AMJAD ALI JAWA ABDUL BASIT NASIR HAMEED KHAN

Transcription

1 AMJAD ALI JAWA ABDUL BASIT NASIR HAMEED KHAN

2 President Senior Vice President Vice President Editor Deputy Editor Incharge Printing, Publication & Marketing Graphics Designing: Abdul Basit Amjad Ali Jawa Nasir Hameed Khan Shahid Khalil Rashid Yaqoob Humayun Sardar Ahmad khan Address: The Lahore Chamber of Commerce & Industry 11 Shahra-e-Aiwan-e-Sanat-o-Tijarat, Lahore, Pakistan. Tel: UAN: Fax: Website: or peculation conducted, or investments made on the basis of this advertisement. 05

3 Newly Elected EC Members Corporate Class Abdul Basit Ali Hussam Ashgar Muhammad Arshad Chaudhry Muhammad Nadeem Mian Muhammad Moazzam Rasheed Javaid Iqbal Saddiqi Associate Class Nasir Hameed Khan Tahir Javaid Malik Shahid Nazir Zeeshan Khalil Tahir Manzoor Chaudhury Khamis Saeed Butt Tehmina Saeed Chaudhury 06

4 LCCI new bosses target economic challenges President Abdul Basit 07

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6 Country Profile of Kingdom of Saudi Arabia Location: Capital: Area: GDP: GDP per capita: Population: GDP Composition: Middle East, bordering the Persian Gulf and the Red Sea, north of Yemen Riyadh 2,149,690 sq km $653.2 billion (2015 est.) $ (2015 est.) 28,160,273 (July 2016 est.) Excellent Haj Arrangements Agriculture: 2.3% Industry: 46.9% Services: 50.8% (2015 est.) MAJOR INDUSTRIES Export Partners of Saudi Arabia China 13.1% Japan U.S. 10.9% 9.6% Import Partners of Saudi Arabia China 13.9% U.S. 12.6% Germany 7.1% 09

7 Trade between Pakistan & Saudi Arabia (Value in US$ Thousand) Years Pakistan's Exports to Saudi Arabia Pakistan's Imports from Saudi Arabia Balance of Trade Source: Trademap, ITC Pakistan's Exports to Saudi Arabia (Vale in US$ Thousand) HS Code Product Label Value in 2013 Value in 2014 Value in 2015 'TOTAL All products Cereals Meat and edible meat offal Other made-up textile articles; sets; worn clothing and worn textile articles; rags Coffee, tea, maté and spices Beverages, spirits and vinegar Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles Articles of apparel and clothing accessories, not knitted or crocheted Cotton Edible fruit and nuts; peel of citrus fruit or melons Articles of apparel and clothing accessories, knitted or crocheted Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere Fish and crustaceans, molluscs and other aquatic invertebrates Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof Sugars and sugar confectionery Aluminium and articles thereof Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal Copper and articles thereof Edible vegetables and certain roots and tubers

8 85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television Man Footwear, gaiters and the like; parts of such articles Articles of stone, plaster, cement, asbestos, mica or similar materials Source: Trademap, ITC Code Pakistan's Imports from Saudi Arabia Product Label Value in 2013 (Vale in US$ Thousand) Value in 2014 Value in 2015 'TOTAL All products Mineral fuels, mineral oils and products of their 27 distillation; bituminous substances; mineral Plastics and articles thereof Fertilisers Organic chemicals Miscellaneous chemical products Miscellaneous manufactured articles Aluminium and articles thereof Raw hides and skins (other than furskins) and leather Essential oils and resinoids; perfumery, cosmetic or toilet 33 preparations horsehair yarn and 51 woven fabric Paper and paperboard; articles of paper pulp, of paper or of paperboard Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television Iron and steel Man- -made 54 textile materials Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof included Rubber and articles thereof Printed books, newspapers, pictures and other products 49 of the printing industry; manuscripts, Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere Source: Trademap, ITC 11

9 By Furqan Hanif and Muhammad Furqan ul Munir, Tax Unit India Sri Lanka Bangladesh India Sri Lanka Bangladesh 12

10 India Sri Lanka Bangladesh India India 13

11 Similarly, indirect taxes ratio as compared to total taxes is on the higher side in Pakistan with 61.65% while India has a share of 48.95% which has increased from 44.18% in India Sri Lanka Bangladesh Open Market Currency Rates Currency Symbol Buying Selling Currency Symbol Buying Selling U.S. Dollar USD Qatari Riyal QAR Euro EUR Bahrain Dinar BHD British Pound GBP Thai Bhat THB UAE Dirham AED Chinese Yuan CNY Saudi Riyal SAR Hong Kong Dollar HKD Kuwaiti Dinar KWD Danish Krone DKK Canadian Dollar CAD New Zealand Dollar NZD Australian Dollar AUD Singapore Dollar SGD Omani Riyal OMR Norwegians Krone NOK Japanese Yen JPY Swedish Krona SEK 12.2 Malaysian Ringgit MYR Swiss Franc CHF Last Updated: October,

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13 Saudi Arabia Jeddah December 20 23, 2016 Saudi Arabia's Multi-Sectoral Trade Expo for Light Industries, Machinery, Consumer Goods, Clothing, Leather Goods, Fashion Accessories, Giftware and Textiles China Shanghai November 30 December 3, 2016 AUTOMECHANIKA SHANGHAI International Trade Fair for Parts and Accessories for the Automotive Industry, Equipment for Garages and Service Stations in China United Kingdom Kaohsiung December 06 08, 2016 London December 04-04, 2016 International Trade Show for the Metal Technology Sector United Arab Emirates Dubai December 06 08, 2016 INFOCOMM MEA Information & communication exhibition. InfoComm showcases the latest technologies in Multimedia and Corporate Communications, video display, projection, lighting & staging, digital signage digital content creation, networking, signal distribution Antiques and Collectors Fair. Discover at the Swinderby International Antiques & Collectors Fair vintage fashions & Jewellery, items of antique furniture, textiles. Over 600 stalls bursting with antiques. USA San Jose December 07 08, 2016 BIOMEDEVICE SAN JOSE A unique forum bringing together world-class medical device designers, engineers, researchers and manufacturers to share how to foster and support innovation in medical device design. Exposition and Conference info@ubm.com Argentina Buenos Aires November 29 30,

14 Iran wants to join CPEC says Consul General of Iran 17

15 Underinvoicing + smuggling = loss of Rs 200 billion Maqsood A. Butt 18

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18 LCCI Election

19 LCCI Election

20 Trade Bodies, Business Leaders congratulate LCCI office-bearers 23

21 Trade Bodies, Business Leaders congratulate LCCI office-bearers 24

22 Trade Bodies, Business Leaders congratulate LCCI office-bearers All Pakistan Anjuman e Tajran Leader Khalid Pervaiz, Mujahid Maqsood Butt and Abdul Razzaq Bubber congratulating newly elected LCCI President Abdul Basit, Senior Vice President Amjad Ali Jawa. 25

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