Collective Efforts Needed For Enhancing Trade: Envoy
Faizan Hashmi Published March 20, 2018 | 09:11 PM
Brazilian Ambassador to Pakistan Claudio Raja Gabaglia Lins on Tuesday said that there was a great need of collective efforts for boosting bilateral trade volume between Brazil and Pakistan.
SIALKOT, (UrduPoint / Pakistan Point News - 20th Mar, 2018 ) :Brazilian Ambassador to Pakistan Claudio Raja Gabaglia Lins on Tuesday said that there was a great need of collective efforts for boosting bilateral trade volume between Brazil and Pakistan.
Addressing the members of Sports Goods Manufacturers and Exporters Association (PSGMEA), he said that Sialkot was import business hub of Pakistan and the city was much popular among the sports circles of Brazil.
Sialkot is globally known for its quality products especially Soccer balls, he said and added "We are making adequate efforts for extending the sphere of bilateral trade between Brazil and Pakistan".
Pak-Brazil Business Forum will be operational by the end of next month and hopefully the Forum will be much supportive in enhancing the mutual trade, he disclosed. He was of the view that Pak-Brazil Business Forum will also help in bringing closer the business communities of both sides.
The Ambassador stressed the business community of Sialkot that they should focus on developing more trade ties with Brazil and help in enhancing the volume of two-way trade. Chairman, Sports Goods Manufacturers and Exporters Association (PSGMEA) Hasnain Iftikhar Cheema in his address of welcome sought technical assistance of Brazil in development of technology and machinery upgradation to facilitate SME sector of Sialkot.
"We understand that trade bodies and organizations of both the countries can play an instrumental role in developing bilateral trade relations between both the countries", he said. The PSGMEA Chairman stressed the importance of subsidized duty surcharge on the imports of different SME products from Pakistan like footballs, motorbike apparel, boxing/fitness gear etc.
Recent Stories
Pakistan's total liquid foreign reserves reach $ 13.42 billion
Aeon & Trisl signifies back-to-back successes by securing the No. 1 Award at the ..
Attaullah Tarar’s success notification from NA-127 challenged
PSX witnesses positive trend today
PM Shehbaz meets CJP Isa to address IHC judges’ concerns
Pakistan vows to bring to justice perpetrators, abettors of Bisham terrorist att ..
May 9 riots: SC allows conditionally to military courts to deliver reserved verd ..
Interior Minister arrives in Peshawar after Shangla suicide attack
OPPO Reno 11 F 5G: Setting New Records as Pakistan's Most Beloved Smartphone Lin ..
PCB dismisses FICA's claims of unpaid dues in PSL
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 28 March 2024
Today Gold Rate in Pakistan 28 March 2024
More Stories From Business
-
Commerce Minister initiates push for E-commerce growth with in-house briefing
25 minutes ago -
Pakistan's total liquid foreign reserves reach $ 13.42 billion
31 minutes ago -
Korean envoy promises all efforts to enhance direct trade with Faisalabad
55 minutes ago -
Russian Ambassador congratulates Jam Kamal on assuming charge, discusses trade
2 hours ago -
Aeon & Trisl signifies back-to-back successes by securing the No. 1 Award at the Emaar & Top Award a ..
2 hours ago -
Development of SMEs govt's top priority: Rana Tanveer
3 hours ago
-
PSX witnesses positive trend today
4 hours ago -
Gold rates up by Rs.1,500 to Rs.231,000 per tola
4 hours ago -
Pakistan earns US $419m from travel services' export in Jul-Jan
6 hours ago -
Tokyo stocks drop on ex-dividend day
6 hours ago -
Exchange rates for currency notes
7 hours ago -
Foreign exchange rates
7 hours ago