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Old January 3rd, 2012, 07:39 AM   #141
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Agriculture: Rising crop production a rare bright spot
By Shamsul Islam
Published: December 31, 2011


“Since the agricultural sector is less dependent on the performance of power companies, it has not been affected much by the power crisis. However, the sharp decline in the manufacturing sector is mainly the result of the crippling power shortages,” he said.

FAISALABAD: Despite much of Pakistan’s prime agricultural land being devastated by floods two years in a row, the country continued to achieve high growth in the production of major commodities, a resilience that was surprising since much of it came from the unusual source of productivity gains.

Responding to last year’s record cotton prices, growers this year invested a considerable amount in cotton production and far exceeded their targets. In Punjab alone, cotton production exceeded 10 million bales (1.7 million tons), compared to a target of 7.8 million bales. This is despite the fact that production was not at optimal levels, largely due to a delay in the monsoons.

The high production, however, has caused prices to come down, which has caused farmers to feel frustrated at lower margins. The blockbuster crop, however, was wheat, which saw production expand by 6.3% even though the total area of cultivation declined by 3.2%. Agriculture experts viewed this trend highly positively. “The country was able to become an exporter of wheat and still hold large reserves of the crop,” said Ashfaq Ahmad, an agriculture economist at the University of Agriculture in Faisalabad.

Wheat is one of the few crops where the government maintains an active support price, which was raised in 2011 from Rs950 per 40-kilogrammes to Rs1,050. Farmers, however, complained that the increase was not enough to compensate for the rising costs of their inputs. Fertiliser, in particular, has seen massive prices increases largely due to a gas shortage which has forced Engro Fertilizers to raise the price of urea.

Another crop that saw a massive increase was sugarcane, which saw production jump by almost 20%. Growers, however, complained that prices had declined by far too much. “Last year, I was able to get about Rs5 per kilogramme. This year, most mills are not even willing to pay Rs3.75,” said Muhammad Hafiz, a leading sugarcane grower of Faisalabad.

The drop in prices has benefited consumers in this highly regulated sector. Retail prices of sugar, meanwhile, have dropped from around Rs110 per kilogramme in 2010 to around Rs50 per kilogramme in 2011.

Perhaps most worrying from the perspective of exports has been the damage to the rice crop in Sindh. The total acreage of rice cultivated declined by about 8.5%. Production, however, declined by about 9%. Pakistan is the third largest exporter of rice in the world, with about $2 billion in global sales.

A surprisingly robust increase was also observed in maize, which saw production rise by almost 20%. Potato production expanded by about 11.6% and mango production by about 3.2%. The year 2011 was the first when Pakistani exporters were allowed to export their mangoes to the US, after Washington eased rules to allow mangoes from Pakistan.

http://tribune.com.pk/story/314344/a...e-bright-spot/
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Old January 4th, 2012, 01:28 AM   #142
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Good. If we can modernize methods of farming, food is a major export potential.
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Old January 4th, 2012, 06:33 AM   #143
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Pakistan to get US irradiation unit to boost mango exports
Wednesday, January 04, 2012

ISLAMABAD: Pakistan will obtain a US irradiation unit for the treatment of mango in a bid to boost the fruit’s export, Chief Executive Officer Harvest Trading, Ahmad Jawad, said on Tuesday.

Irradiation is a process to preserve food items by using radiations. Presently, the fruit has first to be transported to Iowa city in the United States for the treatment, Jawad said.

Growers and exporters of mango on Tuesday called for evolving a marketing strategy involving Pakistan Horticulture Development and Export Company (PHDEC) to capture new markets.

“The United States is one of the biggest importers of mangoes produced globally with a share of almost 44 percent and Pakistan has great potential for boosting its to that country”, Jawad said.

He said that Pakistani mangoes are famous world over for their sweet flavour with more than 40 different varieties, it is the world’s sixth largest producer. But unfortunately less than only five percent of the cultivated crop is exported, he added.

Jawad said that currently, the Middle East was importing 65 percent of the total produce and it can be enhanced by extended efforts and facilities to the growers.

The Harvest Trading has also been in touch with the private sector in South America to set up relationships and persuade their embassies to let them import Pakistani mangoes, he added.

On the other hand Indian mango exporters are losing ground to their Pakistani counterparts in the US market. The exports of this exotic fruit from India, which started in 2007 is seeing a continuous decline over past three years, he added.

Data shows export of mangoes from India to US declined by 13.4 percent in 2009-10 at 175.40 tons from 202.64 tons in 2008-09. In 2010-11, export saw a steeper decline of 22.1 percent at 136.70 tons.

http://www.thenews.com.pk/TodaysPrin...ID=85623&Cat=3
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Old January 11th, 2012, 06:52 PM   #144
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Rising trade figures: Pakistan exports up by 3.9 percent in 1H 2011-12

Pakistan overall exports jumped by 3.9 percent in the first half of the current fiscal year (2011-12) and stood at $11.241 billion, the figure released by the Trade Development Authority Pakistan (TDAP) Tuesday, but almost declined 11.5 percent in December 2011 to $1.854 billion.

