Trade: (FPCCI says Regional Trade should be enhanced with SAARC Countries)March 1, 2016
ISLAMABAD: Khalid Tawab, Senior Vice President, FPCCI during a meeting with Syed Humayun Kabir, Director General, South Asia Regional Standards Organization (SARSO) at FPCCI Karachi has said that Regional Trade should be enhanced which is only 5% with SAARC Countries.
In a statement issued here on Wednesday, he said that SARSO can be beneficial in development of standardization of Pakistani exports to SAARC region specially exporting of cement to India, which has been effected by no standardization.
He said FPCCI is looking for compliance with common grounds of standards for all industries and Pakistani products are manufactured as per the required standards of quality and every industrial representative is being aware by the international standards.
He assured to have maximum cooperation in adopting and maintaining the standards as per the requirements of continuous changing scenario. The meeting was also attended by Gulzar Feroz, Chairman, FPCCI Standing Committee on Environment; Waseem Vohra, Former Vice President, FPCCI along with M. A. Jabbar, Member BoD, PSQCA and Khuwaja Ghulam Mohiuddin.
Syed Humayun Kabir, Director General, South Asia Regional Standards Organization (SARSO) shared their objective aimed to develop harmonized standards for the region to facilitate intra-regional trade and to have access in the global market.
He said that South Asian Regional Standards Organization (SARSO) is a Specialized Body of SAARC, established to achieve and enhance coordination and cooperation among SAARC Member states in the fields of standardization and conformity assessment and is aimed to develop harmonized Standards for the region to facilitate intra-regional trade and to have access in the global market.
He said once trade barriers are removed, mutual exports would certainly go up significantly and economies would stable. He further stated that they are concentrating on creating awareness among the stakeholders as well as to boost standards through policy sharing with the member countries.