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The Lahore Chamber of Commerce and Industry (LCCI) Senior Vice-President, Sohail Lashari has said that there is a need for making more concerted and focused efforts to expand economic co-operation with Europe, as it is fast emerging as prime economic bloc of world. He stated this while speaking at a seminar on "Exporting to Europe", jointly organised by the LCCI and Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam). Peter Van Der Sman, consultant CBI, Tahir Javed Malik, Convenor LCCI Standing Committee on Exports, and Nabeel Hashmi, former Chairman Paapam also spoke on the occasion.
Lashari maintained that structural reform, consistent and practical economic policies, financial discipline and transparent privatisation process have transformed Pakistan into a stable and growing economy.
He said broad-based economic recovery has gained momentum, while balance of payments is much stronger today. 'If the Pakistani exporters are properly guided, they have all the abilities to get right place in the European market', he opined.
He said that in developing countries like Pakistan, technical and conceptual training programmes are necessary to give boost to business. Speaking on the occasion, Tahir Javaid Malik, said that in post WTO regime, exports are only way to cope with rising poverty. He said that the exporters who want to make a place in the European market should come forward and avail the opportunity.
Earlier, in his address, the consultant CBI, Peter Van Der Sman, thanked the LCCI and Paapam for organising seminar aimed at enhancing trade between developing countries and developed ones.

Copyright Business Recorder, 2005

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