dc.description.abstract | Nepal aggressively liberalized its foreign trade during the 1990s taking the aim to proliferate
its market with many countries. Nepal is known as more liberalized country in comparison to
other South-Asian nations. This research work is about the impact of International Trade
Fairs on the export of Nepalese Handicraft products. This study is based on the handicraft
products of Nepal. Handicrafts are third major export item of Nepal. These handicraft
products are exhibited in international trade fairs held in different continents of the World.
This paper aims to study the effectiveness of international trade fairs as a promotional
activity for the expansion of Nepalese handicraft products in international market. It also
analyses the emergence of Nepalese trade to gain comparative advantage from its handicraft
industry. It also examines the position of the handicraft firms after participating in
international trade fairs. It analyzes the potential economic benefits from its handicraft trade
and the problems faced by Nepalese handicraft exhibitors while participating in international
trade fairs. This research is based upon the data available from 2004 to 2010 so, the analysis
part is confined within this period. To analyse the impact of trade fairs precisely, author has
taken a case about Nepalese handicraft products. Based upon the articles, journals and
research papers from different local and international organisations and the content analysis
done by author, this paper suggests that no significant improvements were recorded in the
overall productivity growth and spatial distribution of manufacturing which appear to be due
mainly to the lack of basic infrastructure and the shortage of skilled manpower. Nepal’s
participation in international trade fair is encouraging, but unavailability of proper
information and the location, inadequate government support in terms of funding,
cooperation, market intelligence, mode of payment for export, inconvenient and long process
of selection are some problems that the Nepalese exhibitors are facing in the process of
participation in international trade fairs. Nepal’s unrest political insurgency is hindering the
overall trade performance so, without solving the biggest problem of peace restoration and
state by rule, the potential benefits of liberalization should not be fully achieved. | en_US |