However, the total import of the country in July-December 2011-12 jumped to $22.713 billion registering an increase of 18.9 percent. In December, it registered a growth of 13.6 percent and stood at $3.751 billion.

“Cumulative figure shows that Pakistan’s exports during July-December 2011-12 were $11.241 billion, while in the corresponding period of the last year 2010-11 exports were $10.815 billion, which shows 3.94 percent growth,” TDAP official said. “Imports during July-December 2011-12 were $22.713 billion compared to $19.102 billion during the same period of the year 2010-11, registered a 18.9 percent growth,” it added.

“Pakistan’s exports during December 2011 were valued at $1.854 billion, which was 11.5 percent lower than the level of $2.094 billion during December 2010,” the official said. “Imports during December 2011 were valued at $4.261 billion registering a growth of 13.6 percent over the level of imports valued at $3.751 billion in December 2010,” he said.

According to the State Bank of Pakistan, overseas Pakistani remitted an amount of $6.33 billion in the first half (July–December 2011), showing an impressive growth of 19.54 percent or $1.034 billion compared with $5.291.43 billion received during the same period of last fiscal year (July- December 2010).

The monthly average remittances for July-December 2011 period comes out to $1.054 billion as compared to $881.91 million during the same corresponding period of the last fiscal year, registering an increase of 19.54 percent.

Pakistani currency (Pak rupee) fell to a record low against US dollar owing to the country’s trade deficit.

Rupee slid 0.3 percent, most since December 27, before Federal Bureau of Statistics published trade data for last six months this week.

Rupee is being traded around at Rs 91.00 to Rs 91.50 against a dollar, weakest level at least since 1988. It may fall to 95 by end of June, Standard Chartered’s Ali predicted.

Last week, the governor SBP has informed the Senate Standing Committee on Finance, “the likelihood of a sharper fall in foreign exchange reserves is strong in the second half of 2011-12 due to large repayments of external debt, including $1.2 billion of IMF loan, are due in second half.”

SBP officials agreed with the members that in case foreign inflows were not materialised, reserves might fall by $5 billion from current level. It was informed that pressures on foreign exchange reserves and exchange rate have increased, reserves have declined by $1.2 billion up till December 30 ongoing fiscal year 2011-12. Rupee, against the dollar, has depreciated by 4.4 percent up till December 30. SBP is managing excess volatility in Pak Rupee, but is not going against market fundamentals. Timely realisation of planned official inflows is essential for maintaining comfortable level of reserves.

Inflation is declining but still high, trends in cotton and oil prices are severely affecting the external current account.

Net capital and financial flows are inadequate to finance the current account deficit.

The year-on-year inflation in December 2011 is 9.7 percent, but the full year inflation is expected to remain close to the target of 12 percent.

Country, foreign exchange reserves have again touched to $17 billion and keeping in view the trade trends, Pakistan trade deficit would not go beyond $14.5 billion.
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Old January 27th, 2012, 12:04 AM   #145
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Exports surged to $25bn in 2011

The country’s exports have registered an increase of $4 billion during 2011 (January to December) as compared to the same period of 2010 due to rise in international commodity prices and depreciation in the real effective exchange rate, Trade Development Authority of Pakistan’s statistics revealed on Wednesday.

Exports were recorded at $25 billion in 2011 as against $21 billion in 2010, reflecting an increase of 19 percent or $4 billion. The increase took place despite severe energy crisis, rising tariffs, political instability and unstable law and order situation. Analysis of cumulative exports in 2011 stated textile group contributed the highest share with $13.34 billion or 52.91 percent of the total exports, despite the fact that gas supply shortages led firms to cutback on production throughout the year, particularly in textile and fertilizer industries and forced power producers to operate below capacity. The resulting energy shortfall deepened further as the circular debt increased to unsustainable levels.
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Old March 10th, 2012, 03:39 PM   #146
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Exports rose 4% to $2.034bn in Feb ’12 on monthly basis

* Declined 5% when compared with $2.141bn in Feb 2011

Pakistan’s exports in February 2012 grew by 4.15 percent as compared with last month, however decreased by 5 percent over the same month of last year 2010-11.

The latest trade figure shows that Pakistan’s exports during February 2012 were valued at $2.034 billion, which were 4 percent above the level of $1.953 billion in January 2012, while 5 percent lower than the level of $2.141 billion during February 2011.

