Pages

Saturday, April 7, 2012

International Trade Fair to kick off Thursday

Exhibitors from different countries including China, India, Bangladesh, Bhutan and Pakistan have booked more than 350 stalls for Nepal International Trade Fair 2012, which is set to kick off from Thursday in Kathmandu.

Bhaskar Raj Rajkarnikar, vice president of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI) -- the lead organizer of the fair -- said around 200,000 people were expected to visit the five-day event which will be inaugurated by President Ram Baran Yadav.

“We are trying to transform this fair into a forum for those who want to invest in sectors ranging from agriculture to hydroelectricity in the country,” Rajkarnikar said.

Moreover, the government of Nepal has also supported this fair in order to promote domestic products with comparative advantage, which include 19 products listed in Nepal Trade Integration Strategy.

According to Rajkarnikar, six stalls have been booked by Indians, 30 by Chinese, seven by Bangladesh and two by Bhutan so far.

However, some of the exhibitors, like China Sichuan Pavilion, will start showcasing their products only from Friday.

“This trade fair will push itself a bit far from just a fair of goods to a showcase forum of whole nation, products and features,” Rajkarnikar said, “We have planned to arrange one-to-one meeting for domestic and foreign investors in order to lure foreign investment.” He claimed that the fair will be helpful in promoting features of Nepal´s different sectors in order to attract investment during the Investment Year 2012/13.

The Federation of Nepal Cottage and Small Industries (FNCSI), Federation of Nepal Handicrafts Associtaions´ (FNHA) and Nepal China Executive Council (NCEC) are among other organizers of the fair. “The fair will showcase products from east to west Nepal such as tea, coffee, herbs, honey and handmade carpet,” Rajkarnikar informed on the eve of the trade fair.

Moreover, the fair will also showcase readymade garment, electrical equipment, organic and leather products, among others. “We will also award best buyers during the fair,” Rajkarnikar said. He further added that there would be interactions and meetings between national and international investors and businessmen.

According to Rajkarnikar, Nepal Telecom is chief organizer whereas Surya Nepal is orgnizer and Shikhar Shoes is co-organizer.

No comments:

Post a Comment