Foreigners sign MoUs for buying Pak products at Expo 2015 (The Nation (Pakistan))

  • admin
  • February 28, 2015
  • Comments Off on Foreigners sign MoUs for buying Pak products at Expo 2015 (The Nation (Pakistan))

Foreign delegates participating in the Expo Pakistan 2015 have shown interest in the Pakistani products and number of MoUs signed here on Friday.
The signing ceremony was attended by SM Muneer, Chief Executive and Ms. Rabiya Javeri Agha, Secretary TDAP.
An MoU has been signed between a Moroccan company, M/s Materials Agricolas Automobiles and Industries and Balochistan Wheels Limited for the purchase of tractor wheel rims. The Moroccan Company has agreed to purchase tractor wheel rims worth $1.1 million from Balochistan Wheels in the next eighteen months. Hassane Berkani, member of Moroccan Parliament were also present.
More buying orders are likely to be placed before the end of the Expo. It may be mentioned that an elevenmember delegation of prominent businessmen from Morocco is attending the 9th edition of Expo Pakistan 2015 being held at Expo Centre Karachi. The businessmen working in different sectors held a number of meetings with the exporters. Another MoU between Chinese and Pakistani Gems and Jewellery Association signed.
A strategic Cooperation Memorandum has been signed on Friday between Gems and Jewellery Trade Association of China (GAC) and All Pakistan Gem Merchants and Jewellers Association (APGPA). This step will enhance bilateral cooperation and will establish a winwin cooperation model. Pakistan has rich sources of precious gems and stones. Exchange of delegations, sharing of information and participation in trade fairs will open up avenues in ever expanding Chinese market. In addition to trade, there is a huge scope of promotion of allied industry like mining, finishing and jewelry making.
Yet another MoU by Saudi Company for purchase of tents and canvas cloth, a contract worth $6 million was signed for export of tents and canvas cloth from Pakistan to Saudi Arabia between Abid Hassan Sabri of AlFarooq Enterprises, of Pakistan and Abdullah Muhammad, AlGhamdi Trading Estate of Saudi Arabia. Ghamdi expressed his confidence in the Pakistani product and hopes to double the tent order in next year.
Meanwhile, officially staged by the Japan External Trade Organisation (JETRO), JETRO Pavilion at 9th Pakistan Expo 2015 received an overwhelming response from the local business communities, investors, importer and traders who witnessed a wide range of modern, highquality Japanese products and machineries on show.
Including newlyintroduced automobiles, electronics, industrial machinery, surgical instruments, home appliances, and retail items, etc., these madeinJapan products outpaced the rest of the items displayed by other countries and regions here at the Pakistan Expo 2015, said a press release of JETRO. Set up in the prominent Hall 4 of the Expo Center, JETRO Pavilion appeared to be the highlyvisited exhibition area so far, showing unsurpassed reputations which Japanese companies have earned globally during last few decades.
Being held from February 26 to March 1 2015 at the Karachi Expo Centre, Pakistan Expo tends to be the country’s biggest trade fair.