The Commerce Improvement Authority of Pakistan (TDAP) acknowledged that Pakistan has secured orders of tractor wheel rims, tents and canvas fabric from Morocco and Saudi Arabia throughout the ninth version of Expo Pakistan 2015.
The Memoranda of Understanding (MoU) between Moroccan and Saudi firms have been signed on Friday within the presence of TDAP Chief Govt S M Muneer and TDAP Secretary Rabiya Javeri Agha.
A MoU has been signed between Supplies Agricolas Cars and Industries, a Moroccan firm, to buy tractor wheel rims from Balochistan Wheels.
The Moroccan firm has agreed to buy tractor wheel rims value $1.1 million from Balochistan Wheels within the subsequent 18 months. The corporate expects to get extra orders by the tip of the four-day occasion.
A member of the Moroccan Parliament, Hassane Berkani, was additionally current on the occasion. An 11-member delegation of distinguished businessmen from Morocco is attending the ninth version of Expo Pakistan 2015 which is being held on the Expo Centre in Karachi.
A contract value $6 million was additionally signed for export of tents and canvas fabric from Pakistan to Saudi Arabia. The settlement was signed between Abid Hassan Sabri of Al-Farooq Enterprises of Pakistan and Abdullah Muhammad of Al-Ghamdi Buying and selling Property of Saudia Arabia, who hoped to double the tent order by subsequent yr.