Delegation of State Trade Organization of Maldives Government flies back after visit of Pakistan

Karachi, March 02, 2018 (PPI-OT): The Trade Delegation of Maldives completed its four day visit in Pakistan on 28th of February. On their visit, the delegates had meetings with the Senior Management at TDAP and the business related business meetings/visits with leading pharmaceutical companies in Karachi.

On the conclusion of visit, the delegates have expressed complete satisfaction on extended hospitality, safety and security, business and investment. On their meetings with the leading pharmaceutical companies, the delegates said that they have shared their requirements with the companies and will place procurement orders in two phases. In the first phase, they will buy emergency medicines and in the second phase; they will place orders for routine medicines after signing contracts with the companies.

Conducting Officer from TDAP is of the view that the visit of the delegation changed perception of the delegates about Pakistan and hopefully, some very good procurement orders are expected from the STO Maldives after fulfillment of necessary formalities between the buyers and the sellers. Moreover, Trade Development Authority of Pakistan will continue to play its role in hosting such incoming delegations for promotion of trade and business as well as soft image of the country.

For more information, contact:
Director
Information and Communication Division
Trade Development Authority of Pakistan (TDAP)
3rd Floor, Block A, Finance and Trade Centre,
P. O. Box No. 1293, Shahrah-e-Faisal,
Karachi 75200, Pakistan
UAN: +92-21-111-444-111
Tel: +92-21-99206487-90, +92-21-99201526
Fax: +92-21-99206461, +92-21-99201526
Email: tdap@tdap.gov.pk, farooque.memon@tdap.gov.pk
Website: www.tdap.gov.pk

Two member delegation of State Trade Organization of Maldives Government calls on Secretary, Trade Development Authority of Pakistan

Karachi, February 26, 2018 (PPI-OT): A two member delegation of State Trade Organization (STO) of Maldives, which is on a four day visit to Pakistan these days, called on the Secretary, TDAP with a view to discuss with him the objective of their visit to Pakistan and get his advice as to how the same could be utilized with a view to meet their urgent procurement needs of pharma products from Pakistan.

While discussing the subject with the Secretary TDAP, the delegates informed the Secretary that Maldives imported Pharma products worth more than US $ 30 million last year, and the major bulk of these imports (almost 70%) were made from India. The government of Maldives is in acute search of diversifying their importing sources of pharmaceutical products, where the exporters could meet their quality requirements in this regard. The delegates informed that the Ambassador of Pakistan at Maldives has encouraged and facilitated them to visit Pakistan to meet our import needs in this regard from the country.

Secretary, TDAP informed the Maldives delegation that Pakistan has a modern and growing pharma industry, and Pharma export of the country last year were more than US $ 220. Sri Lanka is one of the major export markets of Pakistan in the sector where our exports are directed towards many countries in the Far East, Central Asia and Africa. The Pakistani pharma industry has some of the state-of-art pharma units which meet the international certification criteria and import standards of recognized world bodies. He wished them well to meet the pharmaceutical exporters and visit their pharma plants; and instructed the dealing officer of TDAP to accompany the delegation during their visit program in order to facilitate their interaction.

For more information, contact:
Director
Information and Communication Division
Trade Development Authority of Pakistan (TDAP)
3rd Floor, Block A, Finance and Trade Centre,
P. O. Box No. 1293, Shahrah-e-Faisal,
Karachi 75200, Pakistan
UAN: +92-21-111-444-111
Tel: +92-21-99206487-90, +92-21-99201526
Fax: +92-21-99206461, +92-21-99201526
Email: tdap@tdap.gov.pk, farooque.memon@tdap.gov.pk
Website: www.tdap.gov.pk

Media Brief for STPF 2018-23 Consultative Session at Quetta Chamber of Small Industries, Quetta

Quetta, February 09, 2018 (PPI-OT): The second consultative session of STPF 2018-23 by Ministry of Commerce and Textile, in collaboration with the Trade Development Authority of Pakistan especially Quetta was held at the conference room of the Quetta Chamber of Small Industries. The purpose of the session was to seek the suggestions for the trade policy of STPF 2018-23.

