After a six-year gap, the International Trade Fair is back in the capital. The five-day event, which began yesterday, showcases a wide range of handicrafts, household items, and garments from Nepal, India, and Bhutan. The event intends to help both international and local entrepreneurs expand their networks and foster economic growth.
With nearly 150 stalls, including around 70 from India, 50 from Nepal, and 30 local businesses, the fair is a hub for both local and international products.
“Around 200 participants who have brought their products to the event are staying at local hotels, and they are required to hire local vehicles for transportation. This ensures that the event significantly benefits local service providers,” said Chencho Nidup, Organiser of Druk Events.
Foreign companies selling their goods at the fair have to pay taxes ranging from Nu 5,000 to 70,000. Stallholders are required to pay rent between Nu 5,000 and 10,000 for the duration of the event.
“It is a great opportunity. We have been able to meet wholesalers here who are eager to connect with us for future business,” said Kimchi L B Shrestha, Nepal.
“If trade fair like this could be organised in other districts, it would greatly benefit both customers and entrepreneurs,” said Sonam Gyeltshen, Thimphu.
“We receive very few customers in Chapcha as it is in a remote location. We came here to grab the opportunity and we are thankful for it,” said Gyem Lham, Chhukha.
With quality assurance from the Department of Trade, the fair ensures to deliver an enriching experience for all attendees while fostering economic growth for local businesses.
The fair organised by Druk Events will end on Sunday.
Namgay Dema,
Edited by Phub Gyem
