Saudi Arabia has informed Pakistan that the Kingdom will allowvarious local medicines if Pakistan's pharmaceutical sector adheredto standards prescribed by United States Food and DrugAdministration (FDA), Business Recorder learnt on good authority. According to sources, the domestic pharmaceutical sector followedBritish standards and only two Pakistanis firms were exportingmedicines to Saudi Arabia. The official said that chances ofPakistani pharmaceutical firms exporting products to the monarchywere bright if Free Trade Agreement (FTA) was signed between thetwo countries. The Kingdom is among top 15 major export destinations of Pakistan.Annual bilateral trade between the two countries stood at nearly $5billion. Major items of exports from Pakistan to Saudi Arabiaincluded raw cotton, cotton yarn, cotton cloth, readymade garments,bed linen, towels, tents and canvas, art silk and synthetictextiles, leather garments, furniture, carpets and rugs, footwear,sports goods and surgical goods, rice, fish, fruits, vegetables,spices, biscuits, jams, and juices. Pakistan imports petroleum fromSaudi Arabia. Other imports from Saudi Arabia include petrochemicals, organicchemical products, plastics and plastic products, fertilisers,steel products, electrical equipment and materials, raw skins,tanned leather, boilers and heavy equipment, copper and copperproducts, aluminium and aluminium products, chemicals (in-organic),components, precious metals, steel castings, tractors and otherfloor coverings of man-made fibers, various chemical products,rubber and rubber products. Major joint venture investments both in Saudi Arabia and Pakistaninclude companies like HUBCO, Pak Electron, Attock Cement, NationalTiles and Ceramics, Saudi-Pak Industrial and AgriculturalInvestment Company, Prime Commercial Bank, Falcon Cement, AttockOil Refinery, Pak-Arab Refinery, Pakistan Cables Limited, FaisalIslamic Bank, Sanaullah Woolen Mills, Al-Dahlawi Sana Co formanufacturing Surgical Strings, National Fabric Products Factory,United Spinning & Textile Factories Co, Al-Olyan Descon EngineeringCo. Ceramic Fiber Cloth is a suitable choice for enterprises that want to do business online, we provides low price and fine commodities such as Ceramic Fiber Cloth, and many other products, just visit it ! The e-commerce company in China offers quality products such as Ceramic Fiber Cloth , Glass Fiber Tape, and more. For more , please visit Glass Fibre Roving today!
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