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Report Writing on Trade fair

Writer's picture: Fakhruddin BabarFakhruddin Babar
Trade fair Ends

Staff Reporter, Dhaka, July 5, 2018: The month-long 19th Dhaka International Trade Fair (DITF)-2018 ended on Monday with a declining spot order despite all-out efforts to make it a business Bonanza (a sudden opportunity to make money).

Traders from India, China, Pakistan, Malaysia, the UAE, Singapore, Thailand, the US and Turkey took part in the fair, according to Export Promotion Bureau. A total of 480 stalls, pavilions and mini pavilions have been allotted to local and foreign companies. The fair was co-organized by Export Promotion Bureau in association with the commerce ministry.

The fair earned almost 50 percent less than the amount earned in previous year. Last year, the DITF fetched Tk 157 crore spot order. “We have completed this year’s fair successfully,” said Shuvashish Bose, vice chairman of Export Promotion Bureau, saying that the fair received a total of Tk 80.44 crore spot order.

Commerce minister Tofael Ahmed announced closing of the DITF- 2018 on Monday. The Honourable Minister expected that the country’s export earnings will reach US$ 50 billion by next five year. Thanking all for completion of the DITF 2018 in a successful manner, he urged to the local participants of the fair to move ahead the country’s export business through utilizing the experience of this fair.

Usually, the fair starts at the very first day of the year. Prime Minister Sheikh Hasina inaugurated the fair at Sher-e-Bangla Nagar in the city, on January 11, 10 days after the schedule mainly for political turmoil. Initially the organizers were apprehending low sales and fewer visitors due to political unrest between the rulling party and the opposition.

However, the scenario had started reversing few days after commencing the fair with improved political situation.

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