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    Home»Business»PAAPAM & Ministry of Defence agreed to explore partnership avenues of promoting self-reliance
    Business

    PAAPAM & Ministry of Defence agreed to explore partnership avenues of promoting self-reliance

    October 10, 2022No Comments2 Mins Read
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    LAHORE,  (Parliament Times) : The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) and the Ministry of Defence, Research & Development Establishment, have agreed to explore partnership avenues between the organs of the defence ministry and auto/engineering parts manufacturers with the objectives of promoting self-reliance, preventing foreign reserves’ drainage and controlling the country’s trade deficit.

    This was decided in a meeting held here today between PAAPAM and Ministry of Defence, Research & Development Establishment, with a view to meet the engineering needs of Defence Ministry through domestic engineering industries operating under the umbrella of the PAAPAM.

    The PAAPAM delegation was led by its outgoing chairman, Abur Razzaq Gauhar and Senior Vice Chairman, Usman Aslam Malik, while RDE DG Major General Khurram Anwar Qadri was heading the Ministry of Defence delegation. Both sides agreed on exchanging the technical teams to gear up the initiative.

    While welcoming the PAAPAM delegation, Major General Khurram Anwar Qadri said they are determined to satisfy its needs locally, as far as possible. He believed that the local industry had matured now and can be depended upon.

    PAAPAM outgoing chairman Abdur Razzaq Gauhar, on this occasion, said that the country’s national defense was our front line and front priority as well. He welcomed the shift of the policy by the ministry of defense to meet its aftermarket needs locally, which would save a lot of foreign exchange and create jobs and business opportunities for our industries.

    Usman Aslam Malik emphasized the need for articulating some TORs to progress the initiative for our national security organs. He assured the ministry that PAAPAM members were already exporting high quality products to many European and North American countries and can provide the same service to our local prestigious clients.

    The former Chairman of PAAPAM, Abdul Rehman Aizaz, also hailed the initiative and assured the best cooperation. The convener of the business development committee, Sikandar Baig, former vice chairman Irfan Ahmed Qureshi, and EC member Muhammad Nasim also spoke on this occasion on technical and procedural issues.

    Later, the delegation visited the stalls for inspection of various parts and equipment, and discussed technicalities.

    Saad Sherani, Haji Muhammad Nazeer, and Secretary General PAAPAM, Ghulam Murtaza, were also part of PAAPAM delegation

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