An expo is being held in Nepal in partnership with China. The event aims at promoting trade between the two countries and strengthening people-to-people relations. There are 100 stalls in the expo, from both Nepal and China. Chinese companies are showcasing products like garments, electronic items, and accessories, among others, while Nepal is displaying products such as stone, wood and metal carvings, textile, jewelry and local garments.

Nepal feels it can benefit from Chinese technology and economic achievements and wants to grasp opportunities from the Belt and Road Initiative. China’s Belt and Road Initiative may help Nepal realize its dream of development and economic prosperity.

Besides the display and sale of products, the event also features cultural performances and fashion shows. Nepal, a land-locked and least developed country, needs the cooperation of neighbors, especially China, to upgrade its status to a developing country. Nepal seeks investment in sectors like hydropower, agriculture, trade related infrastructure, tourism, herbs and herbal products, natural resources and service.

China and Nepal are interested in enhancing cooperation, namely, strengthening policy coordination and consolidating mutual trust, expanding connectivity and sharing experience for economic development, promoting unimpeded trade, deepening the financial integration and constructing the road for innovation, strengthening the people-to-people bond for mutual learning.