The Director of Trade Development Authority of Pakistan, Karachi Mr. Abdul Karim Memon briefed the participants about the previous STPFs, their background, and targets, current initiatives and goals of the STPF 2018-23. Major issues by the traders of the region were discussed which were non-issuance of the E-forms, Demand for trade of local currencies with Iran and Afghanistan, Quarantine Certificates, Request for Tax Relaxation, Support of the Government for introduction of Cultivation of Palm Trees in the coastal areas of Balochistan and Support for Women Entrepreneurs.

The traders appreciated the efforts of TDAP and Ministry of Commerce and Textile for considering consultation with the traders of Balochistan. They felt satisfied over the initiative of five-year plan strategy which is implementable. Shields were given to TDAP representatives by the QCCI.

For more information, contact:
Director
Information and Communication Division
Trade Development Authority of Pakistan (TDAP)
3rd Floor, Block A, Finance and Trade Centre,
P. O. Box No. 1293, Shahrah-e-Faisal,
Karachi 75200, Pakistan
UAN: +92-21-111-444-111
Tel: +92-21-99206487-90, +92-21-99201526
Fax: +92-21-99206461, +92-21-99201526
Email: tdap@tdap.gov.pk, farooque.memon@tdap.gov.pk
Website: www.tdap.gov.pk

STPF 2018-23 Consultative Session at QCCI, Quetta

Quetta, February 08, 2018 (PPI-OT): Ministry of Commerce and Textile Industry, in collaboration with the Trade Development Authority of Pakistan held a consultative sessions for the Strategic Trade Policy Framework 2018-23 with the traders and business community of the Quetta region. The first session was held in Quetta Chamber of Commerce and Industries. The Director Mr. Abdul Karim Memon briefed the participants about the previous STPFs, their background, and targets, current initiatives and goals of the STPF 2018-23.

Major issues of the region were discussed which were non-issuance of the E-forms, Demand for trade in local currencies with Iran and Afghanistan, Quarantine Certificates, Request for Tax Relaxation and Support for Women Entrepreneurs.The traders appreciated the efforts of TDAP and Ministry of Commerce and Textile Industries for considering consultation with the traders of Balochistan. The business people requested for especial consideration for Baluchistan being the less developed and they felt satisfied over the initiative of five-year plan strategy. Shields were given to TDAP representatives by the QCCI.

For more information, contact:
Director
Information and Communication Division
Trade Development Authority of Pakistan (TDAP)
3rd Floor, Block A, Finance and Trade Centre,
P. O. Box No. 1293, Shahrah-e-Faisal,
Karachi 75200, Pakistan
UAN: +92-21-111-444-111
Tel: +92-21-99206487-90, +92-21-99201526
Fax: +92-21-99206461, +92-21-99201526
Email: tdap@tdap.gov.pk, farooque.memon@tdap.gov.pk
Website: www.tdap.gov.pk

Seminar on REX System by European Union for Issuance of Certificate of Origin

Karachi, February 07, 2018 (PPI-OT): A new system for issuance of Certificate of Origin (COO) by beneficiary countries has been introduced by Europe Union (EU) to cover exports under the EU-GSP preferential tariff facility. Registered Exporters (REX) system will enable Pakistan’s exporters to issue the COO by themselves for 28 EU member states and also for Switzerland and Norway after their registration into EU’s REX database.

To educate the exporters about this new system, Trade Development Authority of Pakistan (TDAP) continues to organize seminars on REX System by European Union for Issuance of Certificate of origin. On 6th February, 2018, TDAP organized a Seminar on REX system in Hyderabad Chamber of Small Traders and Small Industry, which was attended by the representatives of all regional chambers, trade associations, exporters and potential producers. Mr. Kamal Shahryar, Consultant, TDAP gave an elaborate presentation covering introduction of REX, eligibility for registration, method to become a registered exporter, REX in Pakistan progress and benefits and scope of TDAP’s operations for REX and Rules of Origin (ROO).

