KARACHI: A Trade Development Authority of Pakistan (TDAP) said during Expo Pakistan 2015, a total of four memorandum of understandings (MoUs) with Bangladeshi, Moroccan, Saudi Arabian and Chinese companies worth $17 million have so far been signed.
He added that foreign buyers placed orders worth $10 million with local agri traders whereby the local suppliers will supply various agro foods to Bangladeshi firms. “More orders are likely to be booked by participants from various countries before the end of the expo,” he added.
More than one billion dollars of export orders would be generated during the exhibition, TDAP chief SM Muneer had earlier said. Since one day is left for the four-day fair on which the TDAP spent more than Rs140 million, the chances of achieving the targeted export orders are little gloomy. Though buyers appreciated the opportunities they have to attract foreign investments and enhance exports, yet a few of them criticised the TDAP’s performance for making not enough effort to hold and professionally market the event.
