Export News 2011 Vol No 15 to 17

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2

In this Issue

NEWS UPDATE 2 – 15

6th Expo Pakistan 2011 2-6

Sixth Expo Pakistan: PM seeks to woo foreign

investors

Expo Center to help achieve exports target:

Makhdoom

Exhibitors bag $517m orders

The 6th Expo Pakistan: A Successful event by Dr.

Mirza Ikhtiar Baig

General Information 6

Cancellation of the membership of M/s. Paradise

Leather Co., Kasur by PTA

New address of Consulate General of Pakistan, Hong

Kong

5th Session of Pakistan-Uzbekistan Joint Ministerial

Commission (JMC)

Joint Venture 6-7

Design Institutes of Pakistan and Poland ink deal for

Design Development

Business Opportunities 7

Major Railway Projects in Saudi Arabia and the Gulf

Region

Press Clipping 7-14

Value-added products exports to go up

MFN status for India under consideration

Indian PM accepts invitation to visit Pakistan, Fahim

India announces support to EU duty waiver for

Pakistan

Pakistan, India discuss opening of bank branches

KCCI too Dwell on Mutually – beneficial trade with

“ TDAP Can Provide a List of Importers for any Country for any product at I&C

Karachi”

V o l N o . 1 5 t o 1 7 1 5 t h N o v e m b e r 2 0 1 1

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Indian Counterparts

Chinese government assures TDAP of participating

in 6th Expo Pakistan

Japan plans investment seminar for Pakistan

Ministry of Commerce working for 72 items export

to EU

Bilateral Trade with China Touches $ 8.6 billion

Spain Super Store giant to open buying office

Fairs & Exhibitions 15

9th International Trade Fair at Lome, Togo

20th International Trade Fair at Dakar, (FIDAK)

Africa Export and Import Fair 2011

SRO 16 EXPORT GUIDE 17 – 20

Review of Russian Meat Market 17 – 18

EU and Pakistan Trade Relations 19 – 20

ADVERTISEMENTS 21 – 22 INTERNATIONAL TRADE ENQUIRIES 23 FEEDBACK FORM 24

6th EXPO PAKISTAN 2011

Sixth Expo Pakistan: PM

seeks to woo foreign

investors

Prime Minister Syed Yousuf

Raza Gilani has said that despite the

scourge of terrorism at home and in its

neighbourhood, Pakistan is still one of

the most attractive destinations for doing

business and investment.

Speaking at the inaugural

ceremony of the Sixth Expo Pakistan

held at Sindh Governor's House on

Wednesday, the Prime Minister said the

Ministry of Commerce had announced a

three-year Strategic Trade Policy

Framework to provide a long-term policy

framework of sustainable businesses.

This would enable them to plan

expansion and growth.

He urged the concerned

government agencies to simplify

procedures, reduce red-tapism, and

enhance transparency and efficiency

towards creating a business-friendly

environment.

The sixth Expo Pakistan,

organized by Trade Development

Authority of Pakistan, was held at Karachi

Expo Centre.

Sindh Governor Dr Ishratul Ebad

Khan, Chief Minister Syed Qaim Ali

Shah, federal ministers Farooq Sattar

and Babar Khan Ghori, federal

commerce secretary Zafar Mahmood and

Speaker Sindh Assembly Nisar Khohro

were also present on this occasion.

Gilani said Pakistan is endowed

with exceptional human and natural

R e a d e r s P l e a s e P r o v i d e F e e d b a c k o n t h e f o r m a v a i l a b l e o n t h e b a c k p a g e f o r f u r t h e r i m p r o v e m e n t o f t h e b u l l e t i n

EXPORT NEWS 15 to 17/2011

3

resources which offer excellent

opportunities for developing mutually

beneficial business. "However, there is a

need to harness the potential to the full

extent in order to give impetus to our

economy," he added.

In Pakistan, the Prime Minister

said, the growth rate is not at a

desirable level due to multiple problems.

"However, this year's remarkable growth

in exports is a testimony to the great

potential of our export sector which

demonstrates the country's capability

and indeed refutes the notion of

sluggish economy and it clearly

establishes the resilience of our

businessmen and of the economy," he

added.

"While the leaders of our industry

help lead our country on the path of

prosperity, it is imperative that we

provide them the most effective and

timely support for making businesses

more competitive and attractive," he

said. "In this regard, the President and I

have been emphasizing Pakistan needs

Trade not Aid," he added.

He said the government has

made concerted efforts to acquire better

market access for Pakistani products in

the world markets. The EU's offer at the

WTO to Pakistan for duty free access to

goods from 75 tariff lines is just one

example of such endeavours of the

government. By 2014, Pakistan expects

to qualify and benefit from the EU's

import preferential treatment under the

GSP Plus regime allowing duty free

access for all the products of Pakistan

exports.

He said Pakistan has already

entered into preferential and free trade

agreements with China, Malaysia, Sri

Lanka, Iran, and Mauritius. He strongly

urged exporters to take full advantage of

the market access opportunities of the

bilateral agreements. "We are also

making concerted efforts to enhance

regional trade with our neighbours," he

said and added that the recently-held

trade talks between India and Pakistan

are moving in the positive direction.

On the global scene, he said, a

major shift is surely but steadily taking

place through economic redistribution

amongst the world community. Most

observers agree that economic gaps

between the West and the Asian

economies are shrinking to the

advantage of Asia. "In particular, our

neighbours, especially China, are seen

as the engine of growth for the world

economy in the coming decades. They

are heading with nearly double-digit

growth rates bringing millions of their

citizens out of the shackles of poverty as

their economies generate wealth at a

worth mentioning pace," he stated.

According to him, the Expo

Pakistan has become an annual event

held at the cosmopolitan city of Karachi

to showcase a complete range of quality

products and services offered by

Pakistan. It is heartening to see such a

large gathering of foreign guests, he

added.

He recalled that he had declared

the year 2010-2011 as the year of

exports. "It is most gratifying that we

achieved the milestone of $25 billion

exports this year," he said “Of course, it

was made possible through combined

efforts of the public and private sector”,

he added.


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He congratulated all the

stakeholders whose collective efforts

have made this year truly the year of the

exports. "We do realize the hardships of

the business communities who are

facing severe problems in the face of

energy outages and still they have

outperformed," he said, adding that it is

the ingenuity and hard work of the

Pakistani entrepreneurs that made the

difference. "Having said this, the

democratic government is fully

cognizant of these difficulties and is

taking appropriate steps to overcome all

such problems to facilitate the

undertaking of businesses in the

country," he said.

He said that he had performed

the ground-breaking of the Daimer-

Basha Dam only one day back, which

would not only add 4500 megawatts to

the national grid, but also provide a

solution in controlling the floods and

also provide sufficient water to irrigated

country's vast cultivable lands.

He mentioned that a meaningful

headway has been made by his

government and a recent

acknowledgment of this fact is a World

Bank Report "Ease of Doing Business in

South Asia", which has ranked Pakistan

as one of the attractive investment

destinations in the region.

The PM said: "To illustrate this,

the recent experience of a Spanish

company, EL CORTES INGLES, is

worth mentioning. This multibillion-dollar

company with a large network of

departmental stores in Europe visited

Pakistan on the invitation of TDAP with

more than 30 buyers last year. They

found a large range of competitive

products and of high quality. The

company Chief Executive wrote:

'Perhaps it is not the level of insecurity

but the view that the media gives to

Western citizens which restrains their

travelling to Pakistan.'"

Resultantly, the prime minister

said, the Spanish company appointed an

Exclusive Buying Agent for Pakistan, and

orders have already started to pour in. "I

am confident that those foreign friends,

who have chosen to be our guests at this

Expo, will also be pleasantly surprised to

find Pakistan a profitable place to do

business," he said.

The Prime Minister announced a

cash bonus for TDAP employees equal to

two basic salaries for their efforts towards

making Expo Pakistan a major success.

Federal Commerce Minister

Makhdoom Amin Fahim said that the

country has witnessed the highest-ever

growth in its exports of $25 billion in

FY2010-11. "We want to continue this

momentum," he said and added the

commerce ministry is making more

efforts towards increasing country's

exports.

