January 25, 2008	Friday	Muharram 15, 1429

KARACHI, Jan 24: German financing company DF Deutsche Forfait AG Pakistan Ltd (DFAG) will provide financing facility to small and medium-sized local exporters to boost their exports by $1 billion in three years.

This was stated by the chief executive officer of DF Deutsche Forfait, Salman Mamoon Ahmad, during his meeting with TDAP officials here on Thursday.

Based on forfaiting, export finance services which are utilised the world over, would significantly reduce risks faced by small and medium sized exporters, and help enhance overall exports, Salman said.—APP