New York- On September 30 through October 2, 2016, the World Business Management and Consultants will be hosting a trade show to highlight Nepalese business and imports to assist the country devastated by a 10 years civil war and the April 2015 earthquake.
New York, New York – World Business Management and Consultant, LLC, a company led by non-resident Nepalese, is organizing the Nepal Exhibition and International Trade Show. The event will run from September 30 through October 2, 2016 and will be held in New York City at Pier 92 located at 711 12th Avenue (52th Street & the West Side Highway). Nepal’s government agencies, social organizations, private industry council, and associations will be official project partners and supporters. More than 10,000 retail and prospective business customers are expected as the event.
The goal of the trade show is to facilitate a dialogue and promote business among all stakeholders from different areas of a market by creating a platform to showcase products and offerings from small and medium-sized enterprises from Nepal. The initiative strategically aligns with the Nepal Trade Preferences Bill, which was signed into law by President Obama. The bill grants duty-free tariff benefits for Nepali exports not currently eligible for benefits under the General System of Preferences and a trade capacity building program focused on helping Nepal implement the World Trade Organization’s Trade Facilitation Agreement. It grant duty-free tariff benefits for up to 66 types of items including certain carpets, headgear, shawls, scarves, and travel goods.
Available at the trade show will be Nepalese products including dairy products, handmade paper, spices, teas and coffees, fine arts, Gurkha knives, and items from hydropower and electricity industry, carpet industry, garment industry, tourism, hotel, pashmina products, handicraft goods, Himalayan Honey and more. For a full products list, visit the product gallery.
“We are proud to be strategically aligned with this U.S. initiative,” says Buddhi Prasad Regmi, chairman of the World Business Management and Consultant, LLC. “Our goals are long-term and bilateral. We hope to build trade that is mutually beneficial to consumers in the U.S. and suppliers in Nepal and elsewhere. We encourage American trade importers, buyers and all those in the U.S. to visit the exhibit to learn more about the quality products coming from Nepal.”
After a 10-year civil war, from 1996-2006, took an unprecedented toll on Nepal’s economy due to unstable social and political climate, the country was faced with a devastating 7.8 earthquake that struck on April 25 and a second earthquake that struck on May 12. More than 8,000 died, close to 20,000 were injured and 500,000 people were displaced needing long-term shelter and reconstruction on their homes, schools and places of business. Those in the country, however, remain resilient and optimistic.
Nepali entrepreneurs and business people are starting new and expanding existing businesses. Opportunities for domestic employment have begun to bounce back. With new the Constitution of Nepal, which came into effect on Sept 20, 2015, in place and a stable political climate there are many opportunities for dynamic economic growth, creating a new suitable environment for investors, entrepreneurs and business partners alike.
World Business Management and Consultant LLC is associated with the Greater New York Chamber of Commerce, Queens Chamber of Commerce, Hudson County Chamber of Commerce and Manhattan Chamber of Commerce. Sponsors and partners for the event also include The Federation of Nepalese Chambers of Commerce and Industry, Nepal Tourism Board, FNCSI, Nepal Association of Travel and Tour Agents, Embassy of Nepal, Trekking Agencies’ Association of Nepal, Nepal-USA Chamber of Commerce and Industry, Federation of Handicraft Associations of Nepal, Federation of Women Entrepreneurs Association Nepal, NCPA, Nepal Handmade Paper Association, Hotel Association Nepal, and Federation of Nepal Gold and Silver Dealer’s Association. New York City Mayor Bill de Blasio also recently sent a letter to the company in support of the event. To learn more about the Nepal Exhibition and International Trade Show and the vendors who will be present, visit WBMConsultants.com.
About World Business Management and Consultant, LLC
World Business Management and Consultant LLC is a consulting firm that specializes and has broad expertise in event management, immigration, abroad travel and other related services. In 2015 alone, the company managed 33 cultural programs in 22 states throughout the United States. Operating as a benevolent social enterprise, in 2015 some proceeds from the company’s programs went to disaster relief in Nepal through celebrities and the prime minister disaster relief account. For more information, visit WBMConsultants.com.