In this regard, he said preferential

trade agreements are being signed with

Indonesia and Turkey. The commerce

ministry is moving for second phase of

free trade agreement with China.

Recently, a delegation had visited India

and it is expected Pakistan's trade

relations with India would be normalized,

he added.

The Chief Executive of TDAP Mr.

Tariq Iqbal puri said over 600 foreign

guests from 52 different countries are

participated in this expo. He said 285

exhibitors from diversified sectors


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showcased their products for

international and local buyers.

Expo Center to help achieve

exports target: Makhdoom

Federal Minister for Commerce

Makhdoom Amin Fahim inaugurated the

6th International Expo Pakistan at Expo

Centre. Federal Secretary Commerce

Zaffar Mehmood, Chief Executive

Officer of Trade Development Authority

of Pakistan (TDAP) Mr. Tariq Puri,

President, Federation of Pakistan

Chambers of Commerce and Industry

(FPCCI) Senator Haji Ghulam Ali were

also present.

This international event, with

participation of 52 countries, continued

from October 21st ~ 23rd. It was open for

general public on last two days. Talking

to media on this occasion, the Minister

said the expo would prove a big

opportunity to market Pakistan‟s wide

range of products that is, textile,

agriculture, dairy products, fisheries,

meat, and engineering goods.

Handicrafts and other cottage

industry products were given prominent

place in the expo. It would greatly help

promote our exports and bring more

foreign investment in various sectors of

the country. It would give very good

exposure to foreign investors and would

help stop flight of capital from the

country, he said.

He said a large number of

foreign and domestic investors besides

diplomats from various countries were

expected to visit the 4-day expo. “I

hope, Expo will help us achieve our

exports target,” he said.

While assisting the Minister, CE,

TDAP, Mr. Tariq Puri said that more than

600 foreign importers were expected to

visit this international trade exhibition.

These included buyers from Russia,

China, Japan, & France. To another

query, the Federal Minister said the PPP-

led Government was trying its best to

improve energy situation in the country.

Prime Minister Yousuf Raza Gilani laid

the foundation stone of Bhasha Dam two

days back to ensure energy supply

position in next couple of years. The work

on Pak-Iran Gas Pipeline project was in

progress. “We are using all available

sources including the import of gas to

meet its domestic and industrial

demand,” he said. When his attention

was drawn to the recent positive

developments between Pakistan and

India on economic front, Makhdoom Amin

Fahim confirmed that many trade related

issues were settled. Future strategy on

bilateral trade would be finalized during

the meeting to be held in the current

month.

Exhibitors bag $517m orders

The visiting foreign buyers

have placed orders worth $517 million

and signed 15 memorandum of

understanding (MoU) at the 6th Expo

Pakistan with a major breakthrough

witnessed in Information Technology

(IT).

A Polish company is in talks with

a local IT company to finalise a

partnership deal with tentative business

of $1 billion, which is a sign that Pakistan

is also competitive over regional

countries in the IT field.

This was stated by Trade

Development Authority of Pakistan Chief


6

Executive Tariq Iqbal Puri while giving a

sort of roundup of the mega event to

media at Karachi Expo Centre on

Saturday.

He said that during two days a

record 1,650 business-to-business

(B2B) meetings between buyers and

Pakistani exhibitors-cum-manufacturers

were held and foreign buyers made

1,093 visits to different stalls at the

expo.

Mr. Puri disclosed that M/s

Ormita of Hong Kong had signed a MoU

with Pakistani food company M/s Alpha

Dairies of $120 million for first year with

a provision to go up to $300 million.

The success of the expo could

be judged from the fact that some of the

foreign delegations were headed by

their ministers or high trade officials.

Chinese delegation, he said, was

headed by Vice Chairman China

Counsel for Promotion of Trade.

Similarly, he said that Malaysian

delegation was headed by Haji Abdul

Maalik, Penang State Minister and

Madagascar delegation was headed by

Minister for Trade, the TDAP Chief

added. A big turnout of 500 foreign

visitors from 52 countries despite

security concerns was a testimony to

the fact that foreign buyers still preferred

Pakistan as their source of supply, he

maintained.

The TDAP Chief said that many

foreign buyers extended their stay and

held meetings and some also visited

production facilities.

As per TDAP plans, he said in

coming years the Expo will be gradually

given international posture and Chinese

and Japanese stalls in the expo marked

the 60th anniversary of relationship with

Pakistan.

The main objective of holding

trade fair is to increase country‟s exports

so that lesser bill of imports is footed.

He disclosed that M/s Iftikhar

Ahmed Co. secured export orders worth

$4 million for fresh vegetables and value-

added fruit products.

Furthermore, he said that

delegates from UK, Russia, and Holland

had shown keen interest in importing

fresh fruits from Pakistan. The TDAP

Chief said that hopefully the next Expo

would be held in October 2012.

Around 22 Commercial

Counsellors of Pakistan from different

countries also accompanied the

delegations from their respective

countries.

He admitted that some problems

were faced by foreign visitors and this

was mainly because that such a high

turnout was not expected at any level and

hoped that next time more and better

facilities would be arranged.

The 6th Expo Pakistan: A

successful event by Dr.

Mirza Ikhtiar Baig

The first „Expo Pakistan‟ was

organized in 2005 in Karachi, and the

sixth Expo Pakistan also held in Karachi

from October 20-23. Due to poor law and

order situation in the country, foreign

delegates and buyers are reluctant to

visit Pakistan. But, I am pleased to inform

that this year more than 600 foreign


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delegates from 52 countries participated

in the Expo Pakistan2011. Out of which

some of the delegates were the guests

of TDAP. Wide range Products from

Agri-Food, Auto-Parts, Sports, Fabric,

Garments, Leather, Handy Crafts,

Furniture, Surgical Instruments, IT and

Energy sectors were displayed by the

exhibitors. Big Local Pakistani

companies from different sectors also

displayed their products in the Expo. A

trade delegation from India

accompanied by Pakistani Trade

Minister Naeem Anwar also participated.

The Prime Minister of Pakistan

formally inaugurated the 6the Expo

Pakistan, in the Governor House which

was attended by all foreign delegates

from South and Latin America, Brazil,

Mexico, Chile, Yemen, Morocco and

Argentina. Along with our commercial

consulars from their countries. The Expo

has provided an opportunity to all

stakeholders in trade to meet and do

business. After the inauguration, Prime

Minister Yusuf Raza Gilani met

individually each guests which

embossed a good impression on them.

On this occasion, Mr. Tariq Puri, CE

Trade Development Authority of

Pakistan (TDAP), said the Prime

Minister declared 2011 the year of

exports. Giving details he said country‟s

exports rose in last four years from

$17.7 billion (2008-09), $19.3 billion

(2009-10) and to record $25.3 billion last

year 2010-2011. Despite that our

economy sustained substantial losses

due to devastated flood in the country,

which has damaged our cash crops. I

must give credit to our exporters that in

spite of power and gas load shedding in

the industries affecting their production.

The Textile Sector achieved 35%

growth, and the country‟s gross exports

exceeded $ 25 billion which reflects the

confidence of the foreign buyers on our

products.

During the Expo, a Multilateral

International Conference on trade and

investment was held in collaboration with

Board of Investment (BOI), Trade

Development Authority of Pakistan

(TDAP), Pakistan Japan Business Forum

and other business forums of Australia,

Belgium, France, Germany, Italy, Russia,

Sri Lanka, Switzerland. The organizers

constituted various focus groups of

Pakistan‟s key sectors including

Agriculture, Dairy Farming, Textile,

Infrastructure, Energy, Pharmaceutical,

Light Engineering, Mining and Minerals. I

was Chairing Textile Group and gave a

presentation on the investment

opportunities in Pakistan. Many

delegates form Russia, Poland,

Argentina, Malaysia and other countries

participated in the Group discussion.

Expressing their interest and confidence

to do business Pakistan. Majority of them

came to Pakistan first time and were

impressed with our warmth welcome and

hospitality. They were of the view that the

Western media presented a bad image of

Pakistan, they called Karachi a vibrant

and trade and industrial city which means

business. I also invited the foreign

delegates to invest in the Textile City

Project in Karachi in value added joint

ventures. I learned from them that

several countries are buying our products

through third country at higher prices,

such Russia and Poland are buying fabric

at higher price from Turkey, but now they

want to deal directly from us.

