PFC delegation leaves for US to explore furniture export markets

image
ISLAMABAD-A delegation of Pakistan Furniture Council (PFC) led by its Chief Executive Officer (CEO) Mian Kashif Ashfaq on Sunday left for the United States on week-long visit to explore new markets and further strengthen bilateral trade ties with their counterparts.

In a statement, Kashif Ashfaq said there is vast scope to increase furniture export volume due to an upward trend, as the demand for furniture and wooden products are on the rise in the US and European markets along with the domestic consumers.

He said that American buyers prefer to buy value-priced and high quality finished goods for dining and bedroom, leather and fabric upholstery, occasional and youth furniture. Kashif said that opportunity is huge, but the sector needs a large number of skilled workers to meet the rising demand. “We are making special efforts to increase furniture export catering to the rising global demand,” he maintained.

The delegation will also learn about the latest products and technologies in their fields. Such business-oriented tours could play a pivotal role for Pakistani furniture manufacturers in achieving the export target of more than $1 billion annually in the international furniture markets, the PFC chief executive said.

Punjab govt accords approval to wheat purchase policy for 2023-24

He urged the government to immediately remove snags hampering furniture exports and take steps to curb sheesham wood smuggling in the garb of raw materials, besides awarding it a status of full-fledged industry. Pakistan’s major buyers of wooden furniture are the UK, US, Sri Lanka and Gulf countries such as the UAE, Saudi Arabia, Oman and Kuwait, he said, adding that the US buys mostly bedroom furniture. The UK and Gulf countries import kitchen and office furniture.Kashif also urged the Trade Development Authority of Pakistan (TDAP) to support furniture exporters at international exhibitions. Pakistani foreign missions should also help explore new avenues and hold exhibitions in their respective countries, he concluded.


News Source   News Source Text

Meta Urdu News: This news section is a part of the largest Urdu News aggregator that provides access to over 15 leading sources of Urdu News and search facility of archived news since 2008.

Get Alerts Follow