LAHORE: Five-day “Export Management” program of the Lahore Chamber of Commerce & Industry successfully concluded on 10.11.2018. The program was aimed at providing information regarding export process to the entrepreneurs so that they can enter into the international market with a bundle of information and confidence.
The program was designed under guidelines given by the LCCI President Almas Hyder, Senior Vice President Khawaja Shahzad Nasir and Vice President Fahim-ur-Rehman Sehgal. The program was jointly inaugurated by the Collector Customs Jamil Nasir and the LCCI Vice President Fahim-ur-Rehman Sehgal while closing ceremony was attended by the experts and people from different walks of life.
The experts addressed different sessions of the LCCI Export Management Program. Presentations focused on key factors belonging to exports were major part of the training. The experts threw light on significance of exports for national economy, governing the rules & regulations, methods of settlement in international trade, export documentation and procedures, SBP regulations for export, export re-financing schemes, international trade & transport, land, air and sea transportation, obtaining NTN etc. They also guided the participants on how to access foreign markets, how to find buyers for their products.
The LCCI office-bearers said that the LCCI “Export Management” program had a caliber of understanding the depth of a foreign exchange and international trade laws. They said that coordinators of the program deserve appreciation for their untiring efforts.
They said that our national export does not match with huge potential therefore, young entrepreneurs have to come forward and demonstrate their abilities to give a jumpstart to the exports.
They said that the Lahore Chamber of Commerce & Industry felt the need of introducing this course keeping in view the ongoing stagnation in total exports of Pakistan. They said that in past, LCCI has been offering such courses on regular basis.
“Participants of the course should work under a well-thought export strategy based on products marketing. Value addition was one of the best tools to earn huge foreign exchange and this target can be achieved through investment in technology, skill enhancement and research and development”, the LCCI office-bearers said.
They urged the young entrepreneurs to focus on trade with the regional countries that was more efficient in terms of cost and logistics. They said that Pakistan occupies a strategic location and has ability to act as a major player in transforming the region into a trade and manufacturing hub.
They said that the promotion of regional trade also offers promising benefits to the industry as it would enable it to source raw materials from the region that would ultimately reduce cost of production and create opportunities to improve economy of scales by having easy access to neighboring markets.
Participants of the program indicated that the program’s greatest impact had been on their know-how and capacity so they can be instrumental in the enhancement of the Pakistan’s exports.