Some three dozen
entrepreneurs and business organisations have been recommended for the Commercially
Important Person (CIP) honour for their contribution to the economy and
commercial sector.
The list of 35 foreign
and national exporters, importers, investors, employers and entrepreneurs has
been selected on the basis of transactions made in the last two fiscal years
2010-11 and 2011-12.
The honour — that
includes VIP facilities at Tribhuwan International Airport and other privileges
— is awarded every two years by the government to encourage entrepreneurs to
contribute to the economy.
Nepal Telecom has been
recommended for its contribution as the largest tax payer; IME for channelling
the highest amount of remittance at Rs 123.11 billion into the country; Sita
World Travels for bringing the highest number of tourists from third countries;
Hotel Hyatt Regency for earning the largest foreign currency through the
tourism sector; largest employer Arihant Multi Fibers; largest investor of
manufacturing industry under operation Jagdamba Steel Industries; top two
importers of Nepali goods in China — Tibet Yintao Trading Company of Khasa and
Shanghai Hengna — two importers of Nepali goods in India — Dabur India and
Bhushan Power and Steel — five largest exporters-industrialists — Paramount
Carpet Industries, Nepal Fashion, Everest Pashmina Knit & Weaving
Industries, Tribeni Dal & Oil Industries and Asian Leather Industries —
based on the amount of goods exported to third countries; Aarti Strips and
Dabur Nepal as top two exporters-industrialists based on the amount exported to
India have been recommended for the honour.
Likewise, presidents of
Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Confederation of
Nepalese Industries (CNI), and Nepal Chamber of Commerce (NCC) for their contribution in
promoting export and commercial sectors; presidents of top three commodities
associations — Nepal Carpet Exporters' Association, Garment Association-Nepal
(GAN) and Nepal Pashmina Industries Association — for their largest share in third
country exports, apart from Federation of Nepalese Handicrafts and Federation
of Nepalese Women Entrepreneurs have also been recommended for the CIP honour.
Similarly, five largest
importers — Wissenbach GMBH & Co KG, Germany; The Bonton Stores Inc, USA;
Lentils-Rokeya, Bangladesh; Oto Gmbh, Germany and Derma SRL, Italy — of Nepali
goods in third countries based on the amount of goods exported have also been
recommended for the honour.
However, the
government will not award the CIP to any person or business blacklisted by any
of the government authorities; blacklisted by Credit Information Bureau (CIB) as a
defaulter of any bank or financial institution; of bad moral and convicted by
the court; convicted of corruption and financial irregularities and tax
defaulter till the previous year, at the time of awarding the CIP.
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