GAPC seeks representation in Pak-India JBC
November 09, 2012
M RAFIQUE GORAYA
Gold Art Promotion Council (GAPC) has sought representation in the recently formed Pakistan-India Joint Business Council (JBC). Talking to Business Recorder here on Thursday President Gems and Jewellery Business Committee Muhammad Ahmad hailed formation of Pakistan-India Joint Business Council by the Punjab government and said it would have far-reaching effects on the economies and volume of trade between the two neighbouring countries.
Ahmad said GAPC had been making efforts for promotion of trade between the two countries since 2004. It is a good omen that the two countries have realised the importance of liberalisation of trade. Referring to his recent visit to India, Ahmad said India is ready to provide technical facilities of international standard to Pakistan’s gems and jewellery sector for which we should formulate a solid and co-ordinated policy.
Ahmad said under the current ever rising gold prices and devaluation of Pak rupee against dollar, there is an urgent need to have working relations with India in the field of gems and jewellery trade as it has tremendous scope for promotion of Pakistan’s exports in the international markets.