During Expo fashion shows were

organized, Federation of Pakistan

Chambers of Commerce and Industry


8

(FPCCI) arranged meetings with the

Business Councils of various countries,

and TDAP arranged B2B meetings of the

businessmen for trade and investment. A

delegation of Pakistan Turkey Joint

Business Council (PTJBC) with their

Chairman Hussain Akin met their

Pakistani counterpart in FPCCI. During

the meeting. The Council criticized

Turkish government‟s imposing protection

duties on the imports of our textile

products which has severely affected

Pakistan‟s exports to Turkey. PTBC urged

the need for signing of Preferential Trade

Agreement (PTA) between Pakistan and

Turkey to achieve $2 billion annual trade

target.

The organizers were aiming

three objectives to achieve from the

Expo: Firstly, to get export orders from

the foreign buyers, secondly, to attract

foreign investment in Pakistan potential

sectors and thirdly, to create Pakistan

soft image of Pakistan. We have

received exports orders worth more than

$500 million during the Multilateral

Investment Conference, many foreign

delegates shown their interest to invest

in Pakistan and after meeting with the

delegates I am certain that on return to

their countries they will talk good about

Pakistan. On achieving all three

objectives from the Expo I, congratulate

Zafar Mahmood, Secretary Trade,

Senator Ghulam Ali, President FPCCI,

and Tariq Puri, CE TDAP for success of

the Expo-Pakistan 2011.

GENERAL INFORMATION

Cancellation of the

membership of M/s.

Paradise Leather Co., Kasur

by PTA

The Customs Department has

recently claimed to have arrested 5

exporters allegedly involved in

multimillion Scam, which was allegedly

being fraudulently exported to Taiwan, by

Mis-declaration and without payment of

regulatory duty of Millions of Pak

Ruppee. It has been revealed that out of

the five (5) exporters/companies, one

was the member of Pakistan Tanner

Association (PTA) namely M/s. Paradise

Leather Co., Kasur.

In this regard PTA has

“Cancelled” the Membership of M/s.

Paradise Leather Co., Kasur.

Therefore, M/s. Paradise Leather

Co., Kasur is no more member of

Pakistan Tanners' Association (PTA) and

all the affairs/business activities would be

dealt by themselves under its own

umbrella without the Shadow of this

recognized Trade Body and PTA would

not be held responsible for any

eventuality if occurred in future.

New address of Consulate

General of Pakistan, Hong

Kong

The Consulate General of Pakistan,

Hong Kong has informed this office that their

office has been shifted to the following

premises:

Consulate General of the Islamic

Republic of Pakistan

803-4, Tung Wai

Commercial Building,


9

109-111, Gloucester Road,

Wanchai, Hong Kong.

The above address may please

be used for all future correspondence.

5th session of Pakistan-

Uzbekistan joint ministerial

commission (JMC)

Tashkent has proposed that

public and private sectors, delegations

may participate in the Annual

International Cotton Fair held in

Uzbekistan in October, each year to sell

cotton crop of the year at one platform.

This is the most appropriate

forum to buy cotton from Uzbekistan.

Usually, almost the entire crop is sold

during the fairs.

JOINT VENTURE

Design Institutes of

Pakistan and Poland ink

deal for Design

Development

Pakistan Institute of Fashion and

Design (PIFD) and Polish Institute of

Industrial Design (IWP) signed on 26

July, a cooperation deal in design

development and management. The

deal cames on the eve of Polish Foreign

Minister Radoslaw Sikorski's visit to

Pakistan which started on 1st August

2011. The agreement would help

Pakistan's industry and businesses,

especially in development and

management of designs which are in

demand in European markets and will

positively affect our exports to European

countries.

The PIFD was keen and so were

Commerce Ministry and Pakistan's

Mission in Warsaw to benefit from the

opportunities of sharing and transferring

European design development and

knowledge available through cooperation

with the Polish IWP which has within its

scope "Design Your Profit" (DYP) project

run in collaboration with the EU. IWP is

one of the leading design institutions in

Poland. IWP is a strategic advisor to

many Polish companies, designers and

public entities and assists them in

development of design of new products.

It is the main institution in Poland which

deals with systemic development of

design and conducting design-driven

business research for stimulating

innovation and competitiveness. Polish

Ministry of Economy has granted the

status of a research and development

center to IWP.

Under the cooperation

agreement, IWP will extend support to

PIFD in projects related to promotion of

design for new products. It will also

benefit designers of PIFD to benefit from

design workshops and e-learning courses

offered under DYP. It will lead to useful

exchange of experiences in design

management, evaluating design

effectiveness, identifying needs and

competence of companies related to

design. It will enhance capacity of PIFD

which will benefit Pakistani companies.

Consequently this cooperation will build

capacity of Pakistani companies to

develop designs acceptable in the

European markets. Once Pakistani

designs are in sync with the European

requirements, demand of our products

will surge in the whole of Europe.


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BUSINESS

OPPORTUNITIES

Major Railway Projects in

Saudi Arabia and the Gulf

Region

GCC countries are embarking

upon a highly ambitious and extensive

infrastructure development programme

valued at $ 142 billion over the next

three years. These projects offer huge

opportunities for Railways and

construction sector. This information is

being brought to the notice of all who

may wish to take part in them.

For further information interested

Pakistani parties may contact on the

following address:-

Consulate General of Pakistan

Commercial Section

Jeddah

Tel: 6691054

Fax: 6690561

E-mail: [email protected]

PRESS CLIPPINGS

Value-added products

exports to go up

Ministry of Commerce and Trade


(TDAP) would jointly speed up their

activities for facilitating the development

and exports of value added products in

the Agro-Food sector and the authority

would act as the focal agency. This was

stated by Zafar Mahmood, Federal

Secretary Commerce while chairing a

meeting of leading exporters in TDAP

Karachi to develop a strategic roadmap

for the Agro-Food sector.

Mr. Tariq Puri, Chief Executive of

TDAP; briefed the participants about the

role of MoC/TDAP as a catalyst to

encourage the exports of value added

agriculture products. He also informed

that there was much emphasis on value

addition, for instance in Rice, where

exporters and growers should focus on

projects which would lead towards value

addition rather than continuing to export

raw materials in order to maximize gains

from the quality produce of Pakistan.

In order to provide easy access to

credit, Secretary Commerce added that

the Ministry has taken up the matter with

State Bank and Zari Tarqiati Bank (ZTBL)

for provision of credit lines to farmers and

exporters to assist them in identifying and

establishing much needed projects in the

Agro Food sector to achieve the

objective. Secretary Commerce had

advised TDAP to hold quarterly meetings

with SBP along with relevant

stakeholders for reviewing the current

policies pertaining to provision of credit

for agri sector and to review the

disbursement and utilization of agri loans.

Furthermore, a committee may

also be formed wherein representatives

of commercial banks should also be

present the address to issues. Secretary

Commerce also directed the National

Animal and & Plant Health Inspection

Service (NAPHIS) to conduct the

awareness seminars in collaboration with

TDAP for the benefit of exporters to know

mailto:[email protected]


11

the issues related to SPS requirements

and how to address them.

Secretary Commerce assured

that MoC and TDAP would continue to

facilitate the exporters and growers in

resolving all their issues pertaining to

various other agencies and provincial

governments. The meeting was

attended by leading exporters from

Poultry; Rice; Fruits & Vegetables;

Fisheries; Processed Meat and officials

of SBP; ZTBL; PNAC; Plant Protection

Department, PHDEC; PSQCA; NAPHIS;

TDAP and MoC.

MFN status for India under

consideration

In a dramatic break from the

past, the government is inclined to

granting the most favoured nation

(MFN) status to India in a couple of

months after getting a green signal

from all stakeholders.

As a first step, the commerce

ministry has sent a summary to all

stakeholders, seeking their comments

on changing the decades-old trade

regime with India, according to sources.

The summary was sent a couple

of weeks ago and the stakeholders have

been asked to submit their comments

within three weeks. If no objection is

raised, the summary will be sent to the

federal cabinet for approval.

