Yunnan specialties exhibition held in Kathmandu
Kathmandu, Dec. 24: With a view to promoting bilateral trade between China and Nepal, particuarlarly enancing trade and invesment between companies based in Yunnan province of China and Nepal, Yunnan specialties exhibition was held in Kathmandu on Sunday.
In the exhibition, different consumer products such as potato/vegetable chips, soaps and shampoos, herbal products, tea and coffeee, produced by different companies in Yunnan were put for display.
Speaking on the occasion, former Ambassador of Nepal to the People’s Republic of China (PRC) Tanka Karki said that Nepal should identify highly potential goods and services to export to China to narrow the trade deficit Nepal has with China.
Karki said that tourism has to be promoted in Nepal and more Chinese visitors should be brought in as a measure to reduce the trade deficit. “More Chinese investment has to be lured. Obviously, we need more Chinese assistance in Nepal,” Karki said at the exhibition organised by Yunnan Commerical Representatives Office in Kathmandu.
He viewed that committed leadership and hardworking people in line with the political system can work for the development cause. Karki, also the leader of Nepal Communist Party, said that development is the task of the people themselves and China has taught this to the world and Nepal.
At the programme, Deputy Director General of Yunnan Commercial Representatives Office in Kathmandu, Wu Lingcheng, said that the Office introduced numerous trading and investment opportunities to companies from Yunnan by helping them to set up branches in Nepal and brought local products including tea, coffee, Pashmina, Thangka, wood carvings to Yunnan market.
The office introduced a lot of Nepal retailers to participate in the China-South Asia Expo taking place every year in June, Wu shared. Saying that Yunnan and Nepal have the same climate, geological conditions, natural resources, and agricultural products, he added that Nepal is an ideal place for Yunnan companies to start their overseas cooperation.
“This event will further boost relationships between Yunnan companies and Nepal companies,” he observed.
Chairman of China-Nepal Executives Council Anoop Ranjan Bhattarai, Economic and Commercial Counselor of the Embassy of the People’s Republic of China in Nepal Zhang Fan and others expressed their opinions on trade, business cooperation and effective collaboration on trade promotion between Nepal and China.
The Yunnan Commercial Representative Office in Kathmandu was established in 2015 with the purpose of leading Yunnan companies to enter the Nepal market as well as introducing Nepal’s companies to Yunnan market.