He informed that 36 countries including Pakistan were required to completely switch to the REX System by the end of December, 2017. Only six countries have successfully switched to REX system. Pakistan is one and has, so far, registered 4300 exporters into REX database. Mr. Kaleemullah Memon, deputy director, GSP Section, TDAP told that REX system is very simple. Mr. Ashiq Hussain Khoso, deputy director, TDAP, Hyderabad, emphasized up on the regional exporters to immediately get registered under REX system; if need be, TDAP will further help the exporters in registration process.

Mr. Sikandar Ali Rajput, Senior Vice President and Mr. Dolat Ram Lohana, vice president, Hyderabad Chamber of Small traders and Small Traders appreciated TDAP’s efforts to guide the exporters about REX System and emphasized on TDAP to continue to conduct seminars on new trends of the trade. Mr. Wasiuddin Sheikh, Chamber member, asked if the imported products qualify for export purpose. Mr. Kamal Shahryar informed that the exporter has to comply with the origin rules specified for those goods in the GSP scheme.

For more information, contact:
Director
Information and Communication Division
Trade Development Authority of Pakistan (TDAP)
3rd Floor, Block A, Finance and Trade Centre,
P. O. Box No. 1293, Shahrah-e-Faisal,
Karachi 75200, Pakistan
UAN: +92-21-111-444-111
Tel: +92-21-99206487-90, +92-21-99201526
Fax: +92-21-99206461, +92-21-99201526
Email: tdap@tdap.gov.pk, farooque.memon@tdap.gov.pk
Website: www.tdap.gov.pk

TDAP organizes Stakeholder Consultative Session for Strategic Trade Policy Framework 2018-23

Karachi, January 25, 2018 (PPI-OT):At per the directions of Ministry of Commerce Islamabad, TDAP organized a Stakeholder Consultative Session for Strategic Trade Policy Framework 2018-23 on 23rd January 2018 at Sukkur. President Sukkur Chamber of Commerce and Industry along with members of export committee, members from Khairpur Chamber of Commerce and Industry, traders, exporters and growers of Sukkur region participated in the stakeholder consultative session.

Mr. Muhammad Farooq Memon, Director TDAP Karachi gave a detail presentation regarding “Strategic Trade Policy Framework”. He discussed in detail the objectives of Strategic Trade Policy Framework 2018-23 and reasons for outreach exercise in Sukkur. Mr. Abdul Fatah Shaikh, President Sukkur Chamber of Commerce and Industry during his address said that in order to maximize the exports of Pakistan, it is necessary that the government may control the unnecessaryimports of Pakistan andunrealistic/ hidden export taxes may also the stopped. The exports procedure should also be simple and easy.

Mr. Israr Bhatti, General Secretary, Sukkur Chamber of Commerce and Industry emphasized that TDAP may provide international exposure to the exporters of Sukkur region. He further said the date exporters of Sukkur region needs TDAP support for dry port in Sukkur. TDAP may support the exporters of Sukkur region to develop brands. He requested TDAP to provide a software of international buyers to Sukkur Chamber of Commerce and Industry for facilitation of exporters of Sukkur. Mr. Raees Ghulam Hassan Chachar, Senior Vice President, Sindh Chamber of Agriculture Sukkur during his address said that in Pakistan dates should also be subsidized like other crops Cotton, Rice and Wheat.

The growers, exporters and traders in their proposals said that Government should provide relief to them and emphasized to strengthen the Agriculture Research Institutes in Sindh. TDAP should have meetings with Agriculture Research Institute in Sukkur region. There is need of Dates Processing Unit, Dates byproducts, manufacturing plants and tissue culture laboratories in Sukkur region.To eliminate the middle man, there should be a direct link of buyer and farmers. Mr. Ghulam Qasim Jiskani, a progressive grower a Khairpur district in his address said that our target should be specific.

Farmers need to cultivate the international quality standards crops to increase the exports. Farmer is suffering in Pakistan due to insufficient credit facilities. There is need to develop a market chain in which grower should also be involved. To achieve the targets of a successful trade policy, strengthening of agricultural sector is mandatory. Growers need TDAP and Agriculture Extension Department support to cultivate international quality standards crops in Sukkur region.

