Chinese government gives a big economic opportunity to Pakistan: Report
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ISLAMABAD - Advisor to Prime Minister on Commerce Abdul Razak Dawood has said that Pakistan aims to expand its export portfolio with China well beyond its traditional products.
Speaking to *China Economic Net*, during the Second China International Import Expo (CIIE), Dawood said, “Chinese government has given us opportunity that we can export more than just textile, leather and agricultural products, we are now going to get into chemicals and engineering, and see it a very good opportunity for partnering more and more with Chinese companies".
The advisor further said, “It will be a multi facet agreement and we look forward very much to its implementation". He was hopeful that Pakistan's exports to China would increase significantly after the implementation of the new FTA.
“I look forward to that type of growth. We have tremendous interest in expanding our export to China, we had a few people come to the first Expo, the second one will have more. And I can assure you at the third and the fourth, there will be much more," he said.
The advisor admitted that Pakistani companies need to work on improving their marketing, as no effort is done on international marketing. “Pakistan still [has] a long way to go to improve its image, to do better marketing. We're not very good at international marketing and this stems from the fact that in domestic marketing, demand has always been greater than supply. So the emphasis on marketing is less. Overseas is the other way around. Pakistan has to market, and we haven't learn it yet, but we will," he said.
