Need for value addition in production of export-oriented sectors stressed

34th PCMEA starts

Salim Ahmed

Lahore—Punjab Minister for Industries Ch. Muhammad Shafiq, Thursday, stressed the need for promoting value addition in the production of export-oriented sectors which would definitely jack-up the overall export volume of the country. Addressing the opening ceremony of a 3-day of 34th Pakistan International Handmade Carpet Exhibition organized by Pakistan Carpet Manufacturers and Exporters Association (PCMEA) in collaboration with Trade Development Authority of Pakistan (TDAP) at a hotel, the provincial Minister assured the export-oriented industry of extending all-out support for value addition of their products.
He added that government is also mulling to provide relief package to the export-oriented industry of the country, elaborating that the relief would be given on various input heads including energy cost, cost of doing business and domestic taxes. Ch. Shafiq said that government would continue to extend financial support for holding of such healthy activities of trade exhibitions. The PML-N government, he said, has the credit of ensuring conducive and business-friendly policies that resulted in huge local and foreign investments in Pakistan through a number of developmental projects. He said that Pakistan has suffered far much losses in the war against terrorism.
On this occasion, the Carpet Exhibition The newly elected PCMEA central chairman Usman Ghani, vice chairman Riaz Ahmed, Akhtar Nazir Khan Chief Organizer, M. Saeed Khan Chief Coordinator, Mian Attiq and the immediate past chairman Kh Shakir also address the opening ceremony. Cooki said that delegates from across the world were invited and over 150 foreign companies are expected to visit this magnificent carpet show. He said that this year Carpet Show is going to be the largest showcase of Pakistan’s handmade carpets. The event would be visited by a large number of buyers from across the world while over 65 national manufacturers will display their products in the exhibition.
He urged the TDAP to help improve the training institute of carpet industry, adding that a lot has yet to be done in R&D (Research and Development) section of the carpet sector. He said that trade fairs represent a significant opportunity for exporters to enhance their brand and product visibility and to promote new and existing products. He said that carpet fair will not only facilitate the entrepreneurs and business owners but also highlight the soft image of the country. The exhibition will provide an excellent opportunity of connecting in the areas of interest.

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