The regional expo is expected to contribute to bring down Nepal´s growing trade deficit with the northern neighbor.
“The Kunming expo has shown good prospect of Nepal-China trade. However, the government policy should be supportive to promote our products in China,” said Jiwan Shilpakar, proprietor of Oriental Wood Crafts, who attended the fair. He further added that the government should take the initiative in develop roads and railway lines in addition to promoting production and quality of exportable goods. [break]
Shilpakar also said Nepali traders used the fair to enhance trade relation with East and South Asian countries.
According to Shilpakar, Indian and Chinese traders have started producing Nepali wood crafts by using Nepali craftsmen. “This will create problems for us,” he added.
Though China has offered duty free access to 7,787 Nepali products, Nepal suffered trade deficit of over Rs 52 billion with China in the last fiscal year.
Around 1,000 business firms from 32 countries of South Asia and South East Asia participated in the expo that concluded on Monday. The five-day exp had 85 Nepali stalls. These stalls showcased products like carpet, copper products, wood crafts, jewelries, herbal medicine, tea, coffee, pashmina, Buddha´s idols and Thankas, among others.
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