KATHMANDU, Nov 25: A four-day "China's Tibet-Nepal Economic and Trade Fair" kicked off at the United World Trade Center in Kathmandu on Monday.
The fair has been jointly organized by the Nepal-China Chamber of Commerce and Industries, Tibet Border Trade Chamber and Trade Development Bureau of Ministry of Commerce of China.
The fair is aimed at exhibiting and studying the market potential of both Nepali and Chinese products.
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Addressing the fair, Secretary at the Ministry Commerce and Supplies Baikuntha Aryal said that this kind of trade will help to decrease the trade deficit with China. "The ballooning trade deficit between Nepal and China should be reduced," he said.
The business persons from Nepal and Tibet are participating in the fair being organized at Tripureswor-based World Trade Center.
The organizers have expressed the hope that the fair will play a vital role in the promotion of Nepali and Chinese products.