Inaugurating the fair on March 08, 2018, Prime Minister KP Sharma Oli expressed hope that this fair would promote Nepal\u2019s investor-friendly environment on a global scale taking ahead the country\u2019s policy for foreign investment.<\/p>\n
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\u201cI believe that this fair will contribute to promote the country\u2019s internal trade. The international expo should promote Nepali products at the international level and draw the attention of foreign investors towards Nepal, which holds immense investment potential,\u201d said Oli.<\/p>\n
On the occasion, PM also pitched for a strong collaboration between the government and private sectors for the overall development.<\/p>\n
Meanwhile, Nepali Finance Minister Yubaraj Khatiwada said the Government of Nepal is keen on facilitating a favorable environment for the private sector and also termed foreign investment as key for employment generation and technology transfer.<\/p>\n
\u201cThe government is not a competitor to the private sector. It will play a complementary role with businesses to accomplish the national target of reducing the trade deficit and achieving sustainable development.\u201d says Khatiwada.<\/p>\n
The Minister for Industry, Commerce and Supplies Matrika Yadav opined that this trade fair would add to the government\u2019s economic objectives.<\/p>\n
According to Dil Sundar Shrestha, Chairman of the Fair Organizing Committee at FNCCI, the fair is aimed at facilitating ways for B2B relationships further to attract joint investment in across potential areas.<\/p>\n
The trade fair is expected to witness a total participation of 200,000 members.<\/p>\n","protected":false},"excerpt":{"rendered":"
The seventh edition of Nepal International Trade Fair is currently underway at the Bhrikuti Mandap Exhibition…<\/span><\/p>\n