Malaysia To Supply Palm Byproducts To Pakistan
Mohammad Ali (@ChaudhryMAli88) Published October 01, 2019 | 06:29 PM
Malaysian Consul General Khair-ul-Nazran Abd Rahman has pledged to supply all palm byproducts to Pakistan at very reasonable prices
He was addressing as chief guest at annual dinner of Pakistan Soap Manufacturers Association (PSMA) at a local hotel where Regional Manager MPOB Johri Minal and renowned businessman Abdul Rashid Jan Muhammad attended the event as guests of honour.
The consulate general said, "We have a very good relationship with all traders of Pakistan and especially the importers of ghee, oil and soap industry and efforts will be made to improve it further.
We will also endeavor to supply all palm byproducts at very reasonable prices so that it is accessible to the general consumers." Khair-ul-Nazran vowed that there would be fruitful talks between the ministers of the two countries so that the businessmen and the people of both Islamic countries benefit from each other. He reiterated that genuine problems of soap industry related to Malaysia would be solved in an amicable manner and all obstacles would soon be removed.
Guest of honor Rasheed Jan Mohammad appreciated the services of the chairman of Soap Association and requested the Malaysian consulate general to play his role in promoting the soap industry.
Earlier in the welcome address, the outgoing PSMA chairman, Usman Ahmed, said that Malaysia exported raw materials of soap to Pakistan. He also briefed the Consul General of Malaysia about the issues facing the soap industry.
Highlighting the importance of the soap industry, he presented manufacturing data of washing soap, toilet soap, detergent powder, value additions and revenue figures etc.
He also spoke about trade agreements between Pakistan and Malaysia as well as importance of trade volume under the FTA (Free Trade Agreement) and PTA (Preferential Trade Agreement).
He mentioned that most of the raw materials for Pakistan's soap industry were imported from Malaysia, asserting that balance of trade was in favour of Malaysia so Malaysia should give maximum facilities to Pakistan's soap manufacturers especially during obtaining Malaysian visa.
Usman Ahmed also emphasized that Malaysian investors should invest more in Pakistan so that Pakistani products could have better access to Malaysian market.
Paying vote of thanks at the end, newly-elected PSMA Chairman Zafar Mahmood assured that they would do their utmost to solve the problems of soap industry.
Related Topics
Recent Stories
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
Putin says plans to visit China in May
US reinstates open internet rules rescinded under Trump
Pakistan embassy organizes scholarship award ceremony in Kathmandu
SC to hear case pertaining IHC judges' letter on April 30
SC orders removal of barriers outside buildings in Karachi
PFA launches crackdown, impose fine for selling expired drinks, food items
ICRC, Rehab Initiative host diplomatic spouses' tour
Azad Jammu Kashmir Prime Minister Chaudhry Anwar ul Haq condoles over the demise ..
More Stories From Business
-
Pak-US officials engage to enhance trade, investment ties
15 minutes ago -
Stocks fall as tech shares sink, US economy slows
42 minutes ago -
Higher taxes, awareness help decrease cigarettes sale in Pakistan
2 hours ago -
Ahsan Iqbal chairs CPEC JWGs, 13th JCC review-meeting
2 hours ago -
Industries Minister recommends urea fertilizer import to stabilize prices and supply
2 hours ago -
Honda announces US$11 bn EV battery and vehicle plant in Canada
2 hours ago
-
Zhao Shirin calls on Punjab Industries Minister
2 hours ago -
CEO APM Terminals calls on Finance Minister
3 hours ago -
SACM visits GTVC checks attendance register
3 hours ago -
CEO APM Terminals meets Commerce Minister
3 hours ago -
RTO destroys huge quantity of non-duty paid cigarettes
3 hours ago -
Pakistan's total liquid foreign reserves reach $ 13.28 billion
3 hours ago