Imports during February 2012 were valued at $3.462 billion, registering a growth of 134 percent over the level of imports valued at $3.053 billion in February 2011.

On the other hand, cumulative trade figure shows that Pakistan’s exports during July to February 2011-12 were $15.189 billion, while in the corresponding period of the last year 2010-11 exports were $15.263 billion, which shows a negligible decline 0.5 percent. Imports during July to February 2011-12 were $29.789 billion as compared to $25.599 billion during the same period of the year 2010-11, registering a 16.37 percent growth.

However, the country received an amount of $8,592.79 million of remittances in the first eight months (July 2011 to February 2012) of the current fiscal year 2011-12 (FY12), showing an impressive growth of 23.40 percent or $1,629.51 million when compared with $6,963.28 million received during the same period of the last fiscal year (July to February 2011).

In the first week of March, Pakistan’s foreign exchange reserves fell to $16.34 billion as compared with $16.42 billion in the previous week.

The central bank paid $399 million to the International Monetary Fund (IMF) in the week ending on February 24, part of an $8 billion IMF loan that Islamabad is repaying.

Foreign exchange reserves hit a record $18.31 billion in July last year, but have since fallen due to debt repayments.

Without additional sources of revenue Pakistan’s foreign exchange reserves will be drained, which were boosted in June last year by inflows of $411 million, including a $191.9 million loan from the World Bank, and a $196.8 million loan from the Asian Development Bank.
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Old March 31st, 2012, 05:52 PM   #147
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Pakistani brand capitalise as Hockey captures imagination
Rajeev Bhaskar, Hindustan Times
Jalandhar, March 31, 2012


Distributor of a Pakistani hockey brand Malik in Jalandhar on Saturday. (HT photo)Hockey, the country's national game, is fast emerging as the pastime of choice, if sale of expensive and imported hockey sticks in the sport's hub Jalandhar is an indication. With corporate support in the form of Sahara and the launch of World Hockey Series (WSH) by Indian Hockey Federation (IHF) in collaboration with Nimbus Sports, hockey has turned glamorous and possessing a hockey stick fast becoming a style statement..

Pakistan's sports industry is gaining the most, with its renowned brand Malik witnessing a massive spurt in the sale of sticks in India.

"The sale of branded hockey sticks Malik manufactured in Pakistan has witnessed a steep hike in the recent months. Sales have been good," said Vipan Preenja, owner of Marshall Exports. His company has the sole distribution rights for the Malik brand in India. "In a little more than nine months, we have sold more than 2,400 expensive composite hockey sticks."

He added that today every professional player wanted to play with composite hockey sticks. These sticks were not only light-weight, but were also conducive to playing on the Astroturf. Preenja said the composite stick was a mixture of three materials, fibre glass, carbon and kevlar.

"Jalandhar is the only city in India, where hockey sticks are manufactured. However, we still lack the technology to manufacture composite hockey sticks. Therefore, manufacturers import unbranded composite sticks from Pakistan to sell them under their own brand name," he claimed.

The price of Malik hockeys sticks ranges from Rs 1,200 to 8,000. The quality and hence the cost depended on the ratio of carbon in the stick. There is annual demand of 20,000-25,000 thousand composite hockey sticks in India. Since the Malik brand is now available in India, most professional players would opt for the brand, which is well known at the international level.

Pakistan has emerged as hub of composite hockey sticks. Even international brands like Adidas prefer to outsource manufacturing to Pakistan's companies situated in Sialkot, Preenja said. For brand promotion, he has roped in three renowned Indian hockey players Prabhat Tirkey, Davinder Valmiki and Aijub Ekka. More than 50 international players are playing with Malik brand.

Preenja added that exporting hockey sticks from India was a smooth affair. He said the consignment came through train and he paid 20 per cent import duty on it. Even the quality of wooden hockey sticks supplied by Malik from Pakistan is much better than the Indian made sticks, he claimed.

When contacted, president of Khel Udyog Sangh Ravinder Dhir said: "There is high cost involved in setting up a unit for manufacturing composite sticks. Raw material is also not available easily, so industrialists prefer to get it imported from Pakistan.

"The technology to make composite hockey sticks is also not available and huge investments in its research & development is needed. We need government support," Dhir added.

http://www.hindustantimes.com/Punjab...e1-833594.aspx
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Old March 31st, 2012, 08:39 PM   #148
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Originally Posted by khalid-don View Post
Pakistani brand capitalise as Hockey captures imagination
Rajeev Bhaskar, Hindustan Times
Jalandhar, March 31, 2012


Distributor of a Pakistani hockey brand Malik in Jalandhar on Saturday. (HT photo)Hockey, the country's national game, is fast emerging as the pastime of choice, if sale of expensive and imported hockey sticks in the sport's hub Jalandhar is an indication. With corporate support in the form of Sahara and the launch of World Hockey Series (WSH) by Indian Hockey Federation (IHF) in collaboration with Nimbus Sports, hockey has turned glamorous and possessing a hockey stick fast becoming a style statement..

