The 9th Nepal International Trade Fair, organized by the Federation of Nepalese Chambers of Commerce and Industry, commenced today at Bhrikutimandap.
The fair, hosting a total of 210 exhibition stalls, features participants from Bangladesh, India, China, and Pakistan, in addition to Nepal. The event, scheduled to run until December 4, aims to foster international trade and attract investment to Nepal.
Speaker Devraj Ghimire, inaugurating the exhibition, emphasized the importance of establishing an industrial environment built on a foundation of a harmonious relationship between the government and the private sector.
Ghimire urged for a proactive role of the government in creating an investment-friendly climate, showing political commitment to address economic challenges.
Surkrishna Baidya, Vice President of the Federation, highlighted that the primary objective of the trade fair is to attract foreign investments to Nepal. The fair provides a platform for businesses to showcase their products and services, fostering collaboration and economic growth.
Deng Bi, Deputy Director General of the Trade Development Bureau under the Ministry of Commerce of China, expressed optimism about strengthening trade relations between China and Nepal through the fair.
Chinese Ambassador to Nepal, Chen Song, along with representatives from the industry and commerce sectors, were present during the inauguration, underscoring the significance of international cooperation and partnerships in the trade fair.
The 9th Nepal International Trade Fair serves as a crucial avenue for businesses to explore opportunities, establish connections, and contribute to the economic development of Nepal.
The participation of neighboring countries reflects the commitment to fostering regional collaboration and creating a thriving environment for trade and investment.