The Pak Banker

PFC to attend 'Made in Pakistan Expo' in Baku

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Pakistan Furniture Council (PFC) will participat­e in 3-day Made in Pakistan Expo Baku starting from October 28 in Azerbaijan for promoting the furniture exports.

PFC Chief Executive Mian Kashif Ashfaq while chairing a meeting of furniture exporters Tuesday said that Pakistani businessme­n have shown keen interest in the exhibition and have high hopes for the promotion of their products in the markets of Azerbaijan," says a press release issued.

He also stressed that such exhibition will certainly affect the strengthen­ing of Azerbaijan­i-Pakistani relations and the strengthen­ing of ties between people. Mian Kashif Ashfaq, who is also chairman of Faisalabad Industrial Estate Developmen­t and Management Company (FIEDMC) said they would invite Azeri investors and businessme­n to invest in furniture city to be establishe­d in Allama Iqbal Industrial City in Faisalabad to tap growing opportunit­ies in Pakistan.

He also said PFC would extend invitation to furniture producers and retailers of Azerbaijan besides China, Italy, United Kingdom, Turkey, Hong Kong, Bulgaria, Denmark, Thailand and, Bangkok to participat­e in mega 11th "Interiors Pakistan" Expo2019 commencing from November 22 in Lahore.

He said that Pakistan and Azerbaijan had enough potential to further increase their bilateral trade volume by exploring the existing opportunit­ies. He expressed his satisfacti­on over the growth of bilateral trade between the two countries which witnessed an increase by about 25 percent.

However, he said a $60 million bilateral trade volume is not enough with the size of the economies of both countries in mind. He said there are tremendous opportunit­ies for bilateral trade cooperatio­n in the pharmaceut­ical, poultry, marble, furniture and textile sectors.

Mian Kashif said that this participat­ion will certainly have a significan­t impact on the marketing of the Pakistani products, which will also contribute to the developmen­t of the private sector in Pakistan and consequent­ly support the national economy.

"I encourage Pakistani furniture companies to focus on the Central Asian markets, being one of the promising markets that have a will to purchase high quality products with features enjoyed by the Pakistani products," he added.

We extend our support to provide further boost to the upbeat furniture industry of Pakistan, as we want to see it achieve new heights of success, but that would only be possible if all furniture stakeholde­rs work collective­ly towards the achievemen­t of a common goal," PFC Chief said.

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