ISLAMABAD/Karachi  - Federal Minister for Commerce Engr. Khurram Dastgir Khan has said that MoUs worth $1.3 billion have been signed at the Expo Pakistan 2015 making it a resounding success as all the targets set for the Expo have been achieved.

He said that 1200 representatives from 72 countries visited the Expo and expressed their keen interest in Pakistani products showcased by companies from all over Pakistan.

The Minister said that Expo Pakistan 2015 was specifically distinct in its essence as the Ministry of Commerce (MoC) and Trade Development Authority of Pakistan (TDAP) encouraged women entrepreneurs to participate in the Expo and exhibit to the world the latent potential Pakistani women possess. He further said that as a policy initiative the MoC will promote representatives from lesser developed parts of the Pakistan to participate in the next Expo so that the benefits of economic prosperity may be distributed evenly.

Dastgir was of the view that massive participation of foreign representatives in the Expo is very heartening and an irresistible sign that the law and order situation in the country has improved considerably and the perception of Pakistan as a peace-loving nation is emerging as a result of successful ongoing operation against terrorism.

Meanwhile, over 750 foreign buyers/ importers from 77 countries have visited Expo Pakistan 2015 while 571 exhibitors across the country have setup their stalls at Expo Pakistan 2015 organised by Trade Development Authority of Pakistan (TDAP) under the Ministry of Commerce.

Around 3,365 Business to Business (B2B) interactive initial or extensive meetings were held between the foreign buyers and the Pakistani exhibitors/ manufacturers. The data provide by the TDAP shown six MoUs worth $12 billion were signed during the Expo Pakistan. Moroccan company signed MoU with M/s. Baluchistan Wheels for supply of RIMs worth $1.1 million, Gems & Jeweler Trade Association of China signed an MoU with Pakistan Gems & Merchant and Jewellers Association, Taasho Enterprises, Bangladesh and M/s. Roshan Enterprise of Pakistan signed MoU for supply of fruits and vegetables worth of $3.36 million, Saudi Company has signed an MoU with a Pakistani company for supply of tents & canvas worth of $6 million and Bangladeshi firm also signed an MOU with Sialkot based firm Malik Sports worth $2 million.

The Federation of Argentina Chamber of Commerce for Asia Pacific signed an MoU with FPCCI.

FPCCI President Mian Muhammad Idrees and KCCI President Iftikhar Vohra extended full support to Expo and remained present along with senior management of FPCCI / KCCI in the exclusive hall allocated to FPCCI & KCCI for all business meetings.

TDAP setup a B2B Secretariat to coordinate and conduct all high profile meetings and business interactive meetings during Expo Pakistan 2015.