KATHMANDU: President Bidya Devi Bhandari has inaugurated the fifth Nepal International Trade Fair 2016 amidst a special function organised here on Thursday.

Stating that the fair would play a key role in expansion of trade relations in South Asia, President Bhandari said that national economy should be uplifted by giving more priority to the domestic products in between the opportunity and challenge of modernisation and liberalisation.

She stressed the need to attract foreign investments and increase exports when the new constitution is leading the country towards the economic development by ending political transition.

With the slogan ‘Promotion of Nepal-made products, building of prosperous Nepal’, the five-day fair is organised by the Ministry of Commerce and Supplies and FNCCI.

Fair coordinator Keshab Raj Pandey said that there are 350 stalls showcasing handicraft, technological products as well as agricultural tools in the fair.

Similarly, other different products made in Nepal, India, China, Bangladesh and Pakistan among others, are also put on display.