LAHORE - The Lahore Chamber of Commerce and Industry in collaboration with the Punjab, Haryana and Delhi Chamber of Commerce and Industry is organizing its first-ever Pakistan Show at Trillium Mall, Amritsar, from May 8-12, 2014.
This was stated by LCCI President Engineer Sohail Lashari while addressing a press conference here at the LCCI on Monday. He said that a large business delegation comprising leading members of various chambers in Pakistan will also be participating in the Pakistan Show 2014.
The five-day mega event also features cultural shows where prominent Pakistani singers would be performing. The positive vibes will translate into a significant leap in transactions and flow of goods across the border.
Trade has already accelerated with the formal exchange of goods between India and Pakistan increasing from $250 million in 2003 to $2.4 billion in 2014, showing an annual growth rate of 25 percent in the last 10 years. Experts quote the potential trade between the two nations to be as high as 10 times the current value. The show, while aiming to showcase the best of Pakistan in the 21st century, is also a conscious effort to build the bilateral relations.
To serve this purpose, a strong presence of Pakistan industry has been ensured with more than 90 Pakistani companies representing sectors as diverse as basic and value added textiles, agriculture and allied services, healthcare, gems and jewellery, steel industry, warehousing, construction equipments, jute products, wedding concepts and consumer durables.
The Pakistan Show in Amritsar offers manifold benefits to all stakeholders. It has the potential to expand trade networks between India and Pakistan, bringing down costs, generating employment and expanding regional trade. It offers a gateway to a huge potential market in the region, an opportunity for businesses on both sides to explore investment and joint ventures and a valuable platform for forging business linkages in the region.