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Home International Customs

Bangladesh, Nepal to sign bilateral trade agreement in Expo 2015

byCustoms Today Report
14/02/2015
in International Customs
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DHAKA: Nepal Expo 2015 has begun at Bhrikuti Mandap Exhibition Hall from Wednesday. Minister for Commerce and Supplies, Sunil Bahadur Thapa, said that government is preparing to sign a new bilateral trade agreement with Bangladesh.

This five days event is being organized by Synthesis Exhibition and Events and Wren, a business networking company of Bangladesh — to mark the 43rd year of bilateral trade relationship between Nepal and Bangladesh.

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Inaugurating the expo, Thapa said that the event would play a crucial role in exploring business opportunities between Nepal and Bangladesh. “Markets in Nepal and Bangladesh are more or less similar. Thus this expo will be beneficial for traders of both the countries,” he added.

Similarly, Mashfee Binte Shams, ambassador of the People´s Republic of Bangladesh to Nepal, said that the expo will help business community of Nepal to learn about wide variety of products of Bangladesh and create an opportunity for business community to explore available synergies for enhancing relation between the two nations. “The event will also help to increase exports from Bangladesh to Nepal,” said Shams.

According to the organizers, more than 80 leading business houses from Bangladesh are participating in the expo, representing various sectors like pharmaceuticals, readymade garments, handicrafts, frozen sea foods, ceramic products, textiles, food and beverages, cosmetics, herbal products, information technology firms, education institutions, medical colleges, and hospitality sector, among others.

Bangladeshi services and products have been displayed in more than 100 stalls.

Meanwhile, organizers have announced to organize ´Royal Tiger Bangladesh-Nepal Friendship Concert 2015´ on February 15 on the sidelines of the expo. The concert features Bollywood singer Faruq Mahfuz Anam along with local artists from Nepal and Bangladesh.

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