Two-day auto show from 30th

LAHORE (Staff Reporter): After successfully hosting the Annual Auto Show at the Port Grand in Karachi, Pak Wheels is set for its next big show. Pak Wheels is organizing a 2-day auto show from 30th Nov – 1 Dec 2013. To be held at the Rawal Lake Pakistan, this would be the very first auto show in Pakistan to go on for 2 whole days.  The event will comprise of a karting championship, movie screenings and other activities for families. Shell Helix is the platinum sponsor for this auto show whereas Warid Glow has signed on as the diamond sponsor. Pak Wheels hopeful that this event will help portray a better image of Pakistan in international media as well as provide for a family entertainment avenue for locals.

With over 50,000 expected visitors, Pak Wheels is committed to provide locals with healthy recreational activities and platforms to express passion for automobiles.

Implementation of Pak-China FTA

BEIJING (APP): A Pakistan’s delegation currently on a visit to China held negotiations with their Chinese counterparts on Free Trade Agreement (FTA). The Pakistani sides comprising a 3- member delegation led by Ministry of Commerce included representatives of FBR and Textile Division met with their counterparts in CPFTA. Mr Yao, DDG Mofcom welcomed the delegation. A detailed evaluation on the implementation of 1st phase of tariff reduction was undertaken by both sides, said a diplomatic sources. Discussions were also held on provisions of FTA covering exchange of information, standards and compliance issues related to food and agricultural products, he further elaborated. 

“Both sides agreed to fully engage on issues of interest for bilateral cooperation in trade promotion,” he noted.

Training for wheat growers

FAISALABAD (APP): The agriculture department is going to start second phase of training programme for wheat growers in the district.  A spokesman of the Agriculture (Extension) department said here on Friday that under the programme, training workshops would be arranged in 809 villages of district Faisalabad. Agriculture experts would impart training to wheat growers how to adopt modern techniques for getting maximum yield of wheat with minimum input.  In this connection, 27 teams comprising agriculture experts and other staff have also been constituted to conduct the training programme in a befitting manner, he added.

Pak firms at ATF Expo in Cape Town

ISLAMABAD (APP): Nine companies, under the umbrella of TDAP, representing an array of  trade sectors would  participate in Apparel, Textile, Footwear & Machinery  Trade Exhibition (ATF) Expo, being held in the port city of Cape Town, South Africa from November, 20-22.  According to a press release of High Commission of Pakistan South Africa reaching here Friday, ATF is South Africa’s only sourcing show for the clothing, textile & footwear industries.   The main objective of the event is to offer manufacturers, suppliers & service providers in these industries a truly effective opportunity to reinforce business with South African buyers,  establish new contacts in Africa & to explore various other global trade opportunities. 

It is expected that ATF will attract over 3,300 trade professionals and more than 120 exhibitors from over 10 countries. Cape Town is the ‘Retail Headquarters’ of these industries. 

ATF has been organized regularly for the last 12 years and attracts companies from different countries across the world including competitors of Pakistan like Bangladesh, China and India. 

In terms of participation by the exhibitors most of the exhibitors are international exhibitors whereas the buyers are mostly from South Africa and neighbouring African countries.  South Africa has limited number of buyers however due to their monopoly they are involved in huge buying which sometimes runs in billions. Pakistani exports are on rise in Sub-Saharan African countries including South Africa, Mozambique, Botswana etc.

Concurrently, High Commission of Pakistan will be holding a seminar in  Cape Town on November 20, on doing business with Pakistan. All the leading chain stores, importers and businessmen will attend the seminar.

In the seminar, South African delegates, who recently attended Expo, 2013 in Karachi will share their experiences of the Expo, travel to Pakistan and business opportunities available in Pakistan.

Qamar Zaman, Commercial Secretary would give a detailed briefing to the participants on the commercial vibrancy of Pakistan, its export products, investment opportunities etc.  Export of Pakistan to South Africa has increased from US$ 268 million to US$ 280 million. The exports of Pakistan to Mozambique have grown to US$  100 million from US$ 70 million over the last financial year. 

Therefore, TDAP is further converging efforts to gain bigger share. At the moment, the share of Pakistan in the overall South African imports of more than US$ 103 billion is negligible. However, Sub-Saharan African Countries are increasingly becoming a potential market having tremendous opportunities for growth for the Pakistani exporters. 

Efforts to achieve growth

UNITED NATIONS (APP): Pakistan told a joint hearing of Inter-Parliamentary Union (IPU) and the UN General Assembly that Islamabad would make every effort to achieve sustained economic growth to set the country on the path to progress and prosperity. “While planning for future, growth will remains an imperative for our country,” Syed Nayyer Hussain Bokhari, chairman of the senate and leader of Pakistani parliamentary delegation, said in remarks at the opening session of the annual event devoted to a discussion on the post-2015 development agenda. Bokhari said it was useful to look back and analyze the failures and achievements of the anti-poverty Millennium Development Goals (MGDs).

, as he drew attention to the situation of countries like Pakistan that faced special situations, circumstances and difficulties while pursuing the development goals.

He said efforts were being stepped in Pakistan that focus on several aspects of development, especially removing of inequality between the rich and poor, avoiding environmental damage and facilitate women’s participation in social, political and economic fields.

Other members of the delegation, which has a busy schedule, are: Senator Aitzaz Ahsan, leader of the opposition in the Senate, Farooq Naek, Senator Ilyas Bilour, Senator Babar Ghauri and a member of the National Assembly, Maryam Aurangzeb.