Export To Pakistan - Business News

KARACHI Japanese manufacturers to display their premium products to expand business in Pakistani market, says a press release.

Faisalabad-Romanian Consulate will be established in Faisalabad in near future said Romanian Ambassador Mr. Emilian Ion during a meeting with President & Executive committee at FCCI significant number industrialists and exporters were also present at the occasion.

Veysel Ciftci, head of Turkish business delegation during his visit to Islamabad Chamber of Commerce & Industry (ICCI) Said that Turkish businessmen are interested in supporting the private sector development by promoting economic co-operation between the business sectors of the two countries.

Pakistan's central bank cut its benchmark interest rate by a more-than-expected 1.5 percentage points to spur investment after terrorism and floods undermined economic growth.

Pakistan is suffering horrendous flooding again - and the world has been once more been accused of ignoring her plight. Meanwhile allegations of dastardly involvement in terrorism in Afghanistan make it to the world's front-pages, ensuring that one side to Pakistan is not forgotten.

Pakistan is suffering horrendous flooding again - and the world has been once more been accused of ignoring her plight. Meanwhile allegations of dastardly involvement in terrorism in Afghanistan make it to the world's front-pages, ensuring that one side to Pakistan is not forgotten.

Business leaders from India and Pakistan say there's new optimism about the efforts their governments are making to improve trade ties. But critics warn that overcoming decades of mistrust may not be that easy.

India and Pakistan have agreed to work towards introducing a liberalised business visa regime to improve business travel between the two countries. This was agreed between the two countries at a Ministerial level meeting held between the Ministers of Commerce of both countries in New Delhi. Makhdoom Mohammad Amin Fahim, Minister of Commerce, Government of Pakistan, is currently leading a trade and industry delegation to India and is holding talks with his counterpart, Anand Sharma, Minister of Commerce & Industry, Government of India. The meetings' aim is to discuss ways to normalise trade relations between the neighbours and increase bilateral trade, which is currently pegged at USD 2.7 billion P.A. to USD 6 billion in the coming years.

Pakistan-Australia Joint Trade Committee (JTC) is expected to meet in Australia by the end of October this year to evaluate and examine existing trade between the two countries while simultaneously seeking potential avenues to enhancing trade.

Dr. Asim Hussain, Federal Minister for Petroleum and Natural Resources has appreciated the cooperation extended by Polish Government in the Oil & Gas Sector. He was talking to the Polish Economy Minister and Secretary of State of Ministry of Foreign Affairs at Warsaw, Poland.

The United States of America stands for its commitment towards the economic and social well being of Pakistan and its community living in USA.

Pakistan, in spite of the economic, political, and social challenges remains a lucrative market for the fast moving consumer goods' business.

Muhammad Azhar Ali, factory manager for National Foods in Karachi, Pakistan, has a set work routine. At dawn he calls his production managers, who live in different parts of this sprawling city of 18 million on the Arabian Sea, to find out whether outbreaks of violence have rendered any areas dangerous.

The British government is committed to a long-term, productive and friendly partnership with Pakistan. The United Kingdom views Pakistan as a long-term strategic partner and would continue to support all its endeavours aimed at expansion of trade relations between the two countries.

Chairman Coordination, Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Raza Khan, on Friday said Pakistan and China are bound together through various bonds and our friendship is to grow further in days to come.

Minister for Industries and Commerce of Sri Lanka, Rishad Bathiudeen, on Wednesday said his country aims to boost economic, trade and commercial ties with a genuine friend like Pakistan.

President Asif Ali Zardari Thursday said Britain and Pakistan need to work closely to further enhance their partnership in diverse areas mainly in trade, investment with a view to eliminate militancy and terrorism from his country and promote peace and security of the region and the world.He was speaking to a delegation of British businessmen headed by Mr. Martin Donnelly, Permanent Secretary, UK Department of Business Innovation and Skills (BIS), who called on him this afternoon.Those who attended among others included representatives and CEOs of well known companies and business groups including Standard Chartered, Mott MacDonald, JCB, Shell, Lagan, Mabey Bridge and Bestway.

Romania Ambassador to Pakistan Emilian Ion has stressed the need to promote trade ties between Pakistan and Romania. These views were expressed by the Ambassador during his visit to Rawalpindi Chamber of Commerce and Industry (RCCI). The Ambassador was accompanied by Second Secretary Trigos Luca, says a press release issued here on Wednesday.

Tomas Dub, Deputy Foreign Minister of Czech Republic, has expressed hope that relations with Pakistan will get boost in the coming days and his recent visit to Islamabad would greatly contribute towards achieving that end.

Stressing the need to engage the youth of Pakistan in productive and progressive activities, a Pakistani official said that the planning commission has proposed a new growth strategy focusing on innovation, entrepreneurship and market economy. "A huge consideration is given to provide skill and employment to youth,"Dr.Erfa Iqbal, who coordinates the Prime Minister's development programme for Southern Punjab and is currently visiting the United States as an Eisenhower fellow, told students at Columbia University in New York.

A leading Chinese tractor manufacturing firm is mulling over setting up four production units overseas and Pakistan can be one of the choice countries for its investment because of an increasing demand of its farmers to adopt mechanized farming.

Despite the devastation caused by floods of previous year and the constrained availability of energy, the economy has been showing distinct signs of recovery, according to Business Barometer released by the Pakistan Institute of Development Economics (PIDE) here Monday.

Trade between Pakistan and Malaysia increased by 34 per cent in 2010, totalling $2.5 billion, compared with volume of $1.86 billion in the previous year, according to Pakistan's High Commissioner to Malaysia Masood Khalid.

Ambassador of Norway to Pakistan Robert Kvile has said his country is holding an international conference on business opportunities in Pakistan, which will help boost trade and attract new investments.

UK businesses are being urged to "look beyond the headlines"and invest in Pakistan.

The European Union's efforts to provide assistance to Pakistan's economy through trade concessions following the floods have passed through the European Parliament.

Pakistan and Kyrgyzstan on Tuesday agreed on reviving the four-country transit trade pact and making it effective in a bid to strengthen regional economic cooperation. Prime Minister Syed Yusuf Raza Gilani and his Kyrgyz counterpart Almazbek Atambaev at a joint stake-out following a round of formal talks, agreed to remove obstacles for smooth and effective functioning of 'Quadrilateral Traffic in Transit Agreement' (QTTA) signed between Pakistan, China, Kyrgyzstan and Kazakhstan in 2004.

Brazil intends to invest in the energy sector of Pakistan and is willing to extend cooperation to invest in Biofuel and Ethnol aimed at meeting with the present energy crisis.

South Africa is keen to build partnership with Pakistan on the basis of South-South cooperation policy of the country and would like to increase interaction between the two governments and business communities.

The Karachi Chamber of Commerce and Industry (KCCI) and the Confederation of Businessmen and Industrialists of Turkey (Tuskon) have signed a Memorandum of Understanding (MoU) for cooperation.

Pakistan's China connection Islamabad has understood Beijing's new obligations as a world power and adjusted its strategic expectations

Pakistan's most destructive floods are a "temporary setback"and won't have a bearing on the nation's credit rating, Standard & Poor's said even as the government predicted the disaster will hurt growth.

AllWorld Network, an organization working for promotion of entrepreneurship in developed and developing countries, launched "Pakistan Fast Growth 25" here today in collaboration with Islamabad Chamber of Commerce & Industry . NGOs, business & media representatives attended the launching ceremony.

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