The environment turned

favourable for the decision in the wake

of the recent tensions in Pakistan‟s ties

with its top trading partner, the United

States. Pakistan‟s exports at an

estimated $4 billion in 2010-11 make the

US the only country with which it enjoy

surplus.

Experts say granting the MFN

status to India will not only reduce

tensions between the two countries but

also earn support from the Indian

government at a time when the US has

accused Pakistan of having links with the

Haqqani network of Afghanistan.

While the government appears to

have put aside some crucial issues,

including Kashmir, that have marred

economic and trade relation between the

two countries for decades, it has made

the MFN decision conditional to the

removal of non-tariff barriers by India.

Prime Minister‟s Adviser on

Textile Mirza Ikhtiar Baig said he hoped

the MFN status would be granted to India

next month.

Mr Baig, who recently visited India

along with Commerce Minister Amin

Fahim, said the formalities were likely to

be completed ahead of the next meeting

of the commerce secretaries of the two

countries. Pakistani and Indian

commerce secretaries are scheduled to

meet in November in New Delhi to

finalise the issue.

Indian Commerce and Industry

Minister Anand Sharma is scheduled to

visit Pakistan in November along with a

delegation of businessmen. “I think the

decision is more likely to be announced

during the Indian commerce minister‟s

visit,” Mr Baig said.

Pakistan‟s business community,

according to Mr Baig, has already

recommended to the government to grant

the MFN status to India. This is a key

recommendation as Pakistani


12

businessmen were not prepared in the

past to compete with Indian businesses

and wanted a restricted regime.

Commerce Minister Amin Fahim

also hinted during his five-day visit to

India that the status would be granted,

saying fulfilment of procedures were

delaying the decision.

Mr Fahim said it was the priority

of his ministry to grant MFN status to

India at the earliest.

Last week, the commerce

ministers of Pakistan and India set a

target of $6 billion bilateral trade to be

achieved in three years from the current

$2.7 billion. There are also reports of $3

billion trade through illegal channels.

Pakistan will also change its

trade regime from „positive‟ to „negative

list‟ as required under the South Asian

Free Trade Agreement (Safta). This was

the key issue due to which Pakistan had

not ratified the treaty, Mr Baig said.

The country has included 1,945

items in the positive list for trading with

India, while the import of other items is

banned.

Under Safta, Pakistan has

committed to a sensitive (negative) list

of 1,169 items.

Mr. Baig said the negative list

was likely to be reduced to only a few

items and the issue would be settled by

November.

To reciprocate this gesture, the

Indian government would formally

withdraw its opposition to an EU trade

concessions package at the World

Trade Organisation, he said. The WTO

is scheduled to take up the EU waiver

issue on Oct 20 and the Indian decision

is likely to be announced the same day.

The adviser said that Indian

government had agreed to improve the

infrastructure on Wagah border and set

up cold storages for perishable items. He

said Pakistani businessmen had also

raised the issue of non-tariff barriers with

Indian authorities concerned.

Indian PM accepts invitation

to visit Pakistan, Fahim

Commerce Minister Amin

Fahim formally invited on Monday

Indian Prime Minister Dr Manmohan

Singh to visit Pakistan, reviving hopes

that the two countries would fully

exploit the potential of economic and

business ties.

Mr Fahim extended the invitation

during a meeting with Dr Manmohan in

New Delhi at the end of his visit, said a

statement issued by the commerce

ministry in Islamabad. The minister

extended his three-day (Sept-27-30) trip

and visited shrines of Sufis and other

tourist spots in India.

On return from India, Mr Fahim

told reporters that the Indian Prime

Minister has accepted the invitation to

visit Pakistan.

However, he did not say when would Mr

Singh visit Islamabad.

Indian Commerce and Industry

Minister Anand Sharma is scheduled to

visit Pakistan as the head of a delegation

of businessmen.

Mr Fahim expressed the hope

that all hurdles would be removed to


13

achieve the bilateral trade target of $6

billion over the next three years.

According to him, the Indian prime

minister said India wanted to see

Pakistan a prosperous country.

Mr Fahim said the Indian

decision to reverse its earlier stand of

blocking the EU trade package at the

WTO would benefit Pakistan.

The package was due to be

implemented in January, but delayed

because of resistance by India.

According to the commerce

ministry, Mr Fahim praised active

participation and keen interest taken by

Pakistani and Indian business

communities at business conclaves

organised by the Federation of Indian

Chambers of Commerce and Industry in

Mumbai and New Delhi.

Dr. Manmohan stressed that

Pakistan and India should jointly fight

poverty. He assured Mr Fahim of his

government‟s full cooperation in

boosting trade between the two

neighbouring countries.

India announces support to

EU duty waiver for Pakistan

India has announced support

for Pakistan's EU waiver package bid

in World Trade Organisation (WTO).

Necessary instructions are being

given in this regard.

This was announced after the

meeting of Commerce Minister

Makhdoom Amin Fahim and Indian

Minister for Commerce and Industry

Anand Sharma in New Delhi.

A joint statement of the

Commerce Ministers of India and

Pakistan simultaneously released from

Delhi and Islamabad said:

"At the invitation of the Commerce

Minister of India, Shri Anand Sharma, the

Commerce Minister of Pakistan,

Makhdoom Mohammad Amin Fahim is

visiting India from 26th September to 2nd

October 2011.

"After more than three and a half

decades, this is the first visit by a

Pakistan Commerce Minister to India.

Accompanying the Minister is a high level

official delegation including the

Commerce Secretary of Pakistan; and

more than fifty business delegates from

Pakistan. The composition of this

delegation underscores the importance

that both sides attach to this visit and the

mutual desire for better bilateral trade

and commercial relations.

"The official level discussions

were held today (28th September)

between the Commerce Ministers and

their respective official delegations. Both

Ministers noted with satisfaction that

India and Pakistan are entering a new

phase of full normalization of bilateral

trade relations. This augurs well for

enhancing mutual trust and

understanding.

"The ministers agreed to jointly

work to more than double bilateral trade

within three years, from current levels of

2.7 Billion US dollars per annum to about

6 Billion dollars. This goal shall also be

facilitated through the Memorandum of

Understanding signed today between the

India Trade Promotion Organization and

the Trade Development Authority of

Pakistan. The MoU shall foster better


14

trade promotional activities, for the

benefit of business communities of both

countries.

"The ministers affirmed that fully

normalized commercial links between

both countries would strengthen the

bilateral relationship and build the

bridges of friendship, trust and

understanding - for mutual benefit of

their people and promotion of prosperity

in South Asia.

"The ministers mandated their

Commerce Secretaries to pursue with

vigour the task of fully normalizing

bilateral trade relations. They agreed

that their countries would cooperate for

a high ambition of preferential trade

relations under the framework of the

South Asia Free Trade Agreement

(SAFTA). They noted with satisfaction

the joint and collaborative efforts already

being made by India and Pakistan to

liberalize trade in goods and services

under SAFTA. They agreed that all

mutual obligations contracted under

SAFTA would be implemented with full

sincerity.

"The ministers appreciated the

progress made and roadmap laid for

trade liberalization in the April 2011

meeting of the Commerce Secretaries.

They further mandated their respective

Commerce Secretaries that when they

meet in November, 2011 they shall lay

down specific timelines to normalize all

trade relationships including dismantling

of all non-tariff barriers. Full

implementation of SAFTA obligations

was also mandated. Commerce

Secretaries were also directed to

prepare the roadmaps for greater

preferential trading arrangements

between India and Pakistan. Both

Ministers agreed that joint and concerted

efforts will be made in all areas to create

an enabling environment for trade and to

encourage greater engagement between

the business communities of both

countries. They agreed to further promote

greater intra-regional connectivity through

road, rail, shipping and air.

"Ministers noted with satisfaction

the comprehensive ground covered in the

August 2011 bilateral trade review held in

New Delhi. This meeting has been an

important milestone in identification of

issues impeding trade (in sectors such as

cement, textiles, surgical instruments) as

perceived by the business communities

of both countries. Customs arrangements

have also been significantly synchronized

and both sides are vigorously addressing

issues of infrastructure, to further

promote bilateral trade through the land

route of Attari-Wagah.

