The EPB organised the fair titled Bangladesh Trade Show in a move to narrow the trade gap with the kingdom, which is in favour of Nepal.

Thirty-six exhibitors who participated in 37 stalls during the three-day event from October 8, 2004 to October 10 hope to receive another US$ 1.20 lakh in follow-up orders.

Addressing a press conference, EPB Vice-chairman Mir Shahabuddin Mohammad said due to problems in customs and Banglabandh land port, trade with Nepal is below its potentials.

He said that yearly import from Nepal is worth US$5 million while export is only US$2.6 million.

Shahabuddin said the fair provided participants with showcasing their products and services before the targeted Nepalese customers and getting their feedback.

Quoting Commerce Minister of Nepal Ishwar Pokhrel, the EPB vice-chairman said the fair was a unique ground for businesses of both the countries to make new trade relationship and also increase trade between the countries.

Speaking at the briefing Shahabuddin said Bangladeshi pharmaceutical sector can enter Nepal market as there is huge potential of pharmaceuticals in the Himalayan kingdom.

Bangladeshi exhibitors displayed products including pharma-ceuticals, garment accessories, home textile, ceramic tiles, jute goods, melamine products, automotive battery, agro-based/food products, handicrafts, silk products, leather products, stationery, jewellery, cement, tourism, education and herbal beauty products at 37 stalls.

Presently, Bangladesh exports chemical fertilizer, pharma-ceuticals, readymade garments, melamine, plastic products and wooden furniture to Nepal while imports vegetable products, organic chemicals, textile and textile articles, machinery and mechanical appliances from Nepal.