Foreign companies sign MoUs

Published February 28, 2015
KARACHI: Visitors at a stall in Expo Pakistan on Friday. Around $5-7 million export orders for fruit and vegetables are expected to be received during the four-day exhibition that began on Thursday.—Online
KARACHI: Visitors at a stall in Expo Pakistan on Friday. Around $5-7 million export orders for fruit and vegetables are expected to be received during the four-day exhibition that began on Thursday.—Online

KARACHI: Companies from Morocco, China and Saudi Arabia have signed contracts with local suppliers to provide engineering products, gems/jewellery and tents/canvas.

The ceremony took place at the Expo Centre here on Friday, which was attended by Trade Development Authority of Pakistan (TDAP) Chief S.M. Muneer and TDAP Secretary Rabiya Javeri Agha.

The Moroccan company, M/s Materials Agricolas Automobiles and Industries, has agreed to purchase tractor wheel rims worth $1.1 million from Baluchistan Wheels Ltd in the next 18 months.

Another contract worth $6m, for export of tents and canvas cloth, was signed between Al-Farooq Enterprises of Pakistan and Al-Ghamdi Trading Estate of Saudi Arabia.

Similarly, strategic Memorandum of Understanding was signed between Gems and Jewellery Trade Association of China (GAC) and All Pakistan Gem Merchants and Jewellers Association (APGPA).

Published in Dawn, February 28th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.