TDAP (The Trade Development Authority of Pakistan) stated to the press that Pakistan has secured orders of tractor wheel rims, tents and canvas cloth from Morocco and Saudi Arabia during the 9th edition of Expo Pakistan 2015.
The Memoranda of Understanding (MoU) between Moroccan and Saudi companies were signed on Friday in the presence of TDAP Chief Executive S M Muneer and TDAP Secretary Rabiya Javeri Agha.
A MoU has been signed between Materials Agricolas Automobiles and Industries, a Moroccan company, to purchase tractor wheel rims from Balochistan Wheels.
The Moroccan company has agreed to purchase tractor wheel rims worth $1.1 million from Balochistan Wheels in the next 18 months. The company expects to get more orders by the end of the four-day event.
An 11-member delegation of prominent businessmen from Morocco is attending the 9th edition of Expo Pakistan 2015 which is being held at the Expo Centre in Karachi.
A contract worth $6 million was also signed for export of tents and canvas cloth from Pakistan to Saudi Arabia. The agreement was signed between Abid Hassan Sabri of Al-Farooq Enterprises of Pakistan and Abdullah Muhammad of Al-Ghamdi Trading Estate of Saudia Arabia, who hoped to double the tent order by next year.
