TDAP vows exports will cross $20b

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KARACHI – Trade Development Authority of Pakistan (TDAP) Chief Executive Tariq Iqbal Puri addressing a luncheon meeting at Korangi Association of Trade and Industry (KATI), said that Pakistan will cross the barrier of $20 billion exports this year. He said that TDAP has many export-oriented projects in the pipeline and after receiving funds, they would be implemented soon. He said that TDAP is planning to take part in as many as 80 international exhibitions abroad, out of which 25 exhibitions would be held in China. He said that China has offered free stalls in some of these exhibitions. He maintained that China would be the focus country for TDAP during 2011, as Chinese market is much lucrative than other countries.
Pakistan’s home textile and other items have a great export potential. He announced that the Board of Directors of TDAP would soon be reconstituted and prominent personalities would be taken into this board this time. He stated that it was being considered to split the Expo Pakistan exhibition into five to seven sectored exhibitions this year and proposals are being invited from trade bodies in this regard.
He said that TDAP is planning to carry out assistance and funding plan to non-traditional items’ manufacturers with the financial assistance of USAID. While replying to a query regarding export of lubricants and other petroleum products, he said that it was a brilliant idea and he should submit proposals in this regard so that lubricants could also be included in export commodities.