RCCI delegation calls on Canadian HC

 

RAWALPINDI (Staff Reporter): A five-member delegation of Rawalpindi Chamber of Commerce and Industry (RCCI), led by President Zahid Latif Khan, called on High Commissioner of Canada Perry Calderwood in his office on Friday, informed chamber spokesman. While talking to the RCCI delegation, the Canadian High Commissioner appreciated the role of RCCI in promoting trade activities through exhibitions. Canadian high commissioner said that his country gives great importance to its relations with Pakistan, and wants to further promote trade and economic ties. Exhibitions are the backbone of any country for promoting bilateral trade relations and regional trade, he said. He assured his full cooperation and assistance for promoting trade delegations between the chambers. RCCI chief, on this occasion, gave a short briefing on RCCI key initiatives, exhibitions, trade fairs, industry-academia linkages and Women Business Incubation Center (WBIC). He invited Canadian High Commissioner to the chamber.

He also informed that RCCI recently signed a memorandum of understanding (MoU) with Canada-Pakistan Business Council (CPBC) aiming to promote bilateral trade ties and mutual benefits of the business communities of the both countries. The delegation included Senior Vice President Nasir Mirza, Vice President Khalid Farooq Qazi, former senior vice president Rashid Waien and vice chairman exhibitions Khurshid Berlas.

 

 

Pakistan, Belarus to collaborate in renewable energy sector

ISLAMABAD (APP): Pakistan and Belarus will soon sign a memorandum of understanding for establishing a center of excellence in the field of renewable energy in Pakistan. This was decided during a meeting held between Ambassador of Belarus Andre Ermolovich and NAVTTC Executive Director Zulfiqar Ahmad Cheema at NAVTTC office on Friday. The meeting aimed at enhancing linkages and cooperation in technical and vocational sector between Pakistan and Belarus. Speaking on the occasion, Zulfiqar Cheema briefed the ambassador on the milestones achieved by NAVTTC in bringing a paradigm shift in TVET delivery in Pakistan. He said youth had the power to lead the country on the path of socio-economic development. Job markets all over the world were looking to hire qualified workers so there was an urgent need to explore this demographic dividend for the benefit of the nation, he said. “We are looking forward to learn and benefit from the best practices of Belarus”, he expressed.

He said the offer of Belarus to provide heavy machinery for agriculture and construction sector was a welcome step to boost the TVET sector of Pakistan.

The ambassador said 60 percent of young population was a valuable treasure for Pakistan. He informed that Belarus was world famous for its heavy machinery especially tractors’ production.

Assuring of his cooperation, he said Belarus would provide heavy machinery equipment and tractors to the technical institutes of Pakistan.

 

 

 

Cars, jeeps production surges by 31pc

 

ISLAMABAD (APP): The production of jeeps and cars surged by 31.37 percent during the first quarter of the current fiscal year against the output of the corresponding period of last year. As many as 57,642 jeeps and cars were manufactured during July-September (2017-18) against the output of 43,878 units during July-September (2016-17). The production of light commercial vehicles (LCVs) also increased by 2.28 percent by growing from the output of 7,018 units last year to 7,178 units during the current fiscal year while the output of motorcycles surged by 24.78 percent by growing from 555,952 motorcycle units last year to 693,709 units in the ongoing year. The production of trucks during the period also increased by 36.37 percent, from 1,798 units to 2,452 units while the output of tractors increased by 115.81 percent, from 7,237 to 7,237 units, the data revealed. The automobiles that witnessed negative growth in production during the period under review included buses, production of which declined from 372 units to 294 units, showing negative growth of 20.97 percent.

Meanwhile, on year-on-year basis, the production of jeeps and cars increased by 27.09 percent, from 14,513 units in September 2016 to 18,444 in September 2017.

The production of LCVs increased by 5.47 percent during the month under review by going up from 2,230 to 2,352 while the output of motorcycles increased from 186,939 units to 219,820 units, showing growth of 17.59 percent.

The production of tractors and trucks during the month also increased by 117.61 percent and 52.50 percent respectively. The production of tractors increased from 2,453 units during last September to 5,338 in September 2017 while the output of trucks grew from 600 units to 915 units.

The production of buses during the month under review decreased by 20.34 percent by falling from output of 118 units last September to 94 units during September 2017, the data revealed.

 

 

STP officers visit PAAPAM head office

 

LAHORE (Staff Reporter): A group of 21 trainee officers from the Ministry of Commerce belonging to 24th Specialised Training Programme (STP) visited Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Head Office on Friday. Field visits are an important part of their training programme which helps the trainee officers get acquainted with the working of trade organisation which leads to better understanding of the problems faced by the business community. PAAPAM Former SVC Saeed Iqbal Khan and Managing Committee Member Basharat Javed Awan welcomed the group. Highlighting the role of Pakistan Association of Automotive Parts and Accessories Manufacturers in development of auto industry Saeed Iqbal Khan briefed the trainee officers about the history of automotive industry’s emergence, right from the year 1959, its growth and rapid development to the present status where up to 70 percent of cars & HCVs parts, 90 percent of tractors, motorcycles and three-wheeler parts are being produced locally.

He further told trainee officers of the challenges and opportunities being faced by exporters in the supply chain and marketing their products. He asked trade officers in what way they can assist in the countries where they are posted/accredited. The Original Equipment Manufacturers (OEM’s) include SUZUKI, TOYOTA, HONDA, HYUNDAI, HINO, NISSAN, ISUZU, DAEWOO, FAW, MASSEY FERGUSON, and FIAT.