Pakistan's sports industry is gaining the most, with its renowned brand Malik witnessing a massive spurt in the sale of sticks in India.

"The sale of branded hockey sticks Malik manufactured in Pakistan has witnessed a steep hike in the recent months. Sales have been good," said Vipan Preenja, owner of Marshall Exports. His company has the sole distribution rights for the Malik brand in India. "In a little more than nine months, we have sold more than 2,400 expensive composite hockey sticks."

He added that today every professional player wanted to play with composite hockey sticks. These sticks were not only light-weight, but were also conducive to playing on the Astroturf. Preenja said the composite stick was a mixture of three materials, fibre glass, carbon and kevlar.

"Jalandhar is the only city in India, where hockey sticks are manufactured. However, we still lack the technology to manufacture composite hockey sticks. Therefore, manufacturers import unbranded composite sticks from Pakistan to sell them under their own brand name," he claimed.

The price of Malik hockeys sticks ranges from Rs 1,200 to 8,000. The quality and hence the cost depended on the ratio of carbon in the stick. There is annual demand of 20,000-25,000 thousand composite hockey sticks in India. Since the Malik brand is now available in India, most professional players would opt for the brand, which is well known at the international level.

Pakistan has emerged as hub of composite hockey sticks. Even international brands like Adidas prefer to outsource manufacturing to Pakistan's companies situated in Sialkot, Preenja said. For brand promotion, he has roped in three renowned Indian hockey players Prabhat Tirkey, Davinder Valmiki and Aijub Ekka. More than 50 international players are playing with Malik brand.

Preenja added that exporting hockey sticks from India was a smooth affair. He said the consignment came through train and he paid 20 per cent import duty on it. Even the quality of wooden hockey sticks supplied by Malik from Pakistan is much better than the Indian made sticks, he claimed.

When contacted, president of Khel Udyog Sangh Ravinder Dhir said: "There is high cost involved in setting up a unit for manufacturing composite sticks. Raw material is also not available easily, so industrialists prefer to get it imported from Pakistan.

"The technology to make composite hockey sticks is also not available and huge investments in its research & development is needed. We need government support," Dhir added.

http://www.hindustantimes.com/Punjab...e1-833594.aspx
Paki industry isn't as backwards as I would a thought! Would've never guessed we made composites anything, let alone sports equipment. Wondering if the tech. is local or imported. Not that it matters but still.
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Old April 4th, 2012, 05:17 PM   #149
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Exports of sports goods up by 2.32% in 8 months

Exports of sports goods increased by 2.32 percent during the first eight months of the current fiscal year as compared to the same period of last year.

Sports goods worth $204.390 million were exported during July-February 2011-12 as against the exports of $199.751 million during July-February 2010-11, according to data of Pakistan Bureau of Statistics.

The products that contributed in positive growth of sports goods included footballs, exports of which increased by 8.66 percent during the period.

As many as 1,930,000 dozens of footballs worth $94.274 million were exported during the period under review against the exports of $86.757 million during last year.

Exports of other sports goods increased by just 0.48 percent by going up from $276.577 million last year to $277.898 million during July-February 2011-12, the data revealed.

On the other hand, exports of gloves decreased by 6.95 percent by falling from $75.391 million last year to $70.154 million during current year. On monthly basis the exports of sports goods increased by 1.03 percent 11.50 percent during February 2012 against the exports of February 2011 and January 2012, respectively.

The exports of sports goods were recorded at $28.637 million in February 2012 as against the exports of $28.345 million during February 2011 and $25.684 million during January 2011, according to the data.

During the month of February 2012 the exports of footballs increased by 15.20 percent and 19.70 percent when compared to the exports of February 2011 and January 2012, respectively.

Exports of gloves during February 2012 increased by 6.59 percent and 5.68 percent as compared to the exports of February 2012 and January 2011, the data revealed.

However, the exports of other sports products decreased by 43.38 percent and 2.31 percent during February 2012 as against the exports of February 2011 and January 2011.
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Old April 7th, 2012, 08:19 PM   #150
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NEW DEHLI: New Delhi will play host to a ‘’Made in Pakistan’’ exhibition to be organised from 12 to 15 April, to reciprocate the ‘’Made in India’’ exhibition held in Lahore in February. The exhibition by Lifestyle Pakistan (LP) has been planned in collaboration with the commerce ministry and Trade Development Authority of Pakistan (TDAP) to showcase the best of Pakistani fashion, textiles, accessories, home furnishings and other items at 300 plus stalls. The four-day show is expected to get 30,000 attendees every day from the Indian trade industry and international buyers.
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Old April 8th, 2012, 07:56 AM   #151
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Textile exports suffer Rs58.55 billion losses
Shahid Shah Sunday, April 08, 2012

KARACHI: Pakistan’s textile exports have suffered losses to the tune of Rs58.55 billion in the first eight months of the current fiscal year (July-February FY12) as compared to the corresponding period last year.



