ISLAMABAD – The Board of Directors of Export Development Fund (EDF) at its 67th meeting constituted a sub-committee on finance, which will conduct appraisal of the proposed projects for export promotion and judicious disbursement of the budget of the EDF.
The meeting was was held under the chairmanship of Federal Minister for Commerce Khurram Dastgir Khan to take decisions on several issues pertaining to export promotion.
It also authorised TDAP to hold an AaliShan Pakistan Exhibition in London in June to promote Pakistani brands in the UK to the Pakistani diaspora and the Western buyers. The Exhibition will include trade and fashion shows showcasing Pakistani products and brands of textile, rice, pharmaceutical, fruits and vegetables, building material etc. The Board was informed that UK is the 5th largest export destination of Pakistan and there is a huge Pakistani diaspora settled in UK.
A quarter of all of Pakistan’s exports to European Union are made to England and the balance of trade is in favour of Pakistan which makes it a lucrative export destination of Pakistani products.