Function of enterprise group important to spice up Pak-US commerce ties: Naveed Qamar
- Minister says Pakistan is raring to spice up commerce ties with US.
- Says govt is devoted to supporting enterprise group.
- Asks personal sector to develop revolutionary methods to extend market share.
WASHINGTON: Minister for Commerce Syed Naveed Qamar stated that the personal sector and enterprise group had a pivotal function to play in reaching the aim of bolstering commerce relations between Pakistan and the US.
The minister met with the management of the American Attire and Footwear Affiliation and representatives of Pakistan’s main companies right here on the embassy of Pakistan.
The delegation included Stephen Lamar, President & CEO American Attire & Footwear Affiliation, Nate Harmen, Senior Vice President (Coverage), Beth Hughes, Vice President (Commerce & Customs Coverage), Ms. Hun Quach, Director of Coverage and Advocacy, Levi Strauss & Co. and Greg Snipes, CFO & COO, Royce Too LLC. Different individuals included Shelley Rider (Interloop), Steve Pianowski (Nishat Chunian), Irfan Hassan (Al-Karam), Ahmed Fraz (Gul Ahmed), Mubasher Butt (Prgmea), Muneeb Tariq (PHMA) and Kamran Arshad (APTMA).
Secretary of Commerce Muhammad Sualeh Ahmed Faruqi briefed the individuals about numerous steps being taken to facilitate the enterprise group and tackle their points.
Pak Ambassador to the US Masood Khan additionally attended the assembly.
The assembly mentioned intimately issues referring to bilateral commerce in cotton and textiles with a particular concentrate on strengthening Pakistan-US trade relations, institutionalization of mutual linkages, standardization, traceability and visibility of merchandise and facilitation of the enterprise group.
Addressing individuals, the commerce minister stated that Pakistan was eager to strengthen its economic ties with the United States. He stated that the personal sector and the enterprise group had a key function in realizing the imaginative and prescient of enhanced commerce ties between the 2 nations.
The minister stated that the federal government was dedicated not solely to offering each attainable facilitation to the enterprise group but in addition to puting in place insurance policies that might fulfil the necessities of the enterprise group and the worldwide market.
The minister stated that the personal sector ought to provide you with revolutionary concepts and options to beat present challenges and safe larger market penetration. He stated that diversification of merchandise whereas making certain high quality, affordability and competitiveness would assist Pakistani merchandise acquire extra market share.
The assembly was knowledgeable that the federal government was establishing the Nationwide Compliance Centre to handle problems with compliance of Pakistani merchandise to worldwide requirements. The centre could be operational by 30 June 2023.
Additionally, the minister inspired US entrepreneurs to participate within the TEXPO exhibition this Might.