During the July-February FY12, textile exports were recorded at $8 billion, down 7.5 percent year-on-year. In the month of February alone, the exports were recorded at $1.05 billion, down 12 percent as compared to the same month last year.



According to Pakistan Apparel Forum Chairman M Jawed Bilwani, “Pakistan’s textile exports declined because of on-going energy crisis, strikes and a decline in the demand of textile products in the international market”. Knitwear exports declined by 11 percent, bedwear by 10 percent and towel exports by 5.5 percent, Bilwani said.



Although cotton production recorded bumper crop this year, the energy crisis in the country are viewed as a great risk to meeting export orders by textile manufacturers, he said.



Bilwani further said the “frequent calls for strikes by the political parties have ruined the entire industrial export sector which is already suffering from frequent, unannounced and unreasonable load shedding of both electricity and gas”.



“In the nations competing against us, like India and Bangladesh, their governments protect their textile exports, whereas in Pakistan, the government remains heedless to all the sufferings and losses being incurred by the sector which is said to be the backbone of the nation’s economy,” he added.



Bilwani appealed the government to ensure that load shedding was phased in a manner that did not cause ruin to the industrial sector. Furthermore, slowdown in the European economies amid the recent debt crisis also put pressure on the export orders. All major categories witnessed a double digit decline in export quantities except raw cotton which witnessed a growth of 27.7 percent year-on-year as a result of bumper cotton crop in the country.



In Pakistan, export of cotton yarn and cotton cloth declined during the first eight months of FY12, said one research report.
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Old April 8th, 2012, 07:59 AM   #152
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Exporters losing their marbles
GHULAM ABBAS Thursday, 5 Apr 2012 12:33 am


KARACHI - Pakistan’s export of marble which was increased by 68 percent during last financial year has reduced by over 20 percent during the last 9 month of the current financial year due to the deteriorated law and order situation and severe energy crisis in the country.
The important industry which was eying to fetch at least $1 billion worth exports this year after the increased demands in China and other countries, has started showing alarming position of negative growth as the country has hardly exported the marble of worth $ 26.77 million during July to March 2011-2012 against the export of $ 33.75 million recorded during the corresponding months of last fiscal year.
According to a fresh data provided by marble exporters, over 20 percent decline was recorded during the nine months while further decline was expected in remaining months of the financial year 2012 as security situation in the country especially in Karachi was a big concern for the marble exporters. Besides the hours long power outages which have paralyzed the production and function of the industry were another major reason of loses to the exporters.
According to Sanaullah Khan Chairman, All Pakistan Marble Mining, Processing and Export Industry, the industries in Qasba Colony area of Karachi which remained a flash point during the violence erupted in the city last year making the whole industrial units dysfunctional, have badly affected the over all exports of marble. The ongoing extortion and other criminal activities in the industrial area were also forcing the industry owners to close the units.
He said that it had become a routine that unidentified individuals enter the factories and hand over extortion slips of heavy amounts. In other cases, some people also phone the industrialists seeking huge money. In case of non-compliance these elements resort to firing at the factories.
Though three police stations usually cover Mangophir and its surrounding areas but they failed in providing effective security to the industries. He claimed that many industrialists have stopped visiting their units for security reasons.
Due to the power crisis during the last couple of months, the industry has been pushed further towards at least $ 7 million losses as its total exports by March 2012 has been recorded $ 26.77 million against the $ 33.75 million registered during the corresponding months of 2011.
The country has exported marble worth $ 19 million against the target of $ 30 million during July to January (2011-2012). The export of highly valued marble, under the present situation, was unlikely to meet even the reduced target of $ 60 million during the current financial year.
He feared that exporters will miss the export target of $50 million of marble export in the current fiscal year due to deteriorating law and order and power outages, which is crippling production activities.
Pakistan’s marble exports fetched $45 million in 2010-2011 and in July-February 2011-2012 export stood only $22 million.
According to him, the country could hardly export marble worth $ 35 million to $ 40 million during the year ended June 2012 against the target which has already been reduced to $ 60 million from $ 100 million owing to the acute electricity crisis and poor law and order situation in Karachi.
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Old April 8th, 2012, 08:01 AM   #153
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July-February bed wear export fall by $129.782 million

April 08, 2012 RECORDER REPORT 0 Comments Violence, energy shortage and erratic government policies have pulled down the country's bed-wear export by $129.782 million or 10 percent in July-February period of 2012 compared to $1.317 billion in the same period of 2011, exporters said on Friday.



