Tibetan girls choose Nepalese accessories during a trade fair between China's Tibet Autonomous Region and Nepal at the Mt. Qomolangma Exhibition Center in Xigaze, in southwest China's Tibet Autonomous Region, Sep. 3, 2009.
The trade fair is expected to further boost Nepal's trade relations and cultural exchanges with China, said Purushottam Ojha, secretary of the Nepalese Ministry of Commerce and Supplies, at the event's opening ceremony.
"It will enhance the two countries' traditional friendship, expand trade and promote economic and technical exchanges," said Deng Xiaogang, vice chairman of Tibet's regional government.
The Nepalese ministry signed a memorandum of understanding with Tibet's regional government Wednesday, which said the two sides would establish a trade coordination committee to promote trade and investment by simplifying procedures in customs clearance, transportation and other aspects.
The committee will meet annually in Lhasa and Kathmandu by turns and the first meeting will be held in six months, according to the MOU.
Last year, Tibet's Zham Port on the China-Nepal border handled 243 million U.S. dollars worth of two-way trade.
