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May 7, 2002 Tuesday Safar 23, 1423





Export awareness seminar on 15th



Bureau Report


PESHAWAR, May 6: The Export Promotion Bureau (EPB), in collaboration with the Sarhad Chamber of Commerce and Industry (SCCI), would hold a day-long awareness raising seminar covering different aspects of export business on May 15.

According to a press release issued here on Monday, five presentations would be made during the seminar titled “basics of export for new-comers and exporters”.

Exporters and business experts from Karachi and Lahore would make presentations on different topics including export procedures and documentation, product and marketing, export/import registration, role of SME in promoting exports and GSP, WTO, EU etc.

MARK-UP RATES: Meanwhile, former president of the FPCCI Ilyas Ahmed Bilour has said that the rate of mark-up/ interest on fixed assets, in the case of export refinance schemes, should not exceed the existing rates as it would carry negative impact for the export.

In a statement issued here on Monday, Bilour said that the banks and financial institutions should keep the markup rates remain the same on export refinance schemes.

Besides, he maintained that unless the interest/markup rate was drastically cut down on the fixed assets loans, the industrial boom would remain elusive.






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