"Foreign buyers are not willing to visit Pakistan ever-since the country began to undergo a series of huge violent incidents.

They now prefer placing orders with India, Bangladesh and Vietnam," exporters said.

In terms of value, the country's bed wear export reached $1.187 billion during July-February period of the current fiscal year as compared to $1.317 billion during the same period of last fiscal year, depicting a decline of $129.782 million or 10 percent, according to official figures.


Pakistan's bed wear export, in terms of volume, fell some 19.32 percent or 39,852 tons to 166,469 tons during July-February 2012 period as compared to the export of these items of 206,321 tons, the statistics say.

The country's bed wear export in February 2012 fell by $30.571 million or 20 percent to $124.897 million as compared to $155.468 million during the same period last fiscal year.


In terms of volume, the county's bed wear export slid to 18,051 tons in February 2012 as compared to 22,182 tons in February 2011, showing a fall of 19 percent or 4,131 tons, the official figures indicated.

Talking to Business Recorder, All Pakistan Bed Wear Exporters Association Chairman Shabbir Ahmed held the government's weak policies behind Pakistan's stagnant economy and regression in exports, particularly in textiles.


"Trade Development Authority of Pakistan [TDAP] is not responding to the problems of textile exporters, as foreign buyers started increasing their visits to India, Bangladesh and Vietnam to book home textile consignments, ignoring Pakistan completely," he said.

He said load shedding, fuel price hike, gas shortage, poor law and order and indifferent government policies equally contributed to decline in bed-wear export by $129.782 million or 10 percent in July-February period and $30.571 million or 20 percent million in February 2012.


He said foreign buyers were worried because of the security concerns, therefore, they preferred to place orders with other regional countries.

He said global buyers were also concerned about the soaring power and gas shortage fearing delays in production and subsequently in the shipment to their markets in time.
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Old April 26th, 2012, 05:05 AM   #154
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Textile exports drop as energy shortages bite
25 April, 2012

FAISALABAD: The energy crisis has left a devastating impact on the textile industry as exports of various products dropped in the range of 22% to 43% in March compared to the corresponding month of previous year.

According to data released by the Pakistan Bureau of Statistics, exports of cotton cloth in terms of quantity fell by 43%, knitwear by 32%, bedwear by 30%, towel by 22% and readymade garments by 34% compared to the same month of last year.

“The decline in textile exports in March was largely because of gas shortage and strikes,” said Rana Arif Tauseef, Chairman of Pakistan Textile Exporters Association while talking to Our Sources.

For the last four months, exports of textile products had plunged by $1.2 billion and if the trend continued, the figure would be $3 billion less than last year’s exports, he said.

Tauseef asked the government to provide relief on bank loan markup, which had impeded fresh investment.

“On the one hand, we have been without gas for almost half of the year and on the other hand we are enduring power outages for up to 12 hours a day,” said Waheed Khaliq Ramay, Chairman of Ramay Weaving Industries. “Many millers are unable to run their factories and pay back loans and markup.”

He said the Punjab industry had been affected the most by energy shortages. Gas supply was curtailed for 160 days in 2011 compared to 90 days in 2010.

Sadaqat Limited Chairman Mian Mukhtar Ahmad said most manufacturers had defaulted on loan repayments because of dwindling business, caused by growing energy shortages and high borrowing cost.

According to the exporters, foreign buyers were also worried with a delay in shipments forcing them to switch to other regional players.
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Old August 19th, 2012, 01:27 AM   #155
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Mango exporters demand flexibility in US air freights
Saturday, August 18, 2012

KARACHI: Pakistani mango exporters have urged the US Department of Agriculture (USDA) to allow them more flexibility on routes for air freights.

At the moment, the USDA recognised route is to fly from Lahore to Chicago direct with a stop over in Dubai, said Harvest Tradings CEO Ahmad Jawad in a statement on Friday.

He said that more flexibility was needed on flights; and the US should also grant permission to exporters to use the new Gulfport irradiation center in Mississippi, which would open in a few months.

“To work with Gulfport we need approved airports in Mississippi. We also need approval to use the New York and Washington DC airports as well,” he said. Jawad said they wanted a level playing field and the same conditions required as other Asian products had in the US market. Pakistani mango industry lost a potential of $30 million worth of exports to the US this season, he said. On the other hand, Pakistani mango exporters can not use the Pakistan irradiation center in Lahore and can only use the US irradiation center at Sioux City in Iowa State; which charges by the hour rather than volume making small imports pricey. However, the Indian counterparts have the permission to irradiate mangoes in their homeland,” he said. Ahmed further said they needed to remap the strategy with the help of the commerce ministry and the US embassy in Islamabad.

