ISLAMABAD, Sep 12 (APP): A high level delegation of Pakistan Furniture Council (PFC) is scheduled to leave for China next week on a weeklong visit to explore new markets and strengthening existing bilateral trade relations with their counterparts in furniture industry during business to business contacts. The delegation, to be headed by its Chief Executive Mian Muhammad Kashif, would avail the opportunity to study about the latest designing of products and modern technologies in their fields to improve their businesses to compete global markets. In a statement issued here, Mian Kashif said this business tour would provide a chance to explore new avenues by sharing vision, expertise for formulation of future policies, economic studies, sectoral and project specific reports besides promotional efforts. The delegation would link business leaders, researchers and investors of both countries, he said adding the tour would enable investors to identify potential organizations to partner and developing successful regional economic strategies and support regionally vital businesses.
He was of the view that 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). “Many furniture retailers in Pakistan prefer to import furniture from China and sell the products in local market, but Pakistani furniture industry is no short of potential. PFC is playing a significant role in boosting furniture exports and local manufacturers should also join hands with the council to help it achieve its goals,” he added.