PFC to participate in Commonwealth Business Forum 2018 in UK

LAHORE – 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 on 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,” adding he said in this regard, 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 the dire need for Pakistani business community to focus on improving their competitiveness in the Commonwealth markets.-Online

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