Buksh Foundation becomes member of Italian Development Committee-Lahore Chapter

Lahore, May 16, 2014 (PPI-OT): Buksh Foundation has become a proud member of the Italian Development Committee-Lahore Chapter. The IDC is committed to bi-lateral trade and investment between Italy and Pakistan with an aim to develop activities in aid of commercial exchange between Italy and Pakistan. The IDC assists enterprises to support the development of economic relations and any possible collaboration between entrepreneurs of the two countries.

AsimBuksh, Chairman Buksh Group was also present at the event, he said “it’s an honor for Buksh to become a proud member of the IDC; Men’s Store which is a premium retail brand store and sells high end luxury goods to its brand conscious customers, imports these premium quality products from Italy.”

“The retail sector of Pakistan is growing at a rate of 5.3% and viewed as attractive for investors, thus such memberships are significant to the growing retail market of Pakistan as they promote smooth trade relationships and friendly relations between countries.”He added

Fiza Farhan, CEO Buksh Foundation was honored with the title of Co-Chairperson of the Italian Development Committee at the 1st Executive Meeting. On this event she said, “Buksh Foundation and IDC shall develop relations for the economic and financial circles of the two countries. Italy has shown great interest in Pakistani market; $1.2 billion bilateral trade took place between the two trading partners last year. Such relations will give boost to both economies and will lead to healthy international relations.”

As the committee Co-Chairperson Ms. Farhan’s roles and responsibilities would be to represent, express and give relevant opinions to the board regarding trade, commerce, finance, industry, agriculture and related questions; providing healthy channels of communication within the business community and Governments of both the countries.

With the help of this membership, the Foundation would be able to promote trade and commerce between the two countries and bring international communities to table for promotion of Pakistani trade and commerce and bring back foreign direct investment in Pakistan.

For more information, contact:
Buksh Foundation
54 D-1 Sir Syed Road Gulberg 3 Lahore
Pakistan
Tell: +92-42-35716401-9
Email: info@bukshfoundation.org

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