KARACHI: The textile goods made and produce in Pakistan have no comparison with the same being produced in India and Bangladesh.
This was stated by British Deputy High Commissioner and United Kingdom’s Trade and Investment Board Director John A Tucknott in a luncheon reception organised by Korangi Association of Trade and Industry (KATI) in his honour.
During the programme, the British deputy high commissioner said that 18 percent increase was being witnessed in the trade volume in the year 2014 between Pakistan and the UK.
KATI President Rashid Ahmed Siddiqui, Senator Abdul Haseeb Khan, Gulzar Feroze, FPCCI Vice President Shah Nawaz Ishtiaq, Abdul Sami Khan, Zubair Chhaya, Syed Farukh Mazhar, Syed Johar Ali Qandhari, Ehtesham Uddin, Akbar Farooqui, Munir Sultan and others attended the event.
On the occasion, John Tucknott said that the British government wants prosperous Pakistan and the British companies working in Pakistan are willing to enhance the economic growth of Pakistan. He said that more companies in other sectors like mining, oil and gas are willing to invest in Pakistan due to its 100 percent profit policies for attracting foreign investors.
On the occasion, Trade Development Authority of Pakistan (TDAP) CEO SM Muneer said that for first time the TDAP is going to organise ‘Al-Ashan Pakistan Exhibition’ in London this coming June , so that the people and traders of the UK could see Pakistani products.
He further said that the the British prince would also witness the exhibition, adding that the TDAP was working hard to enhance the export volume of Pakistan and making all out efforts to promote Pakistani goods in the UK and other European countries.
On the occasion, Rashid Ahmed Siddiqui said that there is a room for improving Pakistan exports to the UK and European countries after getting the status of GSP Plus.
He said that exchange of delegations and exhibitions between two countries are necessary to improve the trade volume between the UK and Pakistan.
Senator Abdul Haseeb Khan said that Pakistani pharmaceutical sector is exporting its products to more than 30 countries of the world; therefore, it is imperative for Britain to pave the way for trade of herbal medicine, because Pakistan is a key player in this sector.
Former chairman of KATI Gulzar Feroze said that the export of leather products is reducing with each passing day, which needs to be addressed.