"The ministers noted that in the

past few months, India and Pakistan

have constructively engaged towards a

liberalized business visa regime. They

expressed that they now expect this

matter to be expeditiously concluded

before November 2011. The new

business visa regime would allow

multiple entry and could be for a period

up to one year. The Ministers expressed

the hope that such a new visa regime

would rapidly expand the vistas of

bilateral commerce. They emphasized

that a more secure regional environment

would progressively help both countries

to keep liberalizing the visa arrangements

for businesspersons.

"Both ministers reaffirmed that all

decisions taken by them and their

respective officers to improve trade

relations would be closely monitored to


15

ensure adherence to all agreed

timelines. Both sides would maintain

frequent contact in this mutual quest for

a better trade relationship, underpinned

on the principles of sincerity, mutual

respect and trust. The Ministers agreed

that the bilateral trade liberalization

process should be uninterruptible and

irreversible. They affirmed that both

countries would cooperate and work in

close coordination at multilateral forum,

such as WTO and SAARC, to support

each other, thereby strengthening their

economies."

Pakistan, India discuss

opening of bank branches

Dr Subir Vithal Gokaran, Deputy

Governor, Reserve Bank of India, called

on Makhdoom Amin Faheem, Federal

Minister for Commerce, who is currently

on an official visit to India, to discuss the

opening of bank branches in India and

Pakistan on reciprocal basis, a

statement said on Wednesday.

According to the Trade

Development Authority of Pakistan,

Faheem stressed that both the countries

should fast track the process of opening

bank branches to facilitate the business

community and to increase the trade

volume between the two countries.

Dr Gokaran expressed optimism and

agreed for increased cooperation

between the two regulators.

It is also expected that a high-

level delegation of the RBI will visit

Pakistan in the first half of October to

discuss the modalities for opening of

bank branches.

KCCI too Dwell on Mutually

– beneficial trade with

Indian Counterparts

The Karachi Chamber of

Commerce and Industry (KCCI) proposed

concrete suggestions to be discussed at

the meeting between the commerce

ministers of India and Pakistan held on

September 28 and 29 at Delhi.

A four-member chamber

delegation comprising of its President

Muhammad Saeed Shafiq, Vice-

President Juniad Esmail Makda, former

President and Chairman Sindh Board of

Investment Zubair Motiwala and former

President KCCI Majiyd Aziz participated

in a meeting with Pakistan High

Commissioner in Delhi Shahid Malik and

CEO of Trade Development Authority

Tariq Iqbal Puri at 5 TDAP.

According to programme

Commerce Minister Makhdoom Amin

Faheem along with 40 members' trade

delegation visited India from 26 to 30

September 2011 and during his stay in

India the delegation visited Mumbai and

Delhi and held meetings with trade

bodies, government officials, ministers

and discussed issues related to trade and

investment.

The delegation suggested that

India should be allowed to invest in

various sectors in Pakistan.

The delegation proposed that

Pakistan business community should be

allowed to open their office in India.

They also highlighted various

items including the trade policy for

allowing the trade with India which would

be beneficial for the domestic industries


16

of Pakistan engaged in the export

oriented and other sectors.

KCCI also discussed issues to

increase trade through land-route and

besides Wagah-Attari, to open the

Monabao-Khokrapar and improve

Customs facilitations and infrastructure.

The delegation highlighted that

visa was the core issue and requested

efforts should be made to resolve it.

It is suggested that many items

which are imported from China can be

imported from India due to cost

effectiveness.

The chamber proposed trade of

minerals, coal, textiles, and steel, etc.

President KCCI Saeed Shafiq

was of the view that collaboration in

steel would be very profitable for both

countries. The recently inked MoU

between KCCI and Bombay CCI is also

deliberated and efforts of Juniad Makda

were appreciated.

Zubair Motiwala suggested

sectors in Sindh where Indians could be

invited to invest.

Majyd Aziz informed that

Pakistan could export up to 150,000

tones of chrome ore to ferro-chrome

plants in India but due to heavy freight

cost, Pakistan was missing on

immediate export of 45 to 50 million

dollars per year.

The KCCI team was very bullish

about the visit of a high-powered

business delegation to India led by

Commerce Minister Makhdoom Amin

Faheem and pledged full support of the

chamber.

Chinese government assures

TDAP of participating in 6th

Expo Pakistan

The Chinese government had

assured Trade Development Authority of

Pakistan (TDAP) that it would participate

in the 6th Expo Pakistan being held in

Karachi from October 20 to 23, 2011.

This was affirmed by Zhao

Jianding, Vice Chairman of Chinese

Council for Promotion of International

Trade (CCPIT) and Yu Jian Ming,

Director General of Shanghai Municipal

Commission of Commerce, on the

occasion of 3rd Pakistan-China Business

Forum held in Shanghai on August 30,

2011. They further stated that there was

a need to increase the trade and

business relations of Pakistani

businessmen with region located at

Eastern Coast of China and at the

Yangtze River Delta. Speaking on the

occasion, Tariq Puri, Chief Executive

TDAP, stated that the TDAP was

extending all necessary support to the

CCPIT in organizing a "China Pavilion" at

the Expo Pakistan 2011, in order to

facilitate the participation of Chinese

companies in this upcoming event, which

also celebrates the 60th year of

friendship between the two countries.

Mr. Puri stated that TDAP has

declared China as the focus country for

its trade initiatives in 2011-12 and plans

to participate in more than 20 fairs in

China. Through this outreach

programme, TDAP is accessing different

regions of China to introduce and

establish the brand "Pakistan" which can

be relied for its quality and competitive

offerings in various sectors like textiles,


17

leather, fisheries, food products, marble,

gemstones and minerals.

TDAP and Pakistan's Consulate

General of Shanghai had clubbed the

3rd Forum with Intertextile exhibition of

home textiles held in Shanghai from

August 29-31, 2011. Mr. Puri delivered

the keynote speech apprising the

participants about the flourishing textile

sector of Pakistan. He said that it was a

good opportunity for Pakistani

businessmen to introduce and display

their products. This event helped in

boosting bilateral trade between China

and Pakistan and to ensured exposure

of the home textiles of Pakistan in the

Chinese market.

He further stated that TDAP

launched an awareness programme

both in Pakistan and China for

identification of new areas of trade and

investment and Business Forums were

manifestation of such programmes. He

said that 4th Pakistan China Business

Forum wouldl be held in Urumqi on 2nd

September 2011 and another in

November 2011.

Japan plans investment

seminar for Pakistan

The Japanese government plans

to hold an investment seminar in

Bangkok in August 2012 to persuade

investors to invest in Pakistan, Wakana

Kanikawa, an official of the Japanese

Foreign Ministry, said on Tuesday.

Kanikawa and Daisuke Tsukao,

Section Head, Asia & Pacific Division,

Japanese Ministry of Economic, Trade

and Industry, along with a delegation of

businesspersons visited Karachi for

exploring trade and investment

opportunities in the country.

During the visit of the delegation

to the Trade Development Authority of

Pakistan (TDAP) offices, Kanikawa said

that investment promotion missions

would also be sent to Pakistan to

enhance trade and investment between

the two countries.

Secretary Trade Development

Authority of Pakistan (TDAP), Javed

Anwar Khan, briefed the delegation about

the government policies for the creation

of an enabling environment for foreign

trade and investment.

Kanikawa said that the visit was a

prelude to Pak-Japan high-level joint

economic dialogue to be held in Tokyo in

March 2012.

The Japanese delegation

appreciated the positive outcome of the

recent visit of the Chief Executive TDAP,

Tariq Puri, to Japan in July this year for

positioning of Pakistani products in

Japan.

Secretary TDAP invited the

Japanese investors for setting up VHT

processing plant under public-private

partnership mode for export of mangoes

to Japan.

Ministry of Commerce

working for 72 items export

to EU

The Ministry of Commerce is

taking steps to get approval for the export

of 72 items to European Union and

getting GSP Plus status for Pakistan.


