Chamber of Commerce President Urges Allowing Insurance Companies to Expand Services Abroad

Summary

FNCCI President Chandra Prasad Dhakal urges policy reforms to allow Nepalese insurance companies to expand services abroad and compete internationally, criticizing outdated regulatory approaches.

Key Points
  • Chandra Prasad Dhakal, FNCCI President, demands allowing insurance companies to expand services abroad.
  • He calls for policy reforms to create an enabling environment for overseas business expansion.
  • Dhakal criticizes Nepal's regulatory bodies for operating under traditional policies hindering expansion.
  • He emphasizes the need for a regulatory approach change and an end to viewing businesses solely as profit-seeking entities.
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