KATHMANDU – In a bid to promote bilateral trade and economic relations between Nepal and China, China’s Tibet-Nepal Economic and Trade Fair 2019 kicked off here on Monday.
Organized by the Trade Development Bureau of the Ministry of Commerce and the Lhasa-Tibet Border Trade Merchants Association, the four-day event supported by the Nepal Chinese Chamber of Commerce and Industry will be held in the Exhibition Hall of the United World Trade Center.
The opening ceremony was chaired by Dr. Baikuntha Aryal, Minister of Industry, Commerce and Supply of Nepal. Officials from the Chinese Embassy in Nepal and representatives from the Chinese and Nepalese business communities attended the event.
At the opening ceremony, Secretary of State Arial stated that he hopes the expo will promote trade between Nepal and China’s Tibet, which is the oldest trading partner of the South Asian country.
“As trade between Nepal and China grows every year, this type of expo will undoubtedly help boost our trade,” Arial said.
He took the opportunity to mention that the Ministry stands ready to resolve any trade issues through a policy or procedural level.
Zhang Fan, Economic Counsellor of the Chinese Embassy, said that trade plays an important role in the economic and social development of any country.
The consultant said: “Trade is an important part of bilateral relations. I want to call on both parties to work together to provide the best service to consumers.”