KARACHI: First ever product specific exhibition in Pakistan named TEXPO 2016, the 4-day international textile exhibition, started on Thursday at Expo Centre Karachi.
Organised by Trade Development Authority of Pakistan (TDAP), Ministry of Commerce, TEXPO was inaugurated by Federal Minister for Commerce, Engr Khurram Dastgir Khan, and the guest of honour, Sri Lankan Minister for Commerce, Rishad Bathiudeen.
TEXPO 2016 is a specialized initiative on part of TDAP for the promotion of business opportunities for the most significant and potent sector of Pakistan – the textile industry. Overall 230 major companies, who are the leading exporters of Pakistan, have setup 320 stalls in 4 exhibition halls and over 450 foreign buyers/ importers from around 60 countries are visiting TEXPO 2016.
Pakistan’s leading textile brands have set up customized stalls in Hall 2. Fashion Council Pakistan along with the top designers are showcasing their latest collection. TEXPO is yet another brand developed by TDAP. This successfully follows other TDAP brands such as EXPO, AALISHAN Pakistan and Single Country Exhibition, Ghent and Sri Lanka.
After the inauguration, Minister for Commerce Khurram Dastgir Khan, along with Secretary Commerce Azmat Ali Ranjha, TDAP C.E S M Muneer, and Secretary TDAP, Rabiya Javeri Agha held high profile meetings with the delegations from France, China, Kazakhstan, Belgium, Netherlands, Vietnam, Spain and Germany.
TDAP had facilitated the foreign buyers with services of interpreters in Chinese, Japanese, French, Arabic, German and Russian languages. Meetings were also arranged for different delegations with FPCCI and KCCI.
The delegation from Hong Kong signed MoUs with both the chambers and productive meetings were held between the representatives of the chambers and the delegates from Kazakhstan, China, Vietnam and France.
Almost all the major trade associations of Pakistan related with the textile and leather sector have marked their presence in TEXPO Pakistan, 2016 by setting up their own customized stalls.
Karachi Chamber of Commerce and Industry (KCCI) and Pakistan Chamber of Commerce Hong Kong (PCCHK) on Thursday signed a Memorandum of Understanding (MoU) for further increasing the existing trade between the two countries by exploring new markets in Hong Kong.
KCCI President Younus Muhammad Bashir and PCCHK Vice President Dr Ellen Lau signed the MoU on behalf of their chambers at KCCI Pavilion, established at the TEXPO Pakistan, which is currently underway at Karachi Expo Center.
A 5-member delegation from Hong Kong, led by Consul General of Pakistan in Hong Kong Ghufran Memon, expressed its eagerness to build institutional linkages between the two countries, and stressed the MoU should not be just a paperwork; it must be transformed into something doable.
The Indonesian delegation, led by Indonesian Chamber of Commerce and Industry Vice Chairman Mufti Hamka, expressed the desire to enhance trade and business ties with the Pakistani businessmen and industrialists, particularly those associated with garments manufacturing, fashion industry, cotton fiber, synthetic fiber, bed sheets and cotton yarn. Members of the delegation called upon the business community of Karachi to benefit from Indonesia’s massive manpower by setting up their units there, where they could get many facilities, including cheaper electricity.
Furthermore, an 8-member delegation from Spain, led by Commercial Counselor of Pakistan’s Embassy in Spain Faiz Ahmed, during its meeting with the KCCI office- bearers and managing committee members informed they had been enjoying excellent trade and business ties with their counterparts in Pakistan, and were looking forward to further strengthening them, particularly with their counterparts in Karachi.
“This is the key reason for our participation in TEXPO Pakistan,” they added. “The Spanish business community prefers to do business with Pakistan, as diverse and high-quality products, from different sectors, are easily available at competitive rates in Pakistan,” they said.
On the occasion, commercial counselor of Pakistan’s Embassy in Spain informed that Pakistan’s Embassy had been issuing visas to the Spanish businessmen in a day. He said that trade between the two countries had improved during the past three years, and it was pretty much stable.
He asked the KCCI to organise a visit of a trade delegation to Spain in order to look for opportunities for enhancing trade with Spain. KCCI President Younus Muhammad Bashir, in his address to the foreign delegates, assured Karachi Chamber’s full support to them with a view to further improving Pakistan’s trade with the friendly countries.
He praised the Trade Development Authority of Pakistan (TDAP) for organising TEXPO Pakistan.
Source: The Nation