18

This was stated by the Secretary

Commerce Zafar Mahmood while talking

to prominent exporters and

representatives of various trade bodies

relating to textile and clothing, agro

food, leather, mines and minerals, gems

and jewellery, information technology,

services sector etc. at Trade


(TDAP). Chief Executive TDAP Tariq

Iqbal Puri was also present in the

stakeholders‟ meeting which discussed

measures to form the strategy for setting

exports targets for financial year 2011-

12 and for removal of bottlenecks facing

exporters.

The Secretary Commerce

suggested to the exporters to get

leverage from trade with India.

Exporters were advised that they should

give more focus on value addition of

their products for fetching good export

prices of their products. Ministry of

Commerce and TDAP, through the trade

officers, will market their value-added

products, he added.

Secretary Commerce and CE

TDAP assured that effective inter-

ministerial coordination will be ensured

to resolve issues hampering exports,

especially with Federal Board of

Revenue (FBR).

Secretary Commerce and CE

TDAP said they would also hold meeting

with Chief Secretary Sindh for resolving

the matters affecting export of fisheries

sector.

They said that special focus shall

be given to non-traditional sectors like

marble and granite, petroleum and its

products, gems and jewellery and

services sector, especially the

information and technology and

engineering consulting services. They

said that Ministry of Commerce and

TDAP would continue to provide enabling

environment for the exporter community

to further boost exports. Mr. Tariq Puri

stressed on the business community that

they should focus more on regional

markets especially in China, Japan,

Vietnam, Malaysia and Indonesia. He

said that TDAP was fast-tracking the

Dazzle Park at Karachi near the airport

for boosting the export of gems and

jewellery sector.

The representatives of trade

bodies were optimistic that efforts being

made by Ministry of Commerce and

TDAP will indeed ensure the momentum

going for increase in exports.

They were of the view that

country‟s exports will see an increase of

10 % in the overall export value during

FY 2011-12.

Bilateral Trade with China

Touches $ 8.6 billion

Pakistan has conveyed to India

that the latter should not object the

European Union's (EO) trade concession

to the former at the World Trade

Organization (WTO) as the facility of $ 2-

3 million worth of trade in the global

market will not affect the huge economy

of Dehli.

As a positive gesture, the

neighboring country should take back its

reservation, based on traditional

animosity, to encourage outgoing talks

and negotiations on various issues

between the two countries. These views

were expressed by Trade Development

Authority of Pakistan (TDAP) Chief


19

Executive Mr. Tariq Iqbal Puri, during an

exclusive interview with Pakistan

recently.

TDAP has already forwarded a

summary related to an agreement and

understanding with its Counterpart in

India, to the cabinet for approval he

added. Besides, the authority would also

attend some fairs and shows in India to

explore new markets for Pakistani

products.

Talking about various Pak-China

business forums and fairs held in China

so far, Mr. Puri said, different Chinese

firms, especially related to mines and

mineral and corporate agriculture and

farming sectors have expressed interest

in sharing their expertise and

technological assistance in the

respective fields in Pakistan. The latest

machines and technology, used in the

Chinese agricultural and mineral sector

are amazing, according to Mr. Puri the

transfer of such technology and

expertise would drastically improve the

qualitative production in the mentions

sectors. While celebrating the 60th Sino-

Pak friendship this year, TDAP and its

counterpart in the foreign country, China

Council for Promotion of International

Trade (CCPIT) are actively holding

various business forums and trade fairs

in different provinces.

“Though we have tried to obtain

a greater market share in western

countries during the last 60 years, we

had never explored the trade potential in

various parts of the neighboring

country," he said, adding that the

Chinese government always

encourages its public as well as private

sector to actively participate in projects

in Pakistan. According to Mr. Puri,

China's, public and private sectors were

currently involved in over 250 projects in

Pakistan ranging from mega to minor and

from strategic to ordinary businesses.

The bilateral trade level, he said, has also

touched $ 8.6 billion in 2010, displaying a

growth of 28 per cent. Pakistan's exports

exceeded $ 1.7 billon showing a growth

of 37 per cent.

In the recently held 4th South

Asia Trade Fair jointly opened by the

Governor of the Yunnan Province,

Chinese visitors visited Pakistani stalls

and appreciated the quality of products

displayed.

The visitors greatly appreciated

Pakistani products especially those in

furniture, Leather, Textiles, Carpets,

Jewellery, Kitchen wear, Brass and

Herbal products, he added.

In reply to a query whether

Pakistan was at a disadvantage position

under the existing Pak China free trade

agreement (FTA), he said “China is such

a huge market that the balance of trade

will ultimately favour it but Pakistan‟s

share of trade is also on the rise. ”Talking

about the proposed amendments in the

FTA, he said, the Ministry of Commerce

has constituted a committee under his

chairmanship with the mandate to

interact and consult with stake holders in

order to develop a comprehensive

negotiation strategy for the Phase II of

the Pak – China FTA, while output from

all concerned stake holders so far is

being obtained to tilt the agreement with

greater favour for Pakistan. According to

Mr. Puri, the formulation of a

comprehensive negotiating strategy

entails a two pronged approach i.e. an

offensive aspect, wherein a part of the

strategy shall focus on enhancing the


20

level of market access of Pakistani

exports to China, and a “defensive

component, wherein sectors and

products would be identified with a view

to enhance the level of market access of

Chinese exports to Pakistan. To another

question about whether the export target

of the country during 2011-12 would be

reduced due to the expected decline in

cotton prices internationally, he said that

the country was expected to fetch

around $ 27 billion and the target for the

current year would be fixed accordingly.

He also hoped that the country

would register export figure around $ 25

billions till completing the final report of

the last financial year. He said that a

proposal prepared by TDAP regarding

the forthcoming trade policy has already

been forwarded to the Ministry of

Commerce. To another question, the

TDAP, CE said that the large number of

Chinese companies would display their

products in the Expo Pakistan while

foreign firms and buyers from India,

Russia, France, Iran, Japan and other

countries from Europe Asia and Africa

would also attend the important event.

As the Chinese government had already

facilitated Pakistani exporters and

traders in over 20 trade related events in

Beijing, Islamabad, reciprocating

Chinese facilitation, would also provide

full support and space for companies of

the neighboring countries. In reply to a

query, Mr. Puri said, the work on 12

important projects announced for

promotion of trade in the county would

soon get started, besides arrangements

of foreign investment and third party

validation. Furthermore, he said, TDAP

had also focused on the eastern part of

the world, especially China, Russia and

central Asian states which had been

neglected for more than 60 years.

Frequent exchange of visits of head of

states from these countries and other

trade delegation were part of the new

initiatives, he added.

Spain Super Store giant to

open buying office

Trade Development Authority of

Pakistan (TDAP) has been successful in

attracting the EI. Corte Ingles Group, the

leading super store of Europe and world's

fourth largest, based, in Spain to open a

buying office in Pakistan.

El Corte Ingles is interested in

increasing its volume of buying and

product range from Pakistan. The

opening of the office in Pakistan is also

the beginning of better opportunities for

Pakistani exports to Spain. The office will

also be responsible for introducing new

sourcing partners and products from

Pakistan. According to Director

(Sourcing) of EI Corte, export orders from

Pakistan, since their maiden visit to

Pakistan in February 2011 visit, have

already exceeded Euro 1.0 million.

Mr. Puri, Chief Executive TDAP

expressed his confidence that these

export orders were manifestation of

TDAP's aggressive marketing campaign

and TDAP would continue to strive for

creating business opportunities for

Pakistani exporters to keep the

increasing trend in exports going.

Opening of EI Corte office in

Pakistan is a result of an initiative taken

by Pakistan's Commercial Counsellor,

Embassy of Pakistan and keen efforts of

Pakistan's Honorary Investment

Counselor in Spain. TDAP had

sponsored and organized a 20-member


21

El Corte delegation's visit to Pakistan in

February this year, for analyzing the

potential of Pakistan as a reliable

sourcing hub. Mr. Borja de la Cierva,

Director/Head of International Supply

Chain led the delegation. They held B2B

meetings with 272 different Pakistani

companies in Lahore, Sialkot,

Faisalabad and Karachi and visited 59

selective production facilities in these

cities.

