Trade opportunities among Pakistan and East African Countries
No Thumbnail Available
Date
2001
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
UMT, Lahore
Abstract
This project sheds light on an area of great importance to both Pakistan and
the East African countries. Due to the time factor and the difficulty in
obtaining the data, this project couldn't be written in a detail beyond this
extent.
Pakistan in comparison with these countries is considered to be more developed,
therefore the trade opportunities that Pakistan can have with these countries may
concentrate on the following areas: Textiles, leather products, processed food,
beverages, garments, paper products, sports goods. Surgical instruments,
pharmaceuticals. Construction materials, rice, small industry and agricultural
machineries, electrical appliances, electronics and others.
Pakistan has already trade relations with some of these countries but surprisingly it
seems that both Pakistan and the East African countries are not aware of the fact that
engaging in a wider trade relation than the one existing today will benefit them and
thus save a large amount of foreign exchange.
The main trade partners with the East Afncan countries include USA, European
countries, Japan, China, Malaysia, Brazil and others. The goods imported from
Pakistan will be cheaper as compared to those imported from the traditional
competitors because Pakistan has a cheaper manpower; secondly Pakistan is
geographically closer to the East African countries.
If Pakistan intensifies its Trade relations with these countries there's a possibility that
its products will make their way in to the Central Africa, this may further create
another opportunity for the Pakistani business community.
On the other hand, the East African countries relatively have less export to offer
Pakistan but they can indirectly benefit by opting to import cheaper products from
Pakistan.
This project will help the Pakistani, the East African business communities and every
other foreign willing to obtain information concerning the trade opportunities among