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December 4: The fourth edition of Nepal Chamber Expo-2018 concluded on a high note with transaction worth Rs 40 million and 50,000 visitors, according to the organiser. The four-day expo, which was organised by Nepal Chamber of Commerce (NCC) with an aim to introduce domestic products in the international market, concluded on Monday, December 3.
Around 50,000 visitors observed the expo which displayed various national and international products, informed the organiser. Traders from China exhibited and traded different natural and herbal products during the expo. Likewise, Myanmar’s dealers traded food products while Nepali entrepreneurs traded handicraft products at the expo. Other traders exhibiting products such as automobiles, electric appliances, flooring and furnishing matters, smart phones and food products.
The expo featured 110 stalls from different countries including Nepal, India, Myanmar, China, Pakistan and Korea.
According to NCC, the expo was focused on promoting export and attracting foreign investment in the country. During the event, NCC also signed Business to Business (B2B) agreement with Myanmar. The organiser believes that the expo helped not only in introducing domestic products in the international market but also contributed in promoting tourism and agriculture sector of the country.
However, the expo this year was not as fruitful as the previous edition, said the organiser. Chairman of NCC’s exhibition committee, Rastra Bhusan Chakubaji, said the expo was not as rewarding as expected due to the unmanaged traffic. He further added that the Asia Pacific Summit also had an adverse effect on the expo.
NCC had organised the expo in collaboration with the Ministry of Finance, Industry and Supply and Trade and Export Promotion Center.
The main sponsor of the event was Nestle while Heritage Corporate was the co-sponsor. Similarly, Myanmar was the partner country for the expo. Considering the risk at the expo, the organiser had also purchased an insurance policy from Prabhu Life Insurance.
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