Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • Wed

    26℃ - 32℃

  • Thu

    25℃ - 32℃

  • Fri

    25℃ - 31℃

  • Sat

    26℃ - 30℃

2017 Expo Pakistan kicks off

  • Stefani Ribka
    Stefani Ribka

    The Jakarta Post

Karachi, Pakistan | Thu, November 9, 2017 | 05:47 pm
2017 Expo Pakistan kicks off Visitors attend the opening of the 2017 Expo Pakistan, the country’s largest trade event held by the Trade Development Authority of Pakistan (TDAP) in Karachi on Nov. 9. (JP/Stefani Ribka)

Pakistan’s largest trade event kicked off on Thursday in Karachi, aiming to introduce its expertise and goods to the world by inviting 1,300 delegates worldwide, including 70 from Indonesia. 

The four-day event showcases various goods and services, ranging from leather, cotton, surgical instruments, sporting goods, home décor, gems and jewels to agriculture products, aims to pocket more than US$1 billion worth of transactions.

“We are trying to highlight the trade potential of our country. Our objective is to show the world that our competitiveness is not limited to a few products,” Muhammad Usman, commercial attache with the Pakistan Embassy in Indonesia told The Jakarta Post on Thursday.

Pakistan, which is reforming its economy following internal security issues, booked a trade deficit that fluctuated between $19 billion and $26 billion from 2012 to 2016, Trademap data shows.

The deficit declined 22.3 percent to $20.5 billion in 2016. The county’s major export commodities are textile and clothing, cotton, cereals and leather.

Indonesia is Pakistan’s fourth-biggest importer with 4.4 percent market share. The Southeast Asian country has been enjoying a $2 billion surplus over the past five years.

Two-way trade between the two countries improved as of August, with exports from Indonesia having increased 28.2 percent to $1.6 billion, while imports from Pakistan increased 39.7 percent to $128.9 million.  (bbn)

 

Join the discussions