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Trade News January 2014

  1 min 40 sec to read

Birgunj to host Nepal-India Trade Expo 2014
Nepal-India Trade Expo-2014 will be organized at the Adarshnagar Stadium of Birgunj city from February 13 to 20, according to Birgunj Chamber of Commerce and Industries (BiCCI) and Minds Nepal Pvt Ltd, organizers of the event. Speaking at a press conference organized in Birgunj on December 27, BiCCI President Ashok Kumar Baidya said that the Expo will feature nearly 200 stalls related with different business and industries including tourism, technology and agriculture, among others.
 
“The Expo which is being organized in Birgunj, one of Nepal’s major commercial and industrial hubs, is very important for promoting business and trade in the country,” Baidya said, “The main purpose of the trade Expo is to expose Birgunj’s prospects and possibilities in the area of business and trade.”
 
Similarly, President of Minds Nepal, Madan Lamsal said that the Expo will bring to the surface the possibilities of economic development and thus help achieve a robust economic growth through the utilization of these possibilities. “The Expo will help reduce the trade deficit by promoting the export of domestic products,” hoped Lamsal.
 
The organizers have said that the Expo will be a common platform for investors, producers, distributors and exporters from both India and Nepal to interact with each other and know about different products and services. Music concerts, food festivals and other entertaining activities will also be organized during the Expo, according to the organizers.
 
Nearly half a million people are expected to observe the Expo. Similarly, the organisers also expect a business transaction of Rs 200 million during the Expo. 
 
The Expo is being organised in association with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Ministry of Industry, Birgunj Sub-metropolis and Parsa District Development Committee.

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