Bhutan hosts 5th In­ter­na­tional Trade fair

Bhutan Times - - 08 Home - Sonam Pen­jor

he 5th Bhutan In­ter­na­tional Trade Fair and the fourth The­matic Ex­hi­bi­tion on In­dian hand­i­crafts be­gan from 4th Septem­ber and will go till 8th Septem­ber in Changling­methang Sta­dium Park­ing in the cap­i­tal, which was hosted by BCCI that at­tracted over 140 com­pa­nies from In­dia, Nepal, Thai­land, and Tai­wan and Bhutan.

The open­ing cer­e­mony was graced by Minis- ter of For­eign Af­fairs, Ly­onpo Rinzin Dorji and Mem­ber of Par­lia­ment of Ra­jya Shabha from In­dia, Shri Biswa­jit Daimary. Dur­ing the in­au­gu­ral cer­e­mony Ly­onpo said it is in­deed very en­cour­ag­ing to learn that the past four fairs had brought over 300 com­pa­nies from coun­tries such as In­dia, Bangladesh, Myan­mar, Nepal, Sin­ga­pore, Thai­land and Tai­wan, and at­tracted more than 130,000 in­ter­na­tional and lo­cal vis­i­tors and cus­tomers.

Ly­onpo added that like the pre­vi­ous fairs, this fair will be a huge suc­cess and con­trib­ute to fur­ther strength­en­ing of trade and business ties, and peo­ple-to-peo­ple con­tacts among Bhutanese en­trepreneurs and in­ter­na­tional par­tic­i­pants from var­i­ous coun­tries.

Ly­onpo fur­ther said that the In­ter­na­tional Trade Fair is or­ga­niz­ing par­al­lel events such as the ‘4th The­matic Ex­hi­bi­tion on In­dian Handi- crafts’, in col­lab­o­ra­tion with the Bodoland Re­gional Apex Weavers and Ar­ti­sans Co­op­er­a­tive Fed­er­a­tion Limited, Assam which is one of the clos­est and friendli­est neigh­bors state of In­dia.

This ex­hi­bi­tion would not only pro­vide a plat­form for ar­ti­sans and crafts­men from abroad to showcase their prod­uct de­signs and tech­ni­cal skills, but would also give an op­por­tu­nity for lo­cal par­tic­i­pants to learn and make best use of the skills that are be­ing demon­strated by the ar­ti­sans, said the Ly­onpo.

“I must men­tion that the Royal Gov­ern­ment of Bhutan at­taches high im­por­tance to the de­vel­op­ment of the pri­vate sec­tor and, to this end, a num­ber of poli­cies such as the Eco­nomic De­vel­op­ment Pol­icy, Fis­cal in­cen­tives, For­eign Di­rect In­vest­ment Pol­icy have been adopted to at­tract in­vestors and in­ter­na­tional com­pa­nies to do business in Bhutan”, said the Ly­onpo.

Our gov­ern­ment is com­mit­ted to bring down the cur­rent rank­ing in the ease of do­ing business from some­where 162 to 100th place by the end of the Plan, Ly­onpo added.

Mr. Nar­mo­han Das from Assam who was in the fair with his silk prod­uct said, this is my first time par­tic­i­pat­ing in this fair. I par­tic­i­pated be­cause in our ar­eas we have many weavers who are work­ing very ear­lier in the hand loom but they don’t get their own mar­ket more­over they also don’t know about the price. So slowly I worked with them and I or­dered with dif­fer­ently items and th­ese items are sold in Eng­land, USA and to many other coun­tries where all the items are made of nat­u­ral dye on silk. There­fore I par­tic­i­pated in this trade fair.

The main ob­jec­tive for the trade fair and the the­matic Ex­hi­bi­tion on In­dian hand­i­crafts are to pro­mote In­ter­na­tional Trade and In­vest­ment, to cre­ate mar­ket link­ages for Bhutanese Prod­ucts, to cre­ate value chains of the Bhutanese prod­ucts specif­i­cally the prod­ucts of SMEs,

It also aimed to en­cour­age lo­cal com­pa­nies and in­dus­tries to learn from the In­ter­na­tional par­tic­i­pants, to cre­ate aware­ness on sources of equip­ments, raw ma­te­ri­als and prod­ucts for use by the Bhutanese en­trepreneurs, to cre­ate business link­ages be­tween Bhutanese houses and prin­ci­pal com­pa­nies from abroad, to cre­ate net­work be­tween business to business, to showcase Bhutanese cul­ture and tra­di­tion and To bring in FDI into the coun­try.

While, the prod­uct dis­played dur­ing the fair are Hand­i­crafts, tex­tiles, fur­ni­ture, wood par­ti­cle boards, house­hold items, jack­ets, elec­tron­ics, hand­looms, car­pets, health and fit­ness items, elec­tron­ics, gift items, stat­ues, shawl, health ser­vices, ed­u­ca­tion ser­vices, so­lar panel, so­lar power sys­tem, wood work­ing ma­chin­ery, kitchen ap­pli­ance, etc.

Mean­while, par­al­lel to the 5th Bhutan In­ter­na­tional Trade Fair, THE 4TH The­matic Ex­hi­bi­tion on In­dian Hand­i­crafts is also be­ing or­ga­nized by BCCI in col­lab­o­ra­tion with Bololand Re­gional Apex Weaver and Ar­ti­sans Co­op­er­a­tives Fed­er­a­tion Limited ( BRAWFED), BTC, Assam- In­dia with 40 stalls dis­play­ing In­dian Hand­i­crafts and a live demo by 10 master crafts per­son.

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