Nepal International Trade Fair to attract more investors
The organisers today have claimed that all the preparations for the third edition of Nepal International Trade Fair (NITF) 2014 have been completed.
President Dr Ram Baran Yadav is scheduled to inaugurate the five-day event at Bhrikuti Mandap Exhibition Hall tomorrow, one of the organisers Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said, hoping that the expo will help promote domestic products in international market.
“We have completed the preparations for the event," coordinator of the event Kalyan Krishna Tamrakar said at a press meet here today. "We are hopeful that the fair will be proved a milestone for the promotion of domestic products in the international market," he said, adding that some 3,000 international visitors are expected to visit the event.
As was a tradition, the International Trade fair this year China is the trade partner for the exhibition.
The fair that will have a total of 350 stalls showcasing major exportable products included in Nepal Trade Integration Strategy (NTIS-2010). Some 200 stalls will showcase different exportable Nepali products, Tamrakar added. "Similarly, there will be 82 stalls from Bangladesh, 16 from Pakistan, five from India, and two each from Bhutan and Thailand."
Likewise, Gems and Jewellery Show and Herbal Exhibition will also be organised on the sidelines of the expo. But Gems and Jewellery Show will be organised at Hotel Yak and Yeti whereas Herbal Exhibition will be at the Bhrikuti Mandap exhibition hall.
Similarly, senior vice-president of FNCCI Bhaskar Raj Rajkarnikar, on the occasion, said that the event will provide a platform for business-to-business network that can help expand ties with international buyers. "The event will help enhance Nepal's trade with China as a 48-member Chinese delegation is visiting the event," he said, adding that Chinese traders may strike business deals with Nepali traders.