Thai Trade Delegation & SMEDA discuss joint ventures in SME sector

Trade and industry

LAHORE: A 10-member Thai Trade Delegation discussed the scope of joint ventures in SME sector with Small and Medium Enterprises Development Authority (SMEDA) on Tuesday at a meeting held at SMEDA Head Office. H.E. Mr. Marut Jitpatima, Ambassador of the Royal Thai Embassy was leading the delegation. Whereas, on behalf of SMEDA, Mr. Iqbal A. Kidwai, General Manager Operation and Outreach led the discussion along with Mr. Bakhtiar Khan, GM Policy & Planning.

Members of the delegation, while exchanging their views with SMEDA experts, observed that Pakistan was tremendous natural resources supplemented by plenty of the raw material and produces produced by its Agricultural sector. Pakistan can bring prosperity to its people by proper exploitation of these resources through modern technologies, they added.

The delegation identified the fields of Agro-food processing, Gems & Jewellery, Textile, Livestock, Fisheries and Marine Aquaculture for joint ventures between the two countries and offered SMEDA to initiate a serious follow up towards this direction in collaboration with the local Thai Embassy.

H.E. Mr. Marut Jitpatima, Ambassador of Royal Thai Embassy, while expressing his views on this occasion, assured to expedite initiatives for training of trainers as well as exchange of trade delegations between the two countries. He put special emphasis on sharing Thai expertise in value addition of aquaculture and precious stones in Pakistan. He proposed to arrange an MoU between SMEDA and its Thai counterpart for continuous follow up on joint ventures in the SME sector.

Earlier, Mr. Iqbal A. Kidwai, GM Operations and Outreach of SMEDA gave a presentation to the visiting delegation on services and projects of SMEDA. He told that besides developing services, Projects and Policies for SME sector, SMEDA was striving hard to bring modern technologies, training and marketing techniques through international agencies like World Bank, USAID, GTZ, JICA, ADB, UNIDO and UNDP. He assured to strengthen relations also with Thai development agencies through continued interaction with Royal Thai Embassy in Pakistan.

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