More than 48 exhibitors from Pakistan are showcasing their products in an exhibition 'Made in Pakistan' which started here today.
After inaugurating the fair, Pawan Kumar Bansal, minister for parliamentary affairs and science and technology and earth sciences said, "There is potential for bilateral trade to go up to an estimated $6.5 billion from the current $2 billion. Cross-border trade requires the movement of people and investments and both the countries are working towards increasing potential trade dynamics and economic activities."
The fair presents an exclusive range of products from almost all regions of Pakistan, including garments and embroidered fabric from Multan, Karachi and Lahore, ethnic footwear from Lahore and Multan, exclusive handicrafts from Swat Peshawar, décor products from Karachi, carved rosewood furniture from Peshawar, and designer melamine from Gujranwala.
Pakistan World Trade and Promotions CEO Khurshid Balras said, "Astonishingly, but true, major part of Pakistan's current export goes to the European Union and US. Presently, only 5.5% of the Pakistan trade is done with SAARC counties, which stand a potential to improve it by 10% due to commonalities in cultures." PTI