Explain the functions of Nepal Chamber of Commerce (NCC). |
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Ans : The function of NCC are explained below:
i) 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 find out acceptable solution to resolve the disputes.
ii) Develop link with world business:- NCC should be able to develop and maintain a link between the national and international business communities. This is helpful to promote business relations at international level.
iii) Organize trade and industrial fairs:- NCC organizes and participates in trade and industrial Fair at National and international level. It facilitates Nepalese business community to participate in such fairs and assist in promotion of local business activities.
iv) Issue certificate of origin:- Another important function of NCC is to issue certificate of origin to the Nepalese product. With the aid of this certificate Nepalese products get some exemption in tax and custom duty in foreign countries.
v) Established academic institutions:- It establishes and encourages establishing academic institution related to trade and Commerce. Thus, it also conduct training, seminar and workshop to provide technical assistant in National and international level.
vi) Involved in social welfare activities:- NCC health and supports charitable activities. It provides financial and technical support to the institutions involved in serving the society. It has been providing free ambulance and cost Van service in Kathmandu valley.
vii) Economic development:- NCC plays important role of economic development of the country through participation of private enterprises and by providing technical, managerial and logistic support for the people those who want to involve in industrial, and commercial sector.
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