Last edited by khalid-don; August 19th, 2012 at 01:48 AM. Reason: Found link
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Old August 19th, 2012, 01:29 AM   #156
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New destination: Pakistani mangoes to be sold in Walmart China
By Farooq Baloch
Published: August 19, 2012



Pakistan registered with China for mango exports in 2006, however, it had been struggling to compete with other players because of high cost of air freight.

KARACHI: After years of struggle, Pakistan finally added one of the world’s largest markets for its mangoes – China. The development, a major breakthrough in mango exports, will add millions of dollars to the country’s foreign reserves.

“Pakistan’s mangoes have become a centre of attraction in the largest retail chain of China – Walmart – where the king of fruit is being offered for sale,” Durrani Associates, one of the largest fruit exporters, said in a statement on Saturday.

The exporter was able to access the Chinese market, currently dominated by Taiwanese, Filipino and Thai varieties, after a sample of mangoes, shipped by sea a month ago, earned overwhelming success at Walmart stores.

The shipment contained two containers with 40 tons of mangoes. Firm’s Chairman Abdul Qadir Khan Durrani also visited China at that time and met with representatives of Walmart, which had 370 stores in 140 cities and four municipalities of China by March 1.

“It took us a while before we got clearance from Beijing,” Durrani said. The containers were held at the port and 20 cartons each were taken from both the containers for inspection, he said. After a week-long process, the Quarantine Department cleared the shipment by declaring that the mangoes were free from all diseases.

According to the statement, a three-member team of Chinese importers will visit Pakistan next week to strike an agreement for purchase of 100 tons of mangoes for Walmart stores in the running season.

The delegation will also visit the hot water treatment (HWT) plant – a facility set up for the processing and treatment of mangoes to meet international standards. They will inspect the arrangements for quality control.

India and Pakistan registered with China for mango exports in 2003 and 2006 respectively. However, both the countries had been struggling to compete with other players in China because of high cost of air freight, Babar Khan Durrani, Director of Durrani Associates, told The Express Tribune.

In China, mangoes of Thailand are selling at $1.5 per mango, the amount the company pays in air freight alone, making it impossible to compete, Durrani said.

“Exporting mangoes by sea to China is a big breakthrough,” Abdul Qadir Khan Durrani, the chairman, said because it will bring freight cost down to $0.75 per mango, which means Pakistan’s mangoes can sell for about $1.25 in Chinese stores.

China is one of the countries that applies global standards on mango imports. To meet the standards, mangoes are treated before export. There are four known ways of treatment, out of which three are recognised across the world – HWT, vapour heat treatment (VHT) and radiation.

“It’s because of the HWT facility that we have been able to meet international standards,” the chairman of Durrani Associates said, adding, this development has opened the doors for all mango exporters of Pakistan to tap the Chinese market.

Pakistan has a capacity to treat 15 tons of mangoes per hour. The private sector has the ability to shelve mangoes for 35 days after treatment while other exporting countries could shelve mangoes for maximum seven days, the statement claimed.

According to the chairman, Pakistan is world’s 5th largest producer of mango, which can produce up to 2 million tons. Mango varieties particularly Sindhri, Chaunsa and Sunehri can beat others because of their taste, he said.

“China can be the biggest market of Pakistani mangoes and within three years exports can be doubled,” he added.

Published in The Express Tribune, August 19th, 2012.
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Old August 19th, 2012, 01:34 AM   #157
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Chinese team to visit Pakistan for more mango orders

KARACHI: China is a big market and a three-member Chinese delegation will visit Pakistan to conclude an agreement for the purchase of 100 tonnes of mango.
The delegation will witness the working of latest mango treatment and quality control processes during the visit.
Pakistani mangoes are in great demand in China due to their quality and test and Pakistan can earn millions of dollars by exporting the king of fruit.
An exporter Babar Khan Durrani said Pakistan could enhance mango export to China three fold in next three years.
Pakistani mangoes have become centre of action in the largest retail chain of China Wall Mart where the king of fruit is being offered for sale in a festivity.
Pakistan has taken a lead by exporting 40 tonnes of mangos to China. India had registered for mango export to China in 2003 and Pakistan in 2006.
To meet the global standards, mangoes are treated before export. Out of four known ways of treatment, three are recognised across the world-hot water treatment (HWT), vapor heat treatment (VHT) and radiation.
Country has a capacity to treat 15 tonnes of mangoes per hour. Besides this, Pakistani private sector has ability of shelve mangoes for 35 days after treatment however the rest of exporter countries could shelve mangoes for maximum seven days. ppi
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Old August 19th, 2012, 01:41 AM   #158
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Pakistan to export 30,000 tons of sugar to Tajikistan
Thursday, 16 August 2012 12:17 Posted by Imaduddin MUSHTAQ GHUMMAN


ISLAMABAD: Pakistan and Tajikistan have signed sugar deal under which Pakistan will export 30,000 tons through Trading Corporation of Pakistan (TDAP).

