Shandong in China concluded their ‘World Food and Agricultural Products E-Commerce Conference’ in September in which countries such as the United States (US), Russia, Australia, Germany, Malaysia and many more gathered together to give birth to a discussion on how to improve cross-border business when it comes to food and agriculture.
National Development and Reform Committee Editorial Department Director Song Chengmin said that cross-border e-commerce may encounter 14 difficulties: online language, offline logistics, customs, inspection and quarantine, tax rate, exchange rate, finance, culture, law, economy and diplomacy etc.
Representing eWorldTrade, Pakistan IESOL Global Marketing President Muhammad Abid Latif was present there as well along with many other famous personalities. In his speech, he emphasised how big of an agricultural country Pakistan really is, with many producers and suppliers of food and crops and the agricultural industry contributing to over 24 per cent of its GDP.
He elucidated the impact the China-Pakistan Economic Corridor (CPEC) would have on the food and agricultural industry. Importing and exporting would become much easier and allow for lower costs and higher profits. It would also strengthen the cooperation between China and Pakistan and create room for future collaborations.
China eWorldTrade Sales Head Li Tingting said, “To successfully export and import products, the supplier should go deep into the local area, understand the culture, and know what the local consumer really needs and can be exported to China in combination with importing China’s products.”
Staff Report. Agricultural products e-commerce conference concludes. Pakistan Today, October 3, 2017.