Union of Small and Medium Enterprises urge Trading Corporation of Pakistan to set up SME Export House jointly with Small and Medium Enterprises Development Authority

Karachi, June 18, 2015 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has urged S.M. Munir CEO of Trading Corporation of Pakistan (TDAP) to set up the promised SME Export House from export development funds on the premises to be vacated by the Rice Exporters Association of Pakistan (REAP) due to disbandment of the Quality Review Committee (QRC) by the end of the fiscal year before 30th June 2015 positively as reported.

President UNISAME Zulfikar Thaver said REAP had purchased properties in Karachi and Lahore for its own offices from QRC funds which it is obliged to return as it is public funds and belongs to the state and cannot be in the ownership of REAP under any circumstances.

REAP had wrongfully got the transfer in its name instead of TDAP and objections have been raised by the relevant authorities who are at a loss to understand as to who gave them the permission to purchase immovable property in the name of a trade body.

In fact it is believed the auditors would also report the discrepancy in the audit which is being conducted would also pinpoint the question. It would therefore be appropriate if REAP returns its offices in Karachi and Lahore to TDAP gracefully and rent out premises for itself rather than continue to use property purchased with public funds unlawfully without lawful permission.

The premises would be best suited for an SME Export House with modern facilities for SMES and supported with Internet network for SME Gallery with expertise of SMEDA. It would be an ideal utilization of property rightfully belonging to the state.

Thaver reminded the TDAP to expedite the SME Export House for which preliminary work was done and a steering committee was formed with experts. He said TDAP could join hands with the Small and Medium Enterprises Development Authority (SMEDA) who has also done preliminary work as the SME Export House is promised in the SME policy.

The main functions of the export house would be to enable the SMES to find overseas buyers for their products and services by exhibiting their products on the internet by placing them on the internet gallery.

Secondly to educate the SME exporters to export the goods by offering training in documentation, accounting, logistics, branding and value addition.

Thirdly to educate the SME exporters to market their products and realize proceeds.

Fourthly to educate the SME exporters to obtain the best freight rates and how best to insure their cargo and cover risk satisfactorily.

Thaver said UNISAME had informed Prof Ahsan Iqbal federal minister of planning and development in the round table conference convened by him for Vision 2025 about the urgent need for the trading house under TDAP and that it would have a big impact and should be set up without loss of time.

For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642
Cell: +92-300-8245307, +92-321-8245307
Email: unisame@gmail.com