Wednesday, August 06, 2008
By our correspondent
ISLAMABAD: South Africa and surrounding countries are interested in importing Pakistani tractors and their parts as the Pakistani Trade Office there is receiving several queries in this regard on a daily basis.
This was revealed in a meeting of the sub-committee on fiscal issuesñindigenisation formed under the Auto Industry Development Programme (AIDP) by the Engineering Development Board (EDB) which met here on Tuesday.
A representative of a major motorcycle manufacturing company in the country informed that they were about to make a breakthrough in the African market with the signing of an agreement regarding the exports of motorcycles. However, the committee felt that the progress on the export front was very slow and the industry should take remedial measures to increase it in order to offset the trade deficit, said a news statement issued here. It requested its sister committee on exports to thoroughly analyse the situation and recommend measures.
For more on this article, please click on the following link: Pakistani tractors attract African countries: The News
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