SMEDA to extend business advisory services under Kamyab Jawan Programme

ISLAMABAD, Jan 24 (APP):A delegation of Small and Medium Enterprises Development Authority (SMEDA) in the leadership of Secretary Industries and Production called on Special Assistant to the Prime Minister on Youth Affairs Muhammad Usman Dar to discuss role of SMEDA in educating and handling SME sector borrowers under the proposed Prime Minister’s Kamyab Jawan Programme.
This flagship initiative of the government will not only promote SME sector in the country but will also create one million employment opportunities for the youth.

Usman Dar said, “Development of SME sector was a key to economic turnaround of a developing country like Pakistan. It not only creates employment opportunities, but also contributes significantly towards the exports and GDP growth. Therefore, government intends to extend maximum support to this crucial sector both financially and technically under Prime Minister’s Kamyab Jawan Programme.
It was decided in the meeting that SMEDA will identify top 25 SME business ventures as per latest trends in the job market both locally and internationally. It will also develop their viable feasibility reports to educate and facilitate the potential entrepreneurs and provide training in business development cycle.
Usman Dar appreciated the efforts of Ministry of Industries and Production and SMEDA for the promotion of SME sector in the country.
He also urged upon them to put in their best for the economic empowerment of youth through creation of job under SME sector.

Reference: http://app.com.pk

پاکستان کی 20معروف کمپنیوںکی استنبول میں بین الاقوامی تجارتی میلے میں چمڑے سے بنی گارمنٹس،ہینڈ بیگز اور متعلقہ مصنوعات کی نمائش

اسلام آباد ۔ 24 جنوری (اے پی پی)چمڑے کی مصنوعات تیار کرنے والی پاکستان کی 20معروف کمپنیوں نے استنبول کے کانگرس سنٹر میں منعقدہ بین الاقوامی تجارتی میلے میں چمڑے سے بنی گارمنٹس،ہینڈ بیگز اور متعلقہ مصنوعات کی نمائش کی۔استنبول میں چمڑے کی مصنوعات کی نمائش کی غرض سے تجاری میلے کا انعقاد گزشتہ بیس سال سے مسلسل ہو رہا ہے۔تجارتی میلے میں ٹریڈ ڈویلپمنٹ اتھارٹی پاکستان نے استنبول میں پاکستانی قونصلیٹ کے تعاون سے پاکستانی پویلین قائم کیا ہے۔شائقین اور کاروباری افراد کی کثیر تعداد نے چمڑے سے تیار کردہ پاکستانی مصنوعات میں گہری دلسپی کا اظہار کیا جبکہ پویلین میں شائقین کیلئے روایتی پاکستانی چائے، سنکیس اور پاکستانی موسیقی کا بھی خصوصی اہتمام کیا گیا ہے۔

Reference: http://urdu.app.com.pk

Qatar agrees to include Pakistani rice in its tender documents

ISLAMABAD, Jan 23 (APP):During recent visit of the Prime Minister to Qatar, the Qatari Government has agreed to include Pakistan origin rice in the tender documents of the Central Tendering Committee which falls directly under the purview of Qatar’s Ministry of Economy and Commerce.
The lifting of ban is expected to provide additional US $ 40-50 million of rice exports to Qatar if quality is maintained. Qatar annually imports 200,000 tonnes of rice, says a statement issued by the Ministry of Commerce here Wednesday.
The statement quoted Advisor on Commerce, Textile, Industries, Production, and Investment Abdul Razak Dawood as saying that the government intends to take export to the highest level ever. The government, he said, is taking different measures for export enhancement including reclaiming traditional markets besides accessing to new markets. One of the initiatives is to manage removal of restrictions on Pakistani products in foreign markets. Removal of restriction by Qatar on Pakistani rice export is a step in this direction that will reclaim Pakistan’s share in the global rice market, he added.
The statement added that over the years, rice has been Pakistan’s major export product to Qatar. The exports were 80 to 100 thousand tonnes of rice per annum worth US $ 80-90 million up to 2010-11, which has dropped to US $ 20-25 million per annum (21,000 tonnes) in last five years.
Whereas, the private sector in Qatar continued to import rice from Pakistan, the Central Tendering Committee (CTC), Government of Qatar which procures for state-supplied subsidized rice for Qatari citizens made its tender Indian-origin specific thereby effectively, banning the import of any other origin rice including Pakistani rice into Qatar in 2011-12.
The CTC issues tenders after every two months for supply of more than 5000 MT of high-quality rice to the government of Qatar and the Pakistani origin rice has been excluded from these tenders.
Therefore, Pakistani exporters have been deprived of supplying of about 30,000 to 40,000 MT good quality rice to Qatar per annum.
Reportedly, the main reason for this change was the sub-standard and low-quality Pakistani rice supplied by the exporters against the government tenders in 2011-12.
The Indian rice exporters were the ultimate beneficiaries of this situation and Indian rice exports to Qatar reached to 142,000 tonnes in 2017 from 18,774 tonnes in 2011.
The statement added that henceforth, as a viable solution, a third-party inspection for supply of rice through CTC tenders and to take strict action against those found involved in supplying substandard rice in future will be offered to ensure that quality rice are being exported to Qatar.

Reference: http://app.com.pk

Govt lifts ban on purchase of vehicles upto 1300cc for non-filers

ISLAMABAD, Jan 23 (APP):Government on Wednesday lifted ban on purchase of vehicles for non-filers for locally manufactured cars up to 1300CC capacity.
The announcement was made by the Finance Minister Asad Umer, while presenting the Economic Reforms Package in the National Assembly here.
He said that currently the non-filers had no facility to purchase a car, adding that under the new reforms package, they would be allowed to purchase locally manufactured vehicles up to 1300CC.

Reference: http://app.com.pk