12 ex­porters at­tends World Food Moscow Show: TDAP

The Pak Banker - - NATIONAL -

Trade De­vel­op­ment Au­thor­ity of Pak­istan (TDAP) has ar­ranged par­tic­i­pa­tion of 12 ex­porters from agri­cul­tural sec­tor in World Food Moscow ex­hi­bi­tion to im­prove vol­ume of trade with Rus­sia.

The other ob­jec­tive of the par­tic­i­pa­tion was to help ex­porters in­tro­duce and cap­ture Rus­sian mar­ket. Sources at TDAP on Fri­day said the Au­thor­ity is also ar­rang­ing par­tic­i­pa­tion of 15 ex­hibitors in In­ter­na­tional Sports Ex­hi­bi­tion in Moscow this year.

The sources said to get com­pet­i­tive mar­ket ac­cess in Rus­sian Fed­er­a­tion by low­er­ing the cus­toms du­ties ap­pli­ca­ble on Pak­istani goods, Min­istry of Com­merce has re­quested Min­istry of For­eign Affairs to re­quest Eurasian Eco­nomic Union for ini­ti­a­tion of talks for a Free Trade Agree­ment.

An­other event is Heim­tex­til Moscow - a lead­ing ex­hi­bi­tion for tex­tile prod­ucts and TDAP ar­ranges par­tic­i­pa­tion of Pak­istani ex­porters in this ex­hi­bi­tion ev­ery year.

Re­gard­ing bi­lat­eral trade be­tween Pak­istan and Rus­sian Fed­er­a­tion in last 5 years, the sources said dur­ing 2010-11 Pak­istan's ex­ports to Rus­sian Fed­er­a­tion were US $ 183.57 mil­lion, Pak­istan's im­ports from Rus­sian Fed­er­a­tion were US $ 163.42 mil­lion while to­tal vol­ume of trade was US $ 346.99 mil­lion.

Dur­ing 2011-12, Pak­istan's ex­ports to Rus­sian Fed­er­a­tion were US $ 189.61 mil­lion, Pak­istan's im­ports from Rus­sian Fed­er­a­tion were US $ 202.05 mil­lion and to­tal vol­ume of trade was US $ 391.67 mil­lion. Sim­i­larly, the data for 2012-13 showed that Pak­istan's ex­ports to Rus­sian Fed­er­a­tion were 207.31 mil­lion, Pak­istan's im­ports from Rus­sian Fed­er­a­tion were US $ 277.17 mil­lion and to­tal vol­ume of trade was US $ 484.482 mil­lion.

Dur­ing 2012-13, Pak­istan's ex­ports to Rus­sian Fed­er­a­tion were US $ 187.04 mil­lion, Pak­istan's im­ports from Rus­sian Fed­er­a­tion were US $ 235.08 mil­lion while to­tal vol­ume of trade was US $ 422.11 mil­lion. More­over, the sources said dur­ing 2013-14, Pak­istan's ex­ports to Rus­sian Fed­er­a­tion were US $ 187.04 mil­lion, Pak­istan's im­ports from Rus­sian Fed­er­a­tion were US $ 235.08 mil­lion while to­tal vol­ume of trade was US $ 422.11 mil­lion.

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