Introduction and Future Expectations of Trade and Investment Forum

Mélange Trade and Investment forum

There have been so many changes in the way we do business. The growth of the digital economy, the rise of the service sector and the spread of international trade networks has all been game changers for international trade. International trade between different countries is an important factor in raising living standards, providing employment and enabling consumers to enjoy a greater variety of goods.

Mélange Trade & Investment Forum is a fresh vital platform to connect dynamic markets of Pakistan with rest of the world. We aim to conduct and host Pakistan’s most prestigious trade and investment events. To give Pakistan a platform globally, create international ventures, provide venues for trade, investment, entrepreneurship and technology regionally and globally. The Forum is also joining forces with the International Chamber of Commerce and various Private Enterprise Platforms to enhance trade.


16th January 2018 CPEC Conference Islamabad

Trade And Investment Forum & COPAIR partnered with Diplomatic Magazine in a wide-ranging CPEC conference in Islamabad to highlight the challenges and the benefits of the game changer project. The Conference highlighted the pertaining tasks, their solutions available and the long and short-term fruits that can be reaped by the Milestone Project for Pakistan’s prosperity, with special emphasis on inclusion and merging of smaller provinces. Gwadar’s development, China’s role in uplift of the region and overall scenario and steps taken by Pakistan to ensure the smooth working of all infrastructure, road, energy and related projects in CPEC.


Linking Pakistan worldwide

Trade and Investment forum has a vision to link Pakistan to Gulf region, Middle East and broader global outreach economically, diplomatically and on cultural level.


EXPO 2020 Dubai

World Expo 2020 will be held in Dubai, in the United Arab Emirates, between 20 October 2020 and 10 April 2021. The Expo site, which will cover a total of 438 hectares, is located in the Dubai South district, near the Al Maktoum International Airport. One of the main goals of Trade and Investment Forum is to have dominant presence in Dubai EXPO 2020. A great venue to introduce, connect and link Pakistani products, companies and people to Middle East, Africa and MENA region’s top trade openings.


Promoting women in business across the region

Securing finance is one of greatest challenges that women-led SMEs face. These businesses are often considered unappealing clients for banks because they are more likely to be small and based in the services, traditional or informal sectors. In addition, they often have limited access to information and/or face cultural biases that lead to weak application of property rights. Trade and investment forum aims to encourage and give prominence to women led business.


Providing relaxed Business Environment

We cooperate with policy-makers, local stakeholders, international financial institutions and the wider donor community to improve the business environment. These activities are tailored to the needs of each country and seek to bring international best practice to our region.


Prominent Trade Blocs around the world

There are numerous trade blocs working regionally and internationally to promote trade and investment around the world, some of them are notably more prominent and actively functioning with robust success. They all share a common objective to accelerate the economic growth, social progress and cultural development in the region through joint endeavors in the spirit of equality and partnership in order to strengthen the foundation for a prosperous region. They work for promotion of forceful collaboration and mutual assistance on matters of common interest in the economic, social, cultural, technical, scientific and administrative fields. Some of the most prominent ones are Central Asia Bloc, EU Block, Gulf Trade Bloc, ASEAN Bloc, SAARC Bloc and Nafta.


Gulf Trade Bloc

The Gulf Cooperation Council (GCC) is also known as the Cooperation Council for the Arab States of the Gulf (CCASG). It is a political and economic union of the Arab states bordering the Persian Gulf and constituting the Arabian Peninsula. The six member states of the union are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates and they are often referred to as “The GCC States. In 2018 First time in its history has UAE & Saudi Arabia has introduced 5% VAT on nearly every item in their tax system to generate more revenues.

 


ASEAN Bloc

The Association of Southeast Asian Nations (ASEAN) has been a positive and increasingly potent force behind recent economic integration in the Asia Pacific region. The ASEAN work towards building capacity, cooperation and understanding among the Members of ASEANSAI through the exchange and sharing of knowledge and experiences in the field of public sector and to provide a conducive environment and facilities to promote research, training, and continuous education.


EU Trade Bloc

Foreign investment is when businesses or individuals invest in another country.  There are two main types of foreign investment.

           Foreign direct investment (FDI) where an investor sets up or buys a company in another country

           Portfolio investment: where an investor buys equity in or debt of a foreign company. The investor does not necessarily have a long-term interest in the company or an influence over its management. The EU is both the largest provider and destination of FDI in the world. EU has achieved a strong position by acting together with one voice on the global stage, rather than with 28 separate trade strategies.


SAARC

The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of nations include Afghanistan, Bangladesh, Bhutan, India, Nepal, Maldives, Pakistan &  Sri Lanka. SAARC comprises 3% of the world’s area, 21% of the world’s population and 3.8% (US$2.9 trillion)[3] of the global economy, as of 2015.


NAFTA

In 1994, the North American Free Trade Agreement (NAFTA) came into effect, creating one of the world’s largest free trade zones and laying the foundations for strong economic growth and rising prosperity for Canada, the United States, and Mexico. Since then, NAFTA has demonstrated how free trade increases wealth and competitiveness, delivering real benefits to families, farmers, workers, manufacturers, and consumers. NAFTA has systematically eliminated most tariff and non-tariff barriers to free trade and investment between the three NAFTA countries.


Central Asia Bloc

The Central Asia Regional Economic Cooperation (CAREC) Program is a program established in 1997 by the Asian Development Bank (ADB) to encourage economic cooperation among countries in the Central Asian region. Afghanistan, Azerbaijan, People’s Republic of China (the Xinjiang Uygur Autonomous Region and the Inner Mongolia Autonomous Region), Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, Uzbekistan.


Conclusion

We need to enhance economic cooperation and open more channels of investment. Although TAIF has taken its first step and we have a long way ahead of us but I am pleased with our progress and look forward to our achievements in the year 2018.

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