Lahore Chamber of Commerce and Industry in collaboration with the PHD Chamber of Commerce and Industry is organizing its first-ever Pakistan Show (Expo) at Amritsar
Lahore, May 05, 2014 (PPI-OT): The Lahore Chamber of Commerce and Industry (LCCI) in collaboration with the PHD Chamber of Commerce and Industry is organizing its first-ever Pakistan Show (Expo) at Trillium Mall, Amritsar, from May 8-12, 2014.
This was stated by LCCI President Engineer Sohail Lashari while addressing a press conference here at the LCCI on Monday. LCCI Senior Vice President Mian Tariq Misbah and Vice President Kashif Anwar were also present.
The LCCI President said that a large business delegation comprising leading members of various chambers in Pakistan will also be participating in the Pakistan Show 2014.
Engineer Sohail Lashari said that the Exhibition meets the purpose of ensuring continuous and increasing engagement between our business communities and exploring possibilities of expanding business relations with India. It is also an affirmation of LCCI belief that increased trade and investments will go a long way in improving the relationship between India and Pakistan besides achieving the common goals of inclusive growth.
The five-day mega event also features cultural shows where prominent Pakistani singers would be performing. The positive vibes will translate into a significant leap in transactions and flow of goods across the border.
Trade has already accelerated with the formal exchange of goods between India and Pakistan increasing from $250 million in 2003 to $2.4 billion in 2014, showing an annual growth rate of 25 percent in the last 10 years. Experts quote the potential trade between the two nations to be as high as 10 times the current value.
The show, while aiming to showcase the best of Pakistan in the 21st century, is also a conscious effort to build the bilateral relations.
The LCCI President said that the endeavor is to set new benchmarks of success guided by the theme of building partnerships through economic engagement to promote inclusive growth in the region.
To serve this purpose, a strong presence of Pakistan industry has been ensured with more than 90 Pakistani companies representing sectors as diverse as basic and value added textiles, agriculture and allied services, healthcare, gems and jewellery, steel industry, warehousing, construction equipments, jute products, wedding concepts and consumer durables.
The Pakistan Show in Amritsar offers manifold benefits to all stakeholders. It has the potential to expand trade networks between India and Pakistan, bringing down costs, generating employment and expanding regional trade.
It offers a gateway to a huge potential market in the region, an opportunity for businesses on both sides to explore investment and joint ventures and a valuable platform for forging business linkages in the region.
The show will witness the convergence of business leaders, government officials, artists and journalists whose presence along with high-level sessions on trade issues and strategies will ensure rich deliberations and help in dissemination of information and knowledge. The LCCI President said that it was the time to take practical steps to tap the potential in the region for the sake of progress and prosperity in this part of the world.
For more information, contact:
Lahore Chamber of Commerce and Industry (LCCI)
Lahore -54000, Pakistan
Tel: +9242 111 222 499
Fax: +92 42 636 8854
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