As a result of these extensive

interactions, El Corte has inked an

agreement with Firoz International, a

Pakistani company, to operate its buying

offices in Karachi and Lahore. The

Pakistani Commercial Counsellor in

Madrid played a pivotal role in

materialization of this agreement, which

could not have been possible without

persistent follow up by TDAP. It's a big

achievement as currently EI Corte

operates its procurement wing of South

Asia from India and soon they will start

procuring from Pakistan and all future

orders will be exclusively executed

through Pakistan.

EI Corte has an annual turnover

of over US$ 25 billion and is a trusted

name in quality of products and services

in European market. It has more than

400 Stores under the brand names of El

Corte Ingles; Hipercor; Supercor;

Opencor etc. El Corte Ingles annual

imports is more than US$ 12 billion and

80 percent of its imports are from Asia.

FAIRS &

EXHIBITIONS

9th International Trade Fair

at Lome, Togo

9th International Trade Fair at

Lome, Togo will be held from 25th

November ~ 12th December 2011.



following Number:-

Tel: 00228-2264031 / 2350727

Fax: 00228-2261754


URL: www.cetef.tg

20th International Trade Fair

of Dakar (FIDAK)

20th International Trade Fair of

Dakar (FIDAK) will be held from 01st ~ 12th

December 2011 at Dakar International

Exhibition Center (CICES).

The event will be suitable for

office equipment and office supplies,

Leather goods, Auto spare parts, Musical

instruments, surgical instruments,

Surgical equipments, Cosmetics,

Jewelry, and related items, Furniture,

Medicine pharmacy, Rice and Agricultural

products, IT, Fashion and Textiles,

Building and civil works, house hold

appliances and Arts & Crafts.



following address:-

Centre International Du Commerce

Exterieur Du Senegal (CICES)

BP: 8166


http://www.cetef.tg/


22

Dakar – Yoff Senegal

Tel: +221-338272530, 338273465

Fax: +221-338275275-78


URL: www.cicesfidak.com

Africa Export and Import

Fair 2011

Islamic Consumer Fair & Gelar

KUKM 2011 will be held from 15th ~ 18th

December 2011 in the Exhibition Hall

Tower SME / SMESCO, Japan, Gatot

Subroto - Jakarta.

The event will be suitable for

Islamic products and services.



following address:-

M/s. PT Wirausaha Melayu Mandiri

Achmad Zaki

President Director

Mt. Haryono Square

JI. MT. Haryono, Kav. 10

Lt. 2 # 2,

Jakarta – Timur

Tel/Fax: 021-29067182,


URL: www.wiramandiri.com


http://www.cicesfidak.com/


http://www.wiramandiri.com/


16

G over nment of P akis tan

Mini str y of C omm er ce

********

N o . 2 ( 1 ) 2 0 0 6 - E I I I s la ma b a d , t h e 7 t h J u ly , 2 0 1 1

N O T I F I C A T I O N

SU BJ E CT : RE CON S TITU TION OF F E DE RA L E X P OR T DE V E L OP M E N T A N D P R OM OTION

B OA R D

The Prime Minister is pleased to re-constitute the Federal Export

Development & Promotion Board (FEDPB) as under with the immediate effect and

until further orders: -

1. Prime Minister Chairman

2. Minister for Commerce Member

3. Minister for Finance Member

4. Minister for Industries Member

5. Minister for Textile Member

6. Minister for Agriculture Member

7. Minister for Investment Member

8. Chief Minister Punjab Member

9. Chief Minister Sindh Member

10. Chief Minister Khyber Pakhtunkha Member

11. Chief Minister Baluchistan Member

12. Chief Minister Gilgit Baltistan Member

13. Prime Minister Azad Jammu & Kashmir Member

14. Governor, State Bank of Pakistan Member

15. Deputy Chairman, Planning Commission Member

16. Chief Executive, TDAP Member

17. Secretary Commerce Member / Secretary

18. Secretary Finance Member

19. Chairman, Federal Board of Revenue Member

20. President, Federation of Pakistan Chambers of Commerce & Industry Member

21. Chairman, National Assembly Standing - Committee on Commerce Member

22. Chairman, Senate Standing Committee on Commerce Member

23. President, Karachi Chamber of Commerce & Industry Member

24. President, Lahore Chamber of Commerce & Industry Member

25. President, Khyber Pakhtunkha Chamber of Commerce & Industry Member

26. President, Baluchistan Chamber of Commerce & Industry Member

2. The Terms of References of the Board are:-

(i) To periodically review the country's export performance

(ii) To examine all important matters relating to export promotion and to

consider ways & means of improving export performance; and


17

(iii) To consider long-term plans and projections for the growth of export

and to approve policy measures necessary for achieving exports

targets.

3. Ministry of Commerce would serve as the Secretariat to the Federal Export

Development and Promotion Board.

4. This supersedes this Ministry's Notification No. 2(1)/2006- Tex dated 22nd

December, 2008.

(Adnan Younis Lodhi)

Section Officer (TP)

R E V I E W O F R U S S I A N M E A T M A R K E T

he financial crisis has

negatively impacted

upon consumer habits of Russians.

Through the last months of 2010

household budgets got fairly

exhausted, and that compelled

many' consumers to abandon their

expensive habits and immoderacy

including purchase of unnecessary

food items. Meat and meat

products, especially expensive

kinds are gradually disappearing

from Russians' diets. Moreover,

current situation affects the whole

food industry along with the

consumers. Anyway, decline of

mass production of meat delicacies

in Russia, for instance of summer

sausage, is quite a probable.

To a great extent industry's

problems are determined by high

import-dependence of Russian

meat-processing facilities-through

the recent year imported meat was

rather cheap and thus provided

extra advantages to

manufacturers. Meat products made

from domestic meat are quite a rarity

on shop shelves; moreover, significant

part of raw meat retail offer is provided

by import.

Considering pessimistic

scenarios of the market's future

performance, Russian politicians and

economists keep highlighting necessity

of reduction of import volumes.

According to experts, general meat

import volume this year is forecasted

to decline from 30 to 25% of the

previous year's import market volume.

Some import decline is indeed

observed, but it's basically determined

by the crisis. According to market

analysts in Russia, through the first

half of 2010 total import volume of

chilled and frozen meat of all kinds to

Russia reduced by 23.8% against the

same period of previous year to make

585 thousand tons. Statistics of

Federal Customs Service is slightly

difference: decline by 28% with

T


18

current volume of 513.5 thousand

tons. Meanwhile according to

"Academy Service's" estimations,

in the first half of 2010 beef import

volume constituted 239.8 thousand

tons, which was by 20% less

against the same time of the

previous year. Nevertheless, on

the background of growing dollar

beef prices increased

approximately by 25%.

However, brief analysis of

domestic beef production reveals

no obvious import-dependence.

Indeed, statistics showed 1.75

million tons of domestically

produced beef in 2008 with import

volume a little below 800 thousand

tons. This ratio looks not so bad, at

least not drastic. Still, there are

many flattering ways of data

analysis and presentation so this

should be kept in mind.

Traditionally Russian

statistics uses the so-called

"slaughter weight", i.e. the weight

of meat with bones, while imported

beef is always boneless. Besides,

domestic raw meat fails to satisfy

requirements of meat-processing

plants in the key parameters,

quality, slaughter, and carving. On

boneless basis domestic beef

production in Russia accounted in

2008 for about 1100 thousand tons

where “processable” beef*and

high-quality raw meat* constituted

just 400 thousand tons and 62.2

thousand tons respectively.

Noteworthy that beef import

in Russia is under quotas

introduced to protect domestic

manufacturers. Currently quota

accounts for 450 thousand tons

annually. However in practice this

import volume isn't sufficient to satisfy

domestic demand. Only in 2010 actual

import volume exceeded quota by two

times: according to “Acadmic

Service”s” estimations beef import

volume constituted 768.09 thousand

tons. And despite the crisis, increase if

import prices, significant fluctuations of

currencies' exchange rates, and some.

decline of import volume in early 2009,

this year import quota is very likely to

be exceeded again.

No significant changes in import

structure were registered: Latin

American countries are still the

strongest market players, and share of

the leader, Brazil even increased a

little to make 59% of the total import

value.

