TC Jan-Feb 2016 PDF

TRADE CHRONICLE
Special Report t on PMLS 2016
Khurram Dastgir Khan announces formation of
Leather Concil for Pakistan Leather Industry
Chairman PTA Gulzar Firoz reviews and proposes remidal measures
for increase in leather export
PFMA Chairman Wasim Zakaria demands restoration of 6% R&D
Commerce Minister Khurram
Dastgir Khan has inaugurated
"Pakistan Mega Leather Show 2016"
at the International Expo Centre in
Lahore in late January. Chief
Executive of Trade Development
Authority of Pakistan S M Muneer,
Chairman Pakistan Footwear
Manufacturers Association Wasim
Zakaria and Pakistan Tanners
Association Chairman Gulzar Firoz
also spoke on the occasion. FPCCI
President Abdul Rauf Alam,
Ambassador of the European Union
to Pakistan Jean-Francois Cautain,
Chairman Pakistan Leather
Garments Manufacturers and
Exporters Association Chaudhry
Zulfiqar Hayat, Pakistan Glove
Manufacturers and Exporters
Association's Sadaqat Ali Khan, Vice
President SAARC Chamber of
Commerce and Industry Iftikhar Ali
Malik, Convenor, Steering Committee
of Pakistan Mega Leather Show
2016, Muhammad Musaddiq were
also present on the occasion.
The minister also announced
formation of Pakistan Leather Export
Promotion Council and said the
notification would be issued in next
week.
The Strategic Trade Policy
Framework will be announced soon
while we are going to launch branding
campaign for the Pakistan
Commerce Minister Khurram Dastgir Khan visiting Siddiq Leather stall.
Muhammad Musaddiq is seen explaning about Company progress to Chief Guest.
Gulzar Firoz, Chairman PTA is also seen in picture.
merchandise internationally. Pakistan
is getting reconnected with the world.
Pakistan has achieved political
stability which leads to policy and then
economic stability. He also
announced to double the capacity of
Expo Centre Lahore and setting up
Expo Centre in Peshawar.
Dastgir said that the current year
would be challenging in term of
exports, mainly because of the
economic slowdown in China and
there could be a decline in the import
orders from the Chinese companies
which used to buy Pakistani yarn.
Moreover, depreciation of the euro
against the dollar internationally would
also negatively impact the country
exports. As a result, we may also lose
the impact of 15 percent increase in
exports to EU countries following grant
of GSP Plus status, the minister added.
He said the efforts are underway to
collect taxes through one-window
that would be distributed later among
the federating units. During the
current winter, zero load-shedding
was observed at all the industrial
feeders across the country.
He said that not only the industrial but
the domestic consumers would be
getting electricity at competitive rate
Trade Chronicle - January - February 2016 - Page # 11