Pakistan\u2019s exports of tools and cutlery of base metal to China crossed $10m
\nISLAMABAD
\nThe significant increase in Pakistan\u2019s export of cutlery and base metal tools to China by 25% in 2023 highlights the positive trade relations between the two countries. Sources from Ministry of Commerce told CEN that Pakistan\u2019s exports of tools and cutlery of base metal to China crossed $10 million during 2023, an increase of 25%.
\n\u201cPakistan exported pliers, pincers, tweezers & similar tools (commodity code 82032000) worth $3.57 million to China in 2023, whereas scissors, tailors\u2019 shears & similar shears, & blades (commodity code 82130000) crossed $2.39 million in 2023\u201d, he added.
\n\u201cIn Wazirabad, the bustling markets are teeming with workshops and storefronts, where artisans diligently ply their trade, preserving age-old techniques while embracing modern innovation. It is a testament to the resilience and ingenuity of its people. The city\u2019s craftsmanship has garnered global acclaim, with its products sought after by connoisseurs and collectors worldwide\u201d, he stated.
\nFaisal Shahzad, affiliated with a cutlery business in Wazirabad said that the industry not only provides employment opportunities but also serves as a source of pride for the local community. \u201cWazirabad stands as a shining beacon of craftsmanship and tradition in Pakistan, a testament to the enduring legacy of its artisans and their dedication to perfection in every piece they create.
\nIf we request the Chinese to invest and shift their related industries here, our export could be much bigger than we expect\u201d, he said. Traders believe that this surge can be attributed to the economic opportunities arising from initiatives such as the China-Pakistan Economic Corridor (CPEC), which have bolstered bilateral trade and cooperation.
\nRazzak Khan, a Pakistani exporter of cutlery and base metal tools said that Pakistan\u2019s success in expanding its cutlery exports to China underscores the potential for further growth and collaboration in various sectors.
\nThe strategic partnership between Pakistan and China continues to drive economic development and create mutually beneficial opportunities for both nations, setting a promising trajectory for future trade relations. <\/p>\n","protected":false},"excerpt":{"rendered":"
Pakistan\u2019s exports of tools and cutlery of base metal to China crossed $10m ISLAMABAD The significant increase in Pakistan\u2019s export of cutlery and base metal tools to China by 25% in 2023 highlights the positive trade relations between the two countries. Sources from Ministry of Commerce told CEN that Pakistan\u2019s exports of tools and cutlery […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-393103","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n