And still, why Russian meat

market -beef segment in particular -

remains highly import-dependent?

Indeed, on the one hand the crisis

reduced the demand and on the other

consumers should get more interested

in domestic products as local

manufacturers are willingly offer better

prices than importers. Besides,

conditions for meat farming in Russia

are very advantageous thus meat

farming turns out to be easier and

more profitable than dairy-farming.

Moreover, Russian manufacturers have

every possibility to offer consumers not

only frozen, but also chilled meat.

Meanwhile for obvious reasons, in

2010, share of chilled beef constituted

only 3% of total beef import value.

A number of experts think that

Russian beef manufacturers can

benefit from current decline of import.


19

It is expected that in the wake of

financial crisis, the Russian

consumers would turn to local

products, choice of which requires

spending of fewer rubles. However,

to win back consumer the import

market should provide both

sufficient quantity of product and

proper quality level with a better

price.

Meanwhile, the crisis

creates opportunities along with

challenges. One should remember

that development requires serious

investments however payback

during the crisis is usually delayed.

Currently many investors have

suspended their projects due to

high bank loan rates; besides,

agriculture has has never been

investors' darling. Thus

establishment of well-run domestic

beef production might require at least a

decade.

Today a great depends on

government policies this year the

government allotted 4.5 billion rubles

for support of domestic beef

production; 3 billion rubles in this

amount are meant for regional support

programmes financing of which is to be

shared with regional authorities.

However, efficiency and timing of funds

distribution in many cases is too low.

Meanwhile the stock of meant cattle

has reduced almost by three times

during the last 10 years.

Besides meat-processing plants

prefer to work with standardized and

predictable import supplies and rarely

trust domestic manufacturers. Again,

foreign suppliers turn out to have all

competitive advantages.

Source:

Embassy of Pakistan

Trade Office

Moscow

EU AND PAKISTAN TRADE RELATIONS


23

mong the EU

Countries,

consumption per

capita in July was the

highest followed by Belgium and

Germany. Consumption of woven

outwear was lower Spain than

EU average Consumption.

2. In 2008, the share of the

total value of women's woven

outerwear sales in the major EU

countries exceeded 50 percent,

making it a leading sector in EU

market. Market shares for woven

outerwear in 2008 were trousers

and shorts 35 percent, dresses 9

percent, Skirts 5 percent indoor

jackets 5 percent and, other

products 15 percent.

3. Trade with European

Union is clearly in Pakistan's

favor. There is however scope

for more mutually benef icial

commercial act ivit ies.

4. Under EU offer, $1 bil l ion

worth of home-text i le exports to

EU were excluded from

concession f rom Pakistan while

mostly duty free import of text i le

raw material was allowed. As a

result local value-added sector

strongly opposed EU offer,

saying it would only encourage

export of raw material from the

country result ing in high input

cost for local industry.

5. Increasing trade with its

main partners and with the EU,

is part of Pakistan's economic

revival agenda. Texti le and

clothing is an important sector

for EU- Pakistan trade relat ions

6. The European Union remains

Pakistan's largest trading partner

receiving 27.40/0 of Pakistan's

exports and providing 17% of its

total import. The overall volume of

trade between the EU and Pakistan

was worth euro 5.06 bil l ion in

the year 2002 with a trade surplus

of euro 765 million in Pakistan's

favour.

7. Pakistan trade with the EU is

mainly composed of text i les, which

account for over 60% of the total

Pakistani exports to the EU,

followed by leather products, which

account for l3% of the total

Pakistani exports.

8. The EC and Pakistan also

cooperate in WTO multi lateral

trade negotiat ions and key aspects

of the DDA. These include among

others special and dif ferential

treatment provision including a

package of results with real value-

added for developing countries

after the Cancun ministerial

conference, implementation of

developed countries commitments

in the f ield of trade related

technical assistance, as an

important underpinning of the DDA

negotiat ions and their

implementation and specif ic sect

oral negotiations such as in

services and non-agricultural

(industrial) products, where WTO

should seek ambit ions tariff

reductions in, sectors of key export

interest to developing countries.

Conclusion:

A


24

9. The trade relat ions

between EU and Pakistan play

an act ive role in the world. By

some estimates, Pakistan has an

immediate requirement for up to

$20 bil l ion in infrastructure

development that could provide

good opportunit ies for EU

exporters and investors. A major

privatizat ion effort in the

telecommunications al1d

f inancial sectors should offers

addit ional markets for EU

producers and investors, Today,

foreign investment by the UK,

followed by the Netherlands and

' Germany. The trade development

and the promotion of business and

inst itut ional l inks represent about

10% of the EC's development

budget for, Pakistan.

10. Due to the instabil i ty in

relat ionship .between Pakistan and

USA, we have to make

a deep focus on EU Market for

stabling our self .

Value in ‘Million’

Dollar

S.NO Regions/Countries July-

June

July-

June

Change

2009-

10

2008-

09

VALUE %

1 E.U. COUNTRIES 4599.95 4412,43 187.52 4.25

2. AUSTRIA 16.67 15.23 1.44 9.46

3. BELGIUM 430.40 392.98 37.42 9.53

4. BULGERIA 11.51 10.88 (0,63) 5.79

5. CHECH REPUBLIC 16.30 16.19 0.11 0.68

6. FINLAND 42.67 45.54 (2.87) (6.31)

7. FRANCE 319.05 313.59 5.46 1.74

8. GERMANY 792.94 737.99 54.95 7.45

9. IRISH REPUBLIC 50.01 39.22 10.79 27.51

10. ITALY 605.81 579.75 26.06 4.50

11. LATVIA 5.23 5.04 0.19 3.77

12. LITHUANIA 23.89 23.89 - 0.00

13. LUXEMBOURG 0.25 0.09 0.16 177.78

14. ROMANIA 23.75 20.47 3.28 16.02

15. SLOVENIA 3.64 2.83 0.81 28.62

16. SPAIN 434.25 404.50 29.75 7.35

17. UNITED KINGDOM 1027.68 874.59 153.09 17.50

Source: Federal Bureau of Statistics


21

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The Export News as you may have noticed is now not only promptly

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The Export News is available on TDAP’s Webportal www.tdap.gov.pk,

a hard copy can be obtained on annual subscription.

A request for 52 issues of EN can be made on company letter head,

addressed to Director Communication, along with a pay order / bank draft of Rs. 500/- (Rupees Five Hundred only) in favour of Account Officer EMDF, Trade Development Authority of Pakistan, Karachi.

http://www.epb.gov.pk/


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10


11

COUNTRY / FIRM TEL/FAX/E-MAIL PRODUCTS / ITEMS

GREECE

M/s George Kouderis, 4 Kalapothaki str. 54624 Thessaloniki,

S ourc e : E m bassy of P ak i s tan

A th ens

Tel: 30(2310) 334440

Fax:30(2310) 334441

E-Mail:

[email protected]

Natural Salt

NEPAL

M/s Universal Trade Link, 72, Phaichasal, Jhochhen Tole, Kathmandu,

S ourc e : H igh C om m iss ion fo r

P ak i s tan Kath m and u

Tel: 97714248860,

4251860

Fax: 9771 4248394

E-Mail:

[email protected]

Vaccine (Human Live Saving)

Medicine Sugar Manufacturer

BANGLADESH

Salimuzzaman Johnny, Chief Executive Officer (CEO) M/s. Shiny Trade International 62/1, Purana Paltan (2nd Floor) Motijheel C/A, Dhaka-1000

S ourc e : H igh C om m iss ion fo r

P ak i s tan D h ak a

Tel/Fax: +88-2-9570201

Cell: +88-0171-3000712

E-mail:

[email protected]

All type of Rexene, Pvc Leather Cloth

The enquiries included in this Bulletin are received directly from foreign individual importers or through Pakistan’s Trade Offices / Embassies abroad. While

every effort is made to ensure that the information given in this bulletin is accurate, no legal responsibility is accepted for any inaccuracy or omission. Parties are

introduced without any responsibility or prejudice on part of the Authority regarding their standing or status.



http://us.mc1147.mail.yahoo.com/mc/[email protected]


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