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He underlined the need of improving relationship with India by resolving issues of importance & suggested the industries to send proposals with firm plan to boost exports. He said that the Government expects that the Industry should focus on the growth aspect keeping check on the quality & pricing front. He promised that the Govt would help the industry to fulfill its urge to improve & perform better.
He said that the Pakistan Government is keen to open Wagah border & allow specific products, which is mutually beneficial for both the countries. We enjoy same culture, language & food habits with India & this should rather be considered effective tools to boost economic ties.
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View of IFCOMA stall.
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View of the eminent Guests & Audience.
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The political framework has to consider & come to terms to the prevalent Business requirements for the faster growth of the economy.
He was categorical in saying that Pakistan bars no country including India from investing under foreign direct investment. He emphasized that Pakistan companies should go ahead with Joint Ventures with Indian Companies. Both the countries (India & Pakistan) would have competitive edge if they pool in their resources. Honorable Minister inaugurated the JUFT Exhibition by cutting the ribbon. He took a round of the exhibition & took keen interest in
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understanding the various products. During his visit to Indian stand, Mr. Almal make him updated on the importance of every availability for the total growth of footwear industries of Pakistan for exports & domestics market.
During the fair Mr. Nasir Rafiq, Manager Exports of Bata Pakistan Ltd said Indian vendor Industry of shoe manufacturing components is very strong & Pakistan leather is number one in the world. He said that Pakistan producers have been importing 80% components from exporting the same components to the whole world. Therefore he observed that if the government includes all the basic 31 shoe-making components into the importable list of items list from India then
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View of the eminent Guests & Audience.
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Federal Minister of State for Commerce & Industry Mr. Hamid Hiraj delivering spech during the Inauguration Function.
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the production of local shoe industry would greatly benefit. This will give boost to increase in competition among the local industry & lowering of prices, which in turn would bring increase in exports & benefit to the consumer. Mr. Shamaz Wali, Manager exports of Servis said that impact of import shoe-making components from India would be positive for the local industry. It will result in enhancing the quality of shoes & reduction in prices. He said that prices being quoted by Indian companies are very competitive.
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