KARACIH: Member Customs Zahid Khokhar and other top officials of economic division has participated in the first Buying and Sourcing Houses Symposium, organised by Trade Development Authority of Pakistan (TDAP) in Karachi.
The symposium was also attended by Secretary Commerce Mohammad Younus Dagha, Board of Investment Executive Director General Fareena Mazhar, Secretary TDAP Inamullah khan, State Bank of Pakistan Director Muhammad Ashraf and Director General Trade Policy participated as panellists, while the representatives of buying houses of leading retail chains and international brands based in Pakistan were also present there.
Speaking on the occasion, Mohammad Younus Dagha, Secretary Commerce stated that the buyers and sourcing agents play an important role in enhancing exports of a country by acting as a bridge between manufacturers and foreign buyers. The latest international trends in products especially textile, leather and footwear are set by the sourcing agents as per demand of the foreign buyers. Ministry of Commerce has been in the process of formulation of Strategic Trade Policy Framework for the period 2018-23 and the objective of this symposium was to consult the buying and sourcing houses for the policy formulation.
The participants shared constructive proposals on how to make Pakistan an attractive destination for sourcing by the international buyers. It was proposed that the sourcing parks may be set up in the country where all facilities required by the buying houses are provided through a one-window facility.
