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Pakistan’s exports to UK touch US$ 1 bn historic mark in six months: High Commissioner

Morpheus

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Pakistan’s exports to UK touch US$ 1 bn historic mark in six months: High Commissioner
Wed, 3 Feb 2021, 10:20 PM


Pakistan’s exports to UK touch US$ 1 bn historic mark in six months: High Commissioner


ISLAMABAD, Feb 3 (APP):High Commissioner Moazzam Ahmad Khan has noted with appreciation that Pakistan’s exports to the United Kingdom (UK) have increased by 22% touching the historic mark of one billion dollars in six-month period despite the Covid-19 pandemic and lockdowns.

He was delivering his inaugural speech at Pakistan’s First International Virtual Textile Expo 2021, a press release issued by Pakistan High Commission in London on Wednesday said.

The event, held on February 1, was organized by Trade Development Authority of Pakistan (TDAP) in collaboration with the Economic and Trade Wing London.
The purpose was to create awareness about the potential of Pakistan textile sector, demand in the UK market and connect buyers and sellers through this virtual platform.

Virtual Expo is a one stop sourcing event for home textiles, readymade garments and apparels, High-end Fashion Garments, Fabrics and Personal Protective Equipment (PPE) amid Covid-19 challenge.

Around 100 leading businessmen from Pakistan and the UK attended the Webinar.
Congratulating the organizers of the event, the High Commissioner said that the textile sector of country constituted around 60% share in Pakistan’s total exports and was also one of the very few countries of the world which housed the entire value chain of textile products.

He said Pakistan’s exports to the UK market enjoy duty free access which resulted in exponential growth in the exports of textile products which reflected an upward trajectory in Pakistan-UK trade relations.
He urged the UK businessmen to take advantage of Pakistan’s friendly investment policies and liberal trade and investment regime.

During the event UK’s Trade and Investment Minister Shafiq A. Shahzad made a brief presentation on the Tariffs and Trade of Textile sector between the two countries and highlighted the potential for enhanced trade between Pakistan and the UK.
Other speakers deliberated on the capacity of Pakistani manufacturers and compliance related factors.
Saeed Khilji, Chairman Textile Manufacturing Association Leicester and

Ms Faryal Sadiq, Vice President Sales & Marketing, Interlope highlighted emerging demand of Pakistan’s wide range of textile and apparel products in the UK market, and underlined the need for compliance of standards to increase its market share.
In the end, buyers and sellers exchanged their company profiles for B2B meetings and future engagements.

++++++++++++++++++++++
 

Zaki

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I think we should be thankful to overseas Pakistanis for that since majority of imports to UK are mango, food items and textile products imported by overseas Pakistanis
 

313ghazi

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They could double that just by sending good quality mangoes. Imagine the queue in every supermarket if you could smell Pakistani mangoes as you walked in. It'd be a craze!
 

Indus Pakistan

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I think we should be thankful to overseas Pakistanis for that since majority of imports to UK are mango, food items and textile products imported by overseas Pakistanis
Only the other day whilst shopping in my local grocery store I came across chillies with origin of country - Pakistan. I bought them over and above others.
They could double that just by sending good quality mangoes. Imagine the queue in every supermarket if you could smell Pakistani mangoes as you walked in. It'd be a craze!
Honestly Pakistani mangoes will not make a major impact on the mainstream market. Their are too sweet and full of sugar. However Pakistani nuts, guavas, oranges, vegetables like aubergines could find huge market if only cost and quality was assured.
 

waz

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Only the other day whilst shopping in my local grocery store I came across chillies with origin of country - Pakistan. I bought them over and above others.
Honestly Pakistani mangoes will not make a major impact on the mainstream market. Their are too sweet and full of sugar. However Pakistani nuts, guavas, oranges, vegetables like aubergines could find huge market if only cost and quality was assured.

Fruit sugar is all good bro.
Our Goreh UK lot love our mangos.
 

Pak_Sher

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Pakistan’s exports to UK touch US$ 1 bn historic mark in six months: High Commissioner
Wed, 3 Feb 2021, 10:20 PM


Pakistan’s exports to UK touch US$ 1 bn historic mark in six months: High Commissioner


ISLAMABAD, Feb 3 (APP):High Commissioner Moazzam Ahmad Khan has noted with appreciation that Pakistan’s exports to the United Kingdom (UK) have increased by 22% touching the historic mark of one billion dollars in six-month period despite the Covid-19 pandemic and lockdowns.

He was delivering his inaugural speech at Pakistan’s First International Virtual Textile Expo 2021, a press release issued by Pakistan High Commission in London on Wednesday said.

The event, held on February 1, was organized by Trade Development Authority of Pakistan (TDAP) in collaboration with the Economic and Trade Wing London.
The purpose was to create awareness about the potential of Pakistan textile sector, demand in the UK market and connect buyers and sellers through this virtual platform.

Virtual Expo is a one stop sourcing event for home textiles, readymade garments and apparels, High-end Fashion Garments, Fabrics and Personal Protective Equipment (PPE) amid Covid-19 challenge.

Around 100 leading businessmen from Pakistan and the UK attended the Webinar.
Congratulating the organizers of the event, the High Commissioner said that the textile sector of country constituted around 60% share in Pakistan’s total exports and was also one of the very few countries of the world which housed the entire value chain of textile products.

He said Pakistan’s exports to the UK market enjoy duty free access which resulted in exponential growth in the exports of textile products which reflected an upward trajectory in Pakistan-UK trade relations.
He urged the UK businessmen to take advantage of Pakistan’s friendly investment policies and liberal trade and investment regime.

During the event UK’s Trade and Investment Minister Shafiq A. Shahzad made a brief presentation on the Tariffs and Trade of Textile sector between the two countries and highlighted the potential for enhanced trade between Pakistan and the UK.
Other speakers deliberated on the capacity of Pakistani manufacturers and compliance related factors.
Saeed Khilji, Chairman Textile Manufacturing Association Leicester and

Ms Faryal Sadiq, Vice President Sales & Marketing, Interlope highlighted emerging demand of Pakistan’s wide range of textile and apparel products in the UK market, and underlined the need for compliance of standards to increase its market share.
In the end, buyers and sellers exchanged their company profiles for B2B meetings and future engagements.

++++++++++++++++++++++
Trade with UK has a lot of potential. Every effort should be made to increase trade, commerce and cultural cooperation.
 

313ghazi

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Trade with UK has a lot of potential. Every effort should be made to increase trade, commerce and cultural cooperation.
The problem people have is finding reliable suppliers in PK.

Can you imagine how much money could be made if the elaborate wood carved furniture of Pakistan could be created in standard sizes, finished to a good quality and then sold in volume. It could be a branded furniture line in so many furniture stores.
 

Ali_Baba

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The BIGGEST problem Pakistan has to solve is to get Internal payment gateways like Paypal, Western Union..(add the other dozen in there) working in Pakistan as part of the local eCommerce system.

Once they figure that out, exports will go up a lot !!!!

My entire family is now comfortable with eCommerce purchases, and i can only imagine if they could order things from "Amazon Pakistan" and get them delivered to the UK..

There is a massive opportunity there, but Pakistan seems to lack the conviction to see the benefits of this and adopting a strategy to make this happen?
 

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