TDAP may provide international exposure to the growers along with exporters. Grower may be introduced as a stakeholder in all trade policies of Pakistan. Since he provides raw material to the industry of Pakistan for domestic and international trade. Exporters were also of the view that they have limited visa for limited cities in India. TDAP may take efforts to remove the hurdle of limited visa for dry date and fresh date exporters of Sukkur region for India. Mr. Muhammad Farooq, Director, International Marketing Division-II, TDAP Karachi answered the questions of participants of consultative session.

He concluded the programme. He thanked all the participants and proposed the participants that requirements like cold storage facility, processing plant and tissue culture laboratory in Sukkur region can be fulfilled from EDF of Ministry of Commerce. But the condition is that the exporters, traders and growers of Sukkur region may provide comprehensive business planes for their requirements to TDAP.

For more information, contact:
Director
Information and Communication Division
Trade Development Authority of Pakistan (TDAP)
3rd Floor, Block A, Finance and Trade Centre,
P. O. Box No. 1293, Shahrah-e-Faisal,
Karachi 75200, Pakistan
UAN: +92-21-111-444-111
Tel: +92-21-99206487-90, +92-21-99201526
Fax: +92-21-99206461, +92-21-99201526
Email: tdap@tdap.gov.pk, farooque.memon@tdap.gov.pk
Website: www.tdap.gov.pk

Trade Development Authority of Pakistan, Ministry of Commerce organizes Consultative Session on STPF 2018-23

Karachi, January 23, 2018 (PPI-OT):Trade Development Authority of Pakistan, Ministry of Commerce, organized a Consultative Session with the stakeholders in Hyderabad to seek their proposals for the formulation of Strategic Trade Policy Framework 2018-23. Mr. Abdul Karim Memon, director (Product Division-1), TDAP, Karachi chaired the session. The representatives of chambers of Commerce and Industry, Hyderabad, Jamshoro, Dadu, Mirpurkhas, and Hyderabad Chamber of Small Traders and Small Industry, Hyderabad, Sindh Chamber of Agriculture, Sindh Abadgar Board, Capital Cottage Industrial Corporation, Kotri Association of Trade and Industry, Hyderabad Association of Trade and Industry and other regional stakeholders attended the Session and deliberated on the upcoming STPF 2018-23.

Mr. Ashiq Hussain Khoso, deputy director, Sub-regional Office, Hyderabad ensured the participation of all regional chambers, trade associations and stakeholders to give their input. Mr. Abdul Karim Memon, director (PD-1), TDAP elaborated that in the upcoming STPF, Ministry of Commerce is devising the medium term trade policy for the period of five years so that trade could benefit from the incentives announced in STPF 2018-23. The major focus of STPF would be upon boosting exports in the Services Sector, Export Competitiveness and investment Linkages, particularly attraction of FDI in the Export related Industry and integration of local industry into global value chain.

He further added that the objective of organizing the consultative sessions across the country with business community, think tanks and academia is to deliberate on existing STPF 2015-18, point out its loopholes, and identify current issues from stakeholder’s viewpoint. He emphasized upon the stakeholders for timely giving their concrete proposals based upon proper research of markets and data, for their consideration by Ministry of Commerce and incorporation of the same in the upcoming Strategic Trade Policy Framework (STPF) 2018-23.

Ministry of Commerce through rigorous efforts in collaboration with business community has succeeded in breaking the stagnancy in export profile of the country. After the announcement of export package of around PKR 180 billion by Prime Minister and its successful implementation, the exports grew at the ratio of 10% from June 2017 and this ratio is expected to remain the same till the end of current fiscal year. Through such Consultative session with trade bodies, Ministry of Commerce is trying to come up with elaborate trade policy, helpful in enhancing exports from the country and uplift the socio economic conditions of Pakistan.

For more information, contact:
Director
Information and Communication Division
Trade Development Authority of Pakistan (TDAP)
3rd Floor, Block A, Finance and Trade Centre,
P. O. Box No. 1293, Shahrah-e-Faisal,
Karachi 75200, Pakistan
UAN: +92-21-111-444-111
Tel: +92-21-99206487-90, +92-21-99201526
Fax: +92-21-99206461, +92-21-99201526
Email: tdap@tdap.gov.pk, farooque.memon@tdap.gov.pk
Website: www.tdap.gov.pk