ISLAMABAD: Keeping in view the importance of Small and medium-sized enterprises (SMEs), the Ministry of Commerce (MoC) vigorously pursues overseas promotion of products of small and medium sized manufacturers of the country.
Like other developing countries, Pakistan’s economy is also largely based on SMEs because Small and medium enterprises (SMEs) are essential for the economy of every country, particularly for developing economies.
While giving a brief outlook of the activities carried out by the Trade Development Authority of Pakistan (TDAP), it was stated “15% quota has been reserved for new exporters and women entrepreneurs for their participation in international trade fairs/exhibitions and delegations visiting abroad and women entrepreneurs are being supported by providing 50% subsidy in participation fees for their visits abroad”.
The Trade Development Authority of Pakistan also organized participation of Towel Manufacturers & Exports Association in Textile Arabia in March last year in Jeddah, Saudi Arabia, and seven SMEs representatives participated.
“Centre for the promotion of Imports (CBI), Dutch agency of the Netherlands Ministry of Foreign Affairs in collaboration with TDAP selected 17 Pakistani SMEs companies to provide counselling and support to get maximum benefit for GSP+ Program run by CBI” the sources said. TDAP regularly participates in the International Exhibitions/Trade Fairs abroad to showcase Pakistani products.
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