Utility Stores providing quality items on cheaper rates

ISLAMABAD (PR): Utility Stores Corporation is providing the highest quality products at the lowest prices in the market, spokesman Wajid Ali Khan said Friday. The Corporation has taken necessary measures to provide highest quality products to the public across the country. MD Utility Stores Mathar Niaz Rana is currently improving the administrative and operational issues of the corporation. He is also working on the betterment of the corporation’s sales and rapid supply of quality items to the Utility Stores. In this regard, he is meeting with different vendors and suppliers to get extra discount for the benefit of public on different items. “Due to these efforts, public will avail extra discount on standard and quality products like sugar, flour, pulses, tea, rice, cooking oil and other necessary items.” Wajid further added that Utility Stores is providing quality items on cheaper rates than the market.


Consultative sessions on STPF held


KARACHI (Staff Reporter): Ministry of Commerce and Textile, Trade Development Authority of Pakistan and USAID jointly organised consultative sessions for formulating Strategic Trade Policy Framework (2018-23) with stakeholders. The first consultative session was held at a local hotel, which was chaired by Secretary Commerce, Mohammad Younus Dagha. The representatives from FPCCI, KCCI, KATI, PLGMEA, PTA, KWCCI, Landhi Association, APFEA and other trade associations attended the consultative sessions and put forward their proposals for incorporation in upcoming STPF 2018-23. All stakeholders including chamber of commerce and trade associations will be consulted and their proposals will be solicited which after due consideration by MOC will be made a part of upcoming trade policy (2018-23). The objective of theses consultative sessions is identification of issues from stakeholder’s viewpoint –which affects the industry and exports from Pakistan and coming up with elaborate trade policy which could benefit the trade in the long run. 

The consultative session will also continue on Saturday, where the representatives from around 42 trade associations, joint chamber of commerce and academia have been invited. More consultative sessions will also be held in Lahore, Multan, Sialkot, and Faisalabad for consultation with stakeholders.




Exports of surgical goods, medical

instruments surge 14.03pc

ISLAMABAD (APP): The exports of surgical goods and medical instruments during first five months of current financial year increased by 14.03 percent as compared the exports of the corresponding period of last year. During the period from July-Nov, surgical goods and medical instruments worth $157.66m were exported as compared the exports of $137.745m of the same period last year. Country earned $38.222m by exporting cutlery goods as against the exports of 32.640m of same period last year. During the period under review, chemical and pharmaceutical products worth of $451.333m were exported as compared to exports of $337.457m of same period of last year, showing an increase of 33.75pc. From July-Nov, about 190,084 metric tons of fertilizer valuing $41.469 m was exported as compared the same period of last year. About 68,821 metric tons of plastic material valuing $100.81m was exported as compared the exports of 72,902 metric tons valuing 87.633m of same period of last year.


Meanwhile, country earned $226.174 million by exporting the other chemicals, which was recorded at $159.169 million of same period last year.



CPEC road to economic development, prosperity: Rana Afzal

ISLAMABAD (INP): Minister of State (MoS) for Finance and Economic Affairs, Rana Muhammad Afzal Khan has said that China Pakistan Economic Corridor (CPEC) is the road to economic development and prosperity; not only for Pakistan and China but also for the whole region as it will bring economic opportunities for different countries in the region. Rana Muhammad Afzal Khan stated this while speaking as chief guest at the seminar "Belt and Road Initiative and Regional Development" jointly organized by Preston University and Institute of Peace and Diplomatic Studies here on Friday. The Minister spoke at length on the positive role that CPEC will play towards the strengthening of Pakistan's economy and added that the energy projects under CPEC will specially boost economic activities. He said that Pakistan has rendered countless sacrifices in the war on terror and waged a valiant struggle to eliminate the scourge of militancy. Pakistan's sacrifices should never be forgotten.

Pakistan, he said aims for a great future for the whole region.

Rana Muhammad Afzal Khan on the occasion also gave away souvenirs among participants and organizers of the seminar.

Earlier professionals and experts from different institutions gave detailed presentations on the significance of "Belt and Road Initiative and Regional Development".