13th SAARC Trade Fair Begins…..
T he minister of Economic Affairs Lyonpo Lekey Dorji graced the opening ceremony of five days of 13th SAARC Trade Fair on 8th of September 2016 at Changlingmithang Stadium parking. It is organizing by Bhutan Chamber of Commerce and Industry (BCCI) with supports of Ministry of Economic Affair (MoEA). Honda Dhejung and Samden vehicles are sponsors of this event.
This is the second time that Bhutanese is organizing this event in the country. The main objectives of the program are to provide trade and investment, promote business to business contact, and people to people contact.
Aum Phub Zam, President to BCCI said, “it is to provide trade and investment promotion platforms and for participant from South Asia Association of Region Cooperation (SAARC)”.
A total of 117 companies from four member countries are participating in less than a week program. Nepal with 68 has the highest participation, India with 52, Bhutan 44 followed Bangladesh with 13 numbers which is the minimum. Machineries and equipment, electronic items, handicraft and textile, homemade furniture and food products are the commodities that are being exhibited. Besides that there are stalls for health and education services also.
The Economic Affairs minister Lyonpo Lekey Dorji said, “Study indicates South Asiahas onefifth of the world population but our intra-regional trade is less than five percent compared with 50% for East Asia and 30% for South East Asia”. He also mentioned the causes of trading system that is happening is more than that of other regions like high level of protectionism, insufficient infrastructural, variable logistic efficiency, not existence of harmonious customs procedures and documentations.The representatives of other membership countries states about needs of connectivity and trust among membership countries..
Pema yangden, a student of Motithang Higher Seconday School said, “I enjoy every international show and I am in hurry to attain program, mostly the clothes”. Moreover the food stalls is most interesting. She added.
Dechen, 31,“I am attaining every trade show at Thimphu coming all the way from Paro to get clothes for children and housing items hopping for lower prices of commodities and I came this time too”.
Ashok Singh from Alpha Association in Siliguri from India said, “We came all the way from India and the costing of transportation, fooding, lodging and even the rent of stall have to pay. So no doubt the price of some commodities will be 20 to 30 percent high as compared to Bhutanese markets”. But the people will have advantage of getting new fashionable products. He added.
The five days event will be closed on 12th of September 2016.