LAHORE: Turkey can provide big chances to the Pakistani exporters to market their products consisting of Pak handmade furniture in European markets in partnership with Turkish companies.
A Turkish furniture producers’ delegation headed by a leading Turkish business person Ahmet on Monday checked out 3-days 6th Interiors Pakistan exhibit at Exposition Center organised by PFC here at its concluding day.
The members of the delegation likewise visited the stalls set up by more than 100 leading producers and interior designers and praised their handmade and strong furniture items. They likewise convened and exchanged views on checking out business opportunities with PFC Chief Executive Mian Kashif Ashfaq and other prominent members.
Speaking to media, Ahmet stated that Turkey was exporting 65 percent of its textile and vegetables to Europe and “we could likewise enhance exports from Pakistan to Europe through Turkey as the Turkish companies are well established and well connected with the purchasers of these markets”, he included.
The Turkish furniture companies were keen to strengthen trade relations with Pakistan Furnishings Council (PFC) as both nations possessed an excellent capacity to boost bilateral cooperation in furniture sector by improving trade and financial relations.
He said that the business people need to understand each other to cultivate deep-rooted and sustained organisation relations, adding that Turkish companies were manufacturing pricey and high-quality industrial furnishings for the European consumers.
He said that in Pakistan many of the furniture is hand-made however still it was really cheap and might be marketed in EU countries at a high price.
In this connection, Turkish companies could likewise play a significant role in facilitating Pakistani makers to have direct access to prospective customers. He stated that Turkish companies have 2,000 show spaces in Turkey and 1,000 in Europe with overall turnover of $ 5 billion per annum.
Throughout instruction to Turkish delegation’s visit at exhibit, PFC Chief Mian Kashif Ashfaq stated PFC was likewise continuing its work to establish a Pakistani presence in more nations and function as the focal point for furnishings designers and manufacturers to enter the global market.
Underlining the importance of trade and economic ties in between the 2 nations, the PFC Chief said that both nations should identify more areas for cooperation and need to likewise introduce more tradable products to improve mutual trade volume, particularly in the furnishings sector.
He stated that Turkish companies have revealed eager interest in Pakistani market. He asked members of Turkish delegation to persuade its worried members to go to the exhibit for B2B conferences. “All this can take place if there is federal government’s will and a vision among furnishings traders. Joint endeavors with Turkey through trade commissions for supplying makers on lease can bring item quality at par with greatest worldwide requirements”, he added.
Pakistan and Turkey have the trade volume well listed below the possible as Pakistan exported products worth $ 322.60 million and imported commodities valuing $ 238.45 million throughout 2014-15, showing a trade balance of $ 84.15 million in its favour.
On the 3rd day of mega exhibition, visitors on the lookout for buying furniture took pleasure in special discount rate of as much as 20% on various products exhibited at the occasion.
Later on Mr Wang Daxue, Deputy Counsel General of republic of China and Vice President SAARC Chamber of Commerce and Market and Chairman United Company Group Iftikhar Ali Malik distributed guards and certificates among the exhibitors for displaying their items tastefully.