ISG URGES MAOISTS TO CEASE EXTORTIONS

May 26, 2006                    

The Industrial Security Group (ISG) expresses its deep concern about continued extortion of businesses and industries across Nepal.  We call upon the Maoists to cease all extortion and violent intimidation, to denounce these activities, and to fully implement their public commitments to avoid such criminal behaviors.  The business community looks forward to contributing to creating employment and prosperity for Nepal.

The ISG comprises representatives of the Embassies of France, Germany, India, the United Kingdom, the United States of America, and the Delegation of the European Commission, along with their bilateral Chambers of Commerce.

As the Acting Chair of the ISG, this statement is issued by the U.S. Embassy in Kathmandu on behalf of the Embassy and bilateral Chamber of Commerce members of the ISG, and the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).

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