South Asia received $186 billion in remittances in 2023, one of the largest flows in the world. However:
- Transfer costs remain high at 5–6%
- Informal channels still dominate
- Digital financial literacy is limited
At the same time, there is growing interest among South Asians—both diaspora members and investors in the region—in exploring business and investment opportunities in the U.S.
This Fair addresses these challenges by promoting formal, secure, and cost-effective digital remittance channels while showcasing investment opportunities, market-entry pathways, and support mechanisms that encourage cross-border investment between the U.S. and South Asia.