logo
TDAP to participate in Automechanika Frankfurt 2026

TDAP to participate in Automechanika Frankfurt 2026

KARACHI: Pakistani manufacturers will participate in the four-day exhibition Automechanika Frankfurt 2026, while the Trade Development Authority of Pakistan (TDAP) will also take part with the Pakistan Pavilion.
TDAP is offering subsidised stalls to promote the export of automotive parts, tyres, systems, and technologies related to the repair and maintenance of cars and trucks.
Automechanika Frankfurt will be from September 8 to 12, 2026, bringing together global experts from the automotive industry to explore the latest innovations and technologies. This year's fair will feature a new forum titled 'HighTech4Mobility' focusing on software-defined vehicles. Other key topics will include sustainability, transformation, and workforce development.
Copyright Business Recorder, 2025

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Pakistan, Afghanistan discuss trade relations, regional projects
Pakistan, Afghanistan discuss trade relations, regional projects

Business Recorder

time5 hours ago

  • Business Recorder

Pakistan, Afghanistan discuss trade relations, regional projects

ISTANBUL: Afghan Foreign Minister Maulvi Amir Khan Muttaqi met with Deputy Prime Minister and Foreign Minister of the Islamic Republic of Pakistan, Mohammad Ishaq Dar, on the sidelines of the 51st Session of the Organization of Islamic Cooperation Foreign Ministers in Istanbul. In this meeting, the two sides discussed bilateral relations, regional projects, and bilateral trade and transit, the Afghan Foreign Ministry spokesman said. The country's Foreign Minister expressed hope that with the increase in the level of diplomatic relations between the two countries, practical cooperation in bilateral relations will further expand. The Pakistani Foreign Minister also stressed that the two countries can make practical progress on major projects such as the development of the Afghan Trans-Afghanistan. The meeting also discussed the upcoming dialogue between the foreign ministers of Afghanistan, Pakistan, and China, which will be held in Kabul.

Russia offers stakes in its Nigeria oil, gas fields
Russia offers stakes in its Nigeria oil, gas fields

Express Tribune

timea day ago

  • Express Tribune

Russia offers stakes in its Nigeria oil, gas fields

Listen to article Russia has offered Pakistan stakes in its oil and gas fields in Nigeria, a move that will help secure energy supplies and ease pressure on foreign exchange. Russian energy giant Gazprom wants Pakistan's largest oil and gas explorer – Oil and Gas Development Company Limited (OGDCL) – to enter into joint ventures in its overseas oil and gas exploration projects. At present, Pakistan produces 15% of crude oil locally whereas remaining needs are met through expensive imports that build pressure on foreign exchange reserves. Earlier, Pakistan Petroleum Limited (PPL) tried to explore oil and gas in Iraq but that venture did not yield any result. Now, a Pakistani delegation, led by Petroleum Minister Ali Pervaiz Malik, which is on a visit to Russia, has informed Moscow that Pakistan is interested in getting stakes in the fields that are already being developed to avoid risks. Ali Pervaiz Malik, who had replaced former petroleum minister Musadik Malik, was keen to address issues of oil and gas sectors. OGDCL Managing Director Ahmed Hayat Lak is also part of the delegation. Sources told The Express Tribune that the petroleum minister held a meeting with the chief executive officer of Gazprom, a Russian company responsible for overseas investment in oil and gas fields. During the meeting, the CEO of Gazprom offered Pakistan's petroleum minister to form joint ventures between OGDCL and Gazprom in those fields which were being operated by the Russian company outside Pakistan and Russia. At present, Gazprom is operating in different countries such as Bangladesh, Vietnam and Nigeria. He informed the Pakistani side that OGDCL could enter into a joint venture with Gazprom in any field. Pakistani companies including OGDCL, Mari Petroleum, Pakistan Petroleum Limited (PPL) and Government Holdings Private Limited (GHPL) had also formed a joint venture with a state-owned firm of the UAE in Dubai in an offshoring block. The UAE had offered a field to Pakistani companies, which had already been developed to avoid risks and was not a new block. Sources said that the Pakistani side informed the CEO of Gazprom that it was not interested in those blocks which had not been developed so far and wanted to follow the Dubai project model. Pakistan wants to get stakes in those fields which have already been developed by Gazprom. According to sources, Gazprom offered the petroleum minister to buy stakes in a developed hydrocarbon block in Nigeria, where no risk was involved. It proposed that Gazprom, a Nigerian state-owned company and OGDCL could become partners in that field. Sources said that the Russian company would now send a proposal to OGDCL for evaluation as it would be a pure commercial deal. The Pakistani side had already offered Russia to become part of OGDCL's bid for offshore drilling in Pakistan. Officials say a joint venture with Gazprom in Nigeria will also become a base for engaging the Russian company in offshore drilling in Pakistan. OGDCL and other Pakistani companies have already reached an understanding with a Turkish firm to offer a joint bid for an offshore exploration field in Pakistan. Officials say Pakistan is also looking towards the Russian firm to become its partner in this venture. Russia has been struggling to establish a firm footing in Pakistan's energy sector for the last one decade but it has not been able to achieve success. It was also working with Pakistan to build an LNG pipeline from Karachi to Lahore for transporting imported gas. However, US sanctions on Russian firms were a key hurdle, which could not allow implementation of the project. The structure of Pakistan Gas Stream Project was changed almost six times to avoid US sanctions but nothing could provide successful. Now, Gazprom has offered Pakistan to become a partner in oil and gas fields in Nigeria. Pakistan is hopeful that this joint venture could become successful.

TDAP holds seminar on ‘Wood Identification' at SCCI Peshawar
TDAP holds seminar on ‘Wood Identification' at SCCI Peshawar

Business Recorder

timea day ago

  • Business Recorder

TDAP holds seminar on ‘Wood Identification' at SCCI Peshawar

PESHAWAR: A seminar titled 'Wood Identification, Quality Assessment and Export Procedure' was organized by the E&M-Division-II of Trade Development Authority of Pakistan (TDAP) at Sarhad Chamber of Commerce & Industry (SCCI), Peshawar. The event was held in collaboration with SCCI and was well attended by a large number of renowned business representatives from the furniture sector of Khyber Pakhtunkhwa. The seminar included inaugural remarks, technical presentations and an interactive question-and-answer session. After the formal opening by the TDAP, the President of SCCI and the Chairman of the Furniture Association (KP Chapter) in their speeches highlighted key challenges faced by the furniture industry in business promotion and increasing exports. The technical session featured three presentations. Dr Zahid Rauf and Dr Tanveer Hussain from the Pakistan Forest Institute provided detailed insights on wood identification and quality assessment. From TDAP, Nadia Farooqui, Director and Zahid Mohammad, Deputy Director shared valuable information on international trade and export procedures relevant to the furniture industry. The seminar was highly informative and well appreciated by all participants. Responding to feedback from the attendees, the President of SCCI emphasized the need for TDAP to continue organizing such capacity-building sessions, particularly on topics such as e-commerce and digital marketing. During the seminar, participants also discussed key issues hindering furniture exports. These included the non-functional status of the Pakistan Furniture Institute in Hayatabad and the absence of allocated land for the establishment of a dedicated Furniture City. Copyright Business Recorder, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store