A 10-member delegation of Pakistan Furniture Council (PFC) will participate in Intertextile Shanghai Fair starting from August 27, in China to showcase their products to attract foreign buyers and investors. PFC Chief Mian Kashif Ashfaq presiding board of directors' meeting held here on Friday, said the fair will provide an opportunity to explore new avenues by sharing vision, expertise for formulation of future policies, economic studies, sectoral and project specific reports besides promotional efforts. Ashfaq said during one-on-one meeting with their counterparts in China, they would impart in details to Chinese investors about the philosophy and vision behind "Naya Pakistan" which will give them free of hurdles opportunities of investment in Pakistan.
"Pakistan has made progressive strides recently for improvement of ease of doing business and created a favourable environment to attract investment. Pakistan's large population and geo-strategic location makes it an ideal investment destination," he added.
He further apprised the meeting of the current economic position, despite imbalances in volume of trade between Pakistan and China, economic and trade relations between Pakistan and China held great potential and there was dire need for Pakistani business community to focus on improving their competitiveness in the Chinese market. He urged the businessmen to take full advantage of concessions granted by China under the China-Pakistan Free Trade Agreement (CPFTA).
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