CNI Officials Discussion With Former Prime Minister Sher Bahadur Deuba
24th July 2025, Kathmandu
The Confederation of Nepalese Industries (CNI), Nepal’s leading industrial representative body, continues its proactive engagement with key political figures, recently holding a significant formal discussion with former Prime Minister and President of the Nepali Congress, Sher Bahadur Deuba.
CNI Officials With Former Prime Minister
This meeting served not only as an occasion for congratulations to the newly elected CNI executive committee but also as a crucial platform to exchange views on the trajectory of Nepal’s economic development and the pivotal role of the private sector in achieving ambitious national goals.
The dialogue underscores the CNI’s strategic approach to building consensus across the political spectrum, aiming to secure broad-based support for its vision of a prosperous Nepalese economy. Such engagements are vital in a nation where policy stability and political will are paramount for fostering a conducive business environment and attracting necessary investments.
Acknowledging Private Sector’s Role and Liberal Economy Principles
During the meeting, former Prime Minister Sher Bahadur Deuba extended his warm congratulations and best wishes to the newly elected executive committee of CNI, led by its President, Birendra Raj Pandey. Deuba wished them a successful tenure, acknowledging the significant responsibility and influence of the CNI in shaping Nepal’s industrial and economic landscape.
Crucially, Mr. Deuba reiterated the long-standing commitment of the Nepali Congress to the development of the private sector. He emphasized the party’s consistent support for a liberal market economy, a foundational principle that has historically guided economic reforms and open market policies in Nepal. This reaffirmation from a veteran political leader and head of a major political party provides a significant endorsement for the CNI’s market-oriented approach to economic growth, offering reassurance to businesses and investors regarding future policy directions.
CNI’s Ambitious Vision: USD 100 Billion Economy and Double-Digit Growth
In response, CNI President Birendra Raj Pandey took the opportunity to share the Confederation’s bold and transformative vision for Nepal’s economic future. He articulated CNI’s ambitious target to expand Nepal’s economy to USD 100 billion within the next decade, a goal that, if achieved, would signify a monumental leap in the nation’s economic scale and prosperity. Alongside this, the CNI also aims for sustained double-digit economic growth, a rate necessary to uplift living standards, create widespread employment, and significantly reduce poverty.
To underpin this ambitious vision, President Pandey informed former Prime Minister Deuba that preliminary studies conducted by the CNI have identified eight key sectors that should be prioritized to achieve the USD 100 billion economy target. While the specific sectors were not detailed in the immediate release, this indicates a strategic and data-driven approach by the CNI to focus resources and policy efforts where they can yield the greatest impact. Furthermore, he revealed that a comprehensive national-level study is currently underway, which will provide a more in-depth analysis and roadmap for these priority areas.
President Pandey also highlighted the practical steps the CNI is taking to translate this vision into actionable plans. He stated that the Confederation is diligently preparing clear recommendations that will outline not only the required investment in each identified priority area but also the specific legal and policy reforms necessary to reach this significant economic milestone.
This proactive approach by the CNI aims to provide the government and policymakers with well-researched, tangible proposals that can be integrated into national development strategies and legislative agendas.
The meeting was attended by key CNI officials, further demonstrating the unified leadership behind these economic initiatives. Those present included Vice Presidents Raj Bahadur Shah and Hem Raj Dhakal, along with Director General Dr. Ghanshyam Ojha.
Their collective participation underscores the CNI’s commitment to robust engagement and advocacy across all levels of political and economic leadership in Nepal.
This discussion between the CNI and former Prime Minister Sher Bahadur Deuba reinforces the ongoing dialogue between Nepal’s private sector and its political leadership.
It highlights the shared aspiration for a prosperous Nepal and the recognition that collaborative efforts, underpinned by a commitment to a liberal market economy and strategic reforms, are essential for unlocking the nation’s full economic potential.
As CNI continues to advocate for its ambitious economic targets, such high-level engagements are crucial for building the necessary political consensus and securing the broad support required for transformative change.
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