AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)
Top News

Compliance with international standards critical for increasing trade: Zardari

ISLAMABAD: President Asif Ali Zardari said the key to Pakistan's economic development lies in trade and not aid and co
Published June 8, 2011

zardari ISLAMABAD: President Asif Ali Zardari said the key to Pakistan's economic development lies in trade and not aid and compliance with international standards through accreditation is critical for gaining market access and enhancing trade.

In a message on the occasion of World Accreditation Day falling on June 9, he said the day has great significance for developing countries like Pakistan.

The theme of this year is to focus on how accreditation is used to support the work of regulators, he added.

The President said he was happy to learn that at the national level, there is now a greater recognition of accreditation by regulators to ensure quality control without going through multiple assessment of products.

He said the international acceptance of the tests by the labs accredited by the Pakistan National Accreditation Council (PNAC) would lend competitive edge to exports, protect the consumers and dispense with multiple tests.

The accreditation significantly reduces compliance costs in competitive business by removing unnecessary multiple assessments, he said adding it also reduces the time taken to market goods and services by streamlining the approval process.

Accreditation must meet the expectation of a growing base of stakeholders by responding to the needs of both industry and regulators who are increasingly turning to accreditation to meet their regulatory responsibilities, he added.

He expressed the hope that PNAC will reach out to all the stakeholders to increase awareness on accreditation and its benefits.

The President called upon all the stakeholders to make concerted efforts to get accreditation of maximum number of Conformity Assessment Bodies (CABs) and thereby enhance the opportunity for acceptance of their products and services across national boundaries.

Copyright APP (Associated Press of Pakistan), 2011

Comments

Comments are closed.