PFC delegation leaves for Turkey to extend cooperation in furniture sector

News Image

MG News | January 26, 2018 at 05:28 PM GMT+05:00

A delegation of the Pakistan Furniture Council (PFC) Friday left for Turkey on 4-day visit to explore new investment avenues by sharing their vision, expertise for the formulation of future policies, economic studies and project-specific reports in addition to promotional efforts.

PFC Chief Mian Kashif Ashfaq said the delegation will have an in-depth discussion with their counterparts in Turkey," a press statement said.

The PFC is focusing on marketing activities in key foreign markets mainly United States, Japan, European Union, and the Gulf region.

He said Turkey can provide huge opportunities to Pakistani exporters to market their products including handmade furniture in European markets in collaboration with Turkish companies.

Regarding furniture, he said Turkish firms are manufacturing costly and high quality machine-made furniture for the European consumers.

He said in Pakistan most of the furniture is hand-made but still it is cheap and could be marketed in EU countries at a high price. In this connection, Turkish firms can also play a major role in facilitating Pakistani manufacturers to have direct access to the potential customers.

He said Pakistan-Turkey relationship is unparalleled in inter-state relations.

He said the special ties have flourished due to successive generations of leaders in the two countries.

The PFC chief executive added that participation in international shows should be deemed imperative for furniture exports.

He accentuated that the establishment of joint ventures with Turkey for the provision of required machinery can encourage the quality of Pakistan’s furniture products and brings them at par with international standard.

“Therefore, there is a dire need to transform our furniture business from cottage or small scale to highly innovative industry, for which training of skilled labour and high-end supplies are required,” added Ashfaq.

He also said, “The PFC will invite Turkish furniture producers to participate in forthcoming 3-day 10th mega “Interior Pakistan” furniture exhibitions in Pakistan starting from May.

Related News

Name Price/Vol %Chg/NChg
KSE100 180,104.61
388.90M
-0.11%
-206.60
ALLSHR 108,838.05
888.10M
-0.14%
-150.10
KSE30 53,603.57
82.09M
-0.20%
-109.40
KMI30 252,988.26
112.53M
-0.14%
-356.16
KMIALLSHR 69,789.36
622.55M
0.02%
11.95
BKTi 51,939.19
21.86M
-0.35%
-181.79
OGTi 35,691.88
10.10M
0.01%
3.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,480.00 63,715.00
63,470.00
5.00
0.01%
BRENT CRUDE 87.00 89.07
85.85
-1.98
-2.23%
RICHARDS BAY COAL MONTHLY 110.25 110.50
110.25
-0.50
-0.45%
ROTTERDAM COAL MONTHLY 122.00 122.00
122.00
-0.60
-0.49%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 81.34 81.36
81.02
0.09
0.11%
SUGAR #11 WORLD 16.75 16.84
16.27
0.33
2.01%

Chart of the Day


Latest News
August 14, 2026 at 12:15 AM GMT+05:00

SBP reserves rise $14m to $17bn


August 14, 2026 at 12:05 AM GMT+05:00

SCRA balance falls Rs657m to Rs27.3bn in week


August 13, 2026 at 11:55 PM GMT+05:00

Petrol price rises Rs0.45, HSD up Rs1.16


August 13, 2026 at 04:59 PM GMT+05:00

SECP suspends proposed acquisition of Al Shaheer corporation


August 13, 2026 at 04:39 PM GMT+05:00

Supernet fixes August 19 launch for 85% right share trading



Top 5 things to watch in this week

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