PFC to take part in ' Commonwealth Business Forum 2018'

Pakistani furniture producers under the banner of the Pakistan Furniture Council (PFC) will participate in 'Commonwealth Business Forum 2018' being organized by Commonwealth Enterprises and Investment Council (CWEIC) from April 16 to 18. PFC Chief Mian Kashif Ashfaq said, here on Thursday that Pakistan attaches importance to its relations with the Commonwealth.
"To reap the benefits of our common heritage, we need to capitalise on the Commonwealth's trade advantage. The intra-Commonwealth trade advantage which currently stands at 19 percent has the potential to be enhanced a great deal," he said. He was of the view that economic and trade relations between Pakistan and Commonwealth countries possess great potential and there was dire need for Pakistani business community to focus on improving their competitiveness in the commonwealth markets. Mian Kashif said at present, the trade between Pakistan and Commonwealth has crossed US$ 10 billion with exports volume US$ 4.3 billion and import volume is more than US$ 6 billion.