Commerce and Industry’s press release on the Gen-Z protests is a significant event in itself. It is not merely a statement of condolence but a comprehensive analysis and a clear call to action. By mourning the victims, validating the youth’s grievances, and urging all stakeholders to prioritize peaceful dialogue and economic reforms, the FNCCI has positioned itself as a crucial mediator and a voice of reason. The message is clear: the only sustainable solution to the current unrest is a commitment to social justice, responsible governance, and a concerted effort to build a prosperous and inclusive economy. The business community has now officially joined the chorus of voices demanding change, and their appeal for stability and reform will likely add significant pressure on the government to find a swift and lasting solution. The outcome of this crisis will depend heavily on whether the country’s political leadership is willing to heed these calls and work toward a more stable and prosperous future for Nepal’s youth.

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