Concluding extensive meetings held between Pakistan and Tajikistan officials on August 13-14, Nurmahmad Akhmedov, the Chairman of Agency on State Material Reserves of Tajikistan, and the Minister for Commerce, Makhdoom Amin Fahim, signed minutes of the negotiations for trade of sugar here on Wednesday.

Official sources told Business Recorder that Tajikistan’s President will visit Pakistan in October this year during which agreements on urea, rice, wheat and other export commodities will be signed.

According to the agreement, Pakistan, on request of Tajikistan government, agreed to provide 30,000 tons of white refined sugar through TCP in compliance with the Economic Coordination Committee of the Cabinet’s decision of August 7, 2012 at a rate $20/ per ton lower than the international market price ($ 548.25 per ton as on August 13, the day of negotiations) in the wake of humanitarian crisis faced by the people of Tajikistan.

Both sides also agreed upon a draft commercial agreement except the provision of inland/domestic transportation of sugar from mills to the point of delivery which will be finalised as soon as the clarification, sought by the Ministry of Commerce from the ECC is received. The government of Tajikistan, while appreciating Pakistan’s good will gesture, requested for early delivery of sugar to Tajikistan – before the onset of winter season (September 30 this year). Pakistani side agreed to fulfill the commitment within shortest possible time.

Sugar will be exported to Tajikistan against 100 percent secured cash LoC (letter of credit) to be established/opened by the government of Tajikistan through any first class internationally-recognised bank. The delivery will be in three tranches of 10,000 tons each. The two sides also agreed to the point of delivery that would be Amangarh, district Nowshera (KPK) and a commercial agreement between the two parties will be signed within 15 days. On the proposal of Secretary Commerce, the two sides agreed to explore the potential of bilateral trade between the two countries and will have a technical level meeting soon.
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Old August 19th, 2012, 01:53 AM   #159
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MoU signed with China for JF-17 export, Senate body told
Thursday, 16 August 2012 09:58 Posted by Imaduddin WASIM IQBAL

ISLAMABAD: Pakistan has signed a Memorandum of Understanding (MoU) with China for the export of JF-17 aircraft, a joint Pak-China venture, Senate’s Standing Committee on Defence Production was informed on Wednesday.

The committee’s in-camera meeting, chaired by Mushahid Hussain Syed, reviewed the functions and performance of the Ministry of Defence Production and its sub-departments. Later, the committee’s chairman had a media talk.

In its briefing to senators, Heavy Industries Taxila (HIT) disowned the defective APC used in Lyari operation. Later, Senator Faisal Abidi explained to media persons that armour-piercing bullets were fired on that APC, killing a number of police officers in Karachi. These steel bullets were under the use of Nato forces engaged in war against terrorism in Afghanistan. He said there was a possibility that outlaws got hands on these steel bullets while plundering the Nato containers. The exterior of the controversial or flawed APC cannot withstand these steel bullets, he said.

The committee has passed two separate resolutions which will be presented in Senate.

Mover of the first resolution, Senator Faratullah Babar informed the media that the committee would pursue the government to give financial and administrative autonomy to Pakistan Ordnance Factories (POF) and Heavy Industries Taxila and other defence institutions which comes under the Ministry of Defence Productions in accordance with their ordinances.

The rules would be amended to add a private member in their boards. To improve the efficiency of defence production, it was necessary that they would be run on public-private partnership basis. “If we want to run these defence institutions on commercial basis, we have to give them financial autonomy,” Senator Babar said.

The committee observed that the public and private shipping companies had not been contacting Karachi Shipyard and Engineering Works for buying any ship. Under the law, it is binding for every shipping company to get ‘First Right of Refusal’ from KSEW which is not being implemented in letter and spirit.

The committee was informed that HIT export stood $31.7 million during last fiscal year. Domestic supply reached worth Rs5.8 billion. The profit of HIT stood at Rs585 million. However, HIT is anticipating a reduction in profit and estimating it will be around Rs340 million during current fiscal year.

Reacting to recent statement by US Defence Secretary Leon Panetta, published in international media, regarding launching operation in North Waziristan Agency, Chairman Committee said that government will not take dictation from anyone on internal matters.
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Old August 19th, 2012, 09:03 AM   #160
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So why don't we use road transport to send stuff to China? Drive to the nearest town in China with an airport and then use air freight from there which'd be much cheaper or even just road transport. Shouldn't take more than 15-20 days from Gilgit to Shanghai.
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