Commerce Minister underscores Importance of Agri-Trade and E-Commerce

News Image

MG News | September 29, 2017 at 02:49 PM GMT+05:00

0:00

Commerce Minister Stresses Importance of E-Commerce, Meets Eu Parliamentarians; Minister for Commerce and Textiles Highlights Agri-Trade, E-Commerce, Gsp Plus; Pakistan Commerce Minister Talk about GSP Plus With EU, Underscores Importance Of Agri-Trade And E-Commerce At WTO Public Forum

The Minister for Commerce and Textiles, Mr. Pervaiz Malik emphasized the importance of Agritrade and Agribusiness for developing countries like Pakistan that derive their livelihoods predominantly from agriculture. While speaking at the WTO Public Forum event organized by FAO and UNIDO the Minister stressed the importance of developing agriculture through access to newer technologies, focusing on the rural economy, integration of agrarian countries into global and regional value chains and providing a level playing field to farmers and agriculture exporters from small countries.  He also highlighted the significance of climate change and food security for developing countries as major challenges and called for agricultural productivity.

During his visit to Geneva, he also held a roundtable with the Friends of E-Commerce for Development (FEDs) – a group of developing countries led by Pakistan and Costa Rica and discussed matters surrounding connectivity and infrastructure for developing countries, and the possible outcomes in this area for the upcoming MC-11 WTO Ministerial Conference in December.

The Minister, along with a delegation of Parliamentarians from Pakistan (namely, Mr. Siraj Khan - Chairman of the National Assembly Standing Committee on Commerce, Senator Saud Majeed, and Senator Syed Tahir Mashhadi) also met a Parliamentary delegation from the EU Parliament comprising Mr. Bernd Lange, Mr. Helmut Schulz, Mrs. Inmaculada Rodriguez-Pinero Fernandez, and Mrs. Emma McClarkin for a discussion on matters of bilateral importance, primarily GSP plus. The Minister explained the benefits to Pakistan and EU from the enhancement of bilateral trade as a result of GSP plus and appreciated the efforts of the EU in this regard. He also showcased the progress made by Pakistan in social development including the progressive work on social and labor rights in the country.

Related News

Name Price/Vol %Chg/NChg
KSE100 156,180.94
423.57M
0.51%
796.43
ALLSHR 95,690.82
1,354.89M
0.59%
557.25
KSE30 47,714.39
199.12M
0.52%
247.40
KMI30 229,722.09
134.66M
0.91%
2076.87
KMIALLSHR 64,420.07
581.33M
0.83%
532.01
BKTi 41,969.52
122.61M
0.50%
207.74
OGTi 31,991.76
10.82M
1.18%
372.62
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,230.00 117,335.00
114,960.00
1655.00
1.43%
BRENT CRUDE 68.51 68.69
67.01
1.07
1.59%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.35 93.50
93.15
0.50
0.54%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.55 64.76
62.89
1.25
1.97%
SUGAR #11 WORLD 15.88 16.10
15.82
-0.12
-0.75%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg