Thursday, June 1, 2023

Samsung Turns Down Invitation To Come To Pakistan

On Tuesday, Commerce Advisor Razak Dawood said Pakistan has failed to entice Samsung, the Korean mobile manufacturing giant, to set up a manufacturing and assembly factory in the nation.

Additional Secretary Commerce, Mujtaba Memon stated that he was now trying to convince the Chinese to start mobile phone exports from Pakistan.

According to Mujtaba, China started production last year and they were given a target of December 2021.

Mujtaba Memon informed the committee that the government had decreased energy tariffs for businesses. He also mentioned that duties and taxes on raw materials have been reduced as well.

He stated that the government has created new trading partners and the emphasis on exports, in new development sectors other than the traditional sector, has also contributed to exports.

Senator Muhammad inquired about the number of marble and mineral processing plants in Khyber Pakhtunkhwa (KP). He emphasized that following the merger of integrated areas, people were not granted loans to start industries.

The committee was told by the commerce adviser that the difficulties mentioned would be resolved while focusing on marble and minerals.

Read More: Viral Pak Meme ‘Friendship Ended With Mudasir’ Sold For $50k

Read More: Xiaomi Beats Samsung To Become World’s Largest Smartphone Brand

Read More: Snapchat Turned Down Facebook’s $3bn Buyout In 2013. It’s Now Valued At A Whopping $100bn

Read More: Elon Musk & Jeff Bezos Profited The Most During The Pandemic

Follow us on our social media channels to keep reading interesting content from us!





Similar Posts

2 thoughts on “Samsung Turns Down Invitation To Come To Pakistan
  1. Do you mind if I quote a couple of your articles as long asI provide credit and sources back to your website?My blog site is in the very same niche as yours and my users would certainly benefit from some of the information you present here.Please let me know if this okay with you. Thanks!

  2. Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

Leave a Reply

Your email address will not be published.

error: Content is protected !!