Traders to field candidates in next polls


RAWALPINDI (APP): Trade bodies of the city on Sunday decided to field their own candidates in the next election to present their recommendations for welfare of the community in Parliament. This was decided in a meeting in which trade organizations including Anjuman Tajraan Dalgaran Bazar,Ganjmandi,Gandam Mandi,Namak mandi,Chaudary Bazar,Narankari bazar and Naswari Bazar of the city participated. President Anjuman, Dalgaran Bazaar Sohail Akhtar demanded  of the district administration to shift the wholesale markets from the city areas to outside to ease traffic congestion adding the provincial government had formed a committee in  this regard. Prseident Gandam mandi Hafiz Anwar said that it was our genuine demand to relocate the wholesale market as they faced problems in transporting goods to northern areas, Kashmir as well as within the city due to the traffic congestion. President Anjuman Tajran Ganjmandi Shahbaz Alam said that the traders had had a large vote bank and would field their own candidate to get their problems solved.


FCCI for IPR law implementation


FAISALABAD (APP): Strict enforcement of Intellectual  Property Rights (IPR) law is imperative to survive in the era of globalization and the Faisalabad Chamber of Commerce and Industry (FCCI) is ready to host an awareness session for its members on this important topic, in collaboration with International Property Rights Organisation (IPO), said Farooq Yusuf, Senior Vice President of the FCCI. Addressing the first meeting of IPR Enforcement Coordination Committee at Model Customs Collectorate, Faisalabad Dry Port here Sunday, he said that the IPR enforcement committee is one of the key features of IPO Pakistan. He said that the Customs Department has taken steps for enforcement of the IPR but still a majority of small businessmen are not fully aware of the restrictions in this regard. Collector Customs Dr Asif Jah said that intellectual property organisation of Pakistan was established as an autonomous body on April 8, 2005 under the administrative control of the cabinet division for integrated and efficient intellectual property management.

He said that trademarks registry, copyright office and patent and design office has become part of the new organization under a unified and integrated management.



Prgmea wants display centres abroad


SIALKOT (APP): Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A Khokhar has urged the government to take initiatives for setting up display centres in Dubai and Rotterdam for enhancing exports. Talking to APP on Sunday, he said that foreign businessmen and professionals from all over the world will be encouraged through easier and hassle-free visa processing by Pakistan as investors are reluctant to visit Pakistan. He suggested that the government should allow on-arrival Pakistani visa to the businessmen enabling them to stay in Pakistan when they travel to South Asia and Middle East. Due to negative travel advisory, the foreign buyers are reluctant to come to Pakistan for business and marketing purposes, he said adding that there was great need for revision of the visa policy to facilitate the foreign buyers and investors. Ijaz said at present more than 30 per cent cash flow is blocked for long in the shape of sales tax refund and custom rebates which is adversely damaging cash liquidity for boosting business.

Our value added products are unable to fetch high value due to the poor packaging and under the circumstances there is need of setting up a product and packaging centre for ensuring better packaging, he added.




PFC to participate Commonwealth Forum


ISLAMABAD (APP): Pakistan Furniture Council (PFC) will send a high powered furniture producers' delegation to UK  to participate in Commonwealth Business Forum 2018  being organized by Commonwealth Enterprises and Investment Council (CWEIC) from 16 to 18 April on the sidelines of Commonwealth Heads of Government Meeting (CHOGM). PFC Chief  Mian Kashif Ashfaq in a press statement issued here Sunday  said Pakistan attaches great importance to its relations with the Commonwealth being one of the founding members. "It is high time we begin to explore the opportunities that the Commonwealth can help to unlock, the intra Commonwealth trade potential, especially post-Brexit." He added, "To reap the benefits of our common heritage we need to capitalise on the Commonwealth's trade advantage. The intra-Commonwealth trade advantage which currently stands at 19 percent has the potential to be enhanced a great deal," He said PFC business tour would provide a chance to explore new avenues by sharing vision, expertise for formulation of future policies.


, economic studies, sectoral and project specific reports besides promotional efforts.

The delegation would have one on one direct interaction with foreign business leaders, researchers and investors in European countries, he said adding the tour would enable investors to identify potential organizations to partner and developing successful regional economic strategies and support regionally vital businesses.He was of the view that economic and trade relations between Pakistan and Commonwealth countries possess great potential and there was dire need for Pakistani business community to focus on improving their competitiveness in the commonwealth markets.

Mian Kashif said at present, the trade between Pakistan and Commonwealth has crossed US$ 10 billions with exports volume US$ 4.3 billions and import volume is more than US$ 6 billions.

The Commonwealth Business Forum - integral part of the Commonwealth Heads of Government Meeting - convenes business leaders, industry experts and senior government representatives to discuss the issues and challenges confronting with their countries in 2018 and beyond.