Seminar on "Business to Business (B2B) Barter Trade Mechanism."

• 03 Aug 2023

Gwadar Chamber of Commerce and Industry (GCCI), in collaboration with Gwadar Customs Collectorate, successfully organized an enlightening seminar on "Business to Business (B2B) Barter Trade Mechanism." The event witnessed the esteemed presence of Additional Collector Customs Gwadar, Mr. Shahid Ali, Deputy Collector Mr. Wahaj Sageer, and Assistant Collector Mr. Bakth Baryar. The seminar was attended by customs agents, border traders, and merchants from Panjgur and Mand, along with members of the GCCI executive committee. Assistant Collector Bakth Baryar presented a comprehensive overview of the significance of B2B Barter Trade Mechanism, highlighting its crucial role in promoting regional economic development. He shed light on the importance of B2B trade in strengthening trade ties with neighboring countries like Iran and Afghanistan, paving the way for further growth in exports and imports.

GCCI President, Mr. Shams Ul Haq Kalmati, expressed his optimism about the potential of B2B trade in boosting the economies of border regions. He emphasized that this trade mechanism would not only create employment opportunities for the people of these areas but also contribute to increased national exports and imports, particularly with neighboring countries. Mr. Kalmati hailed the collaboration between GCCI and Customs for organizing such a successful seminar, which brought together stakeholders from various sectors to explore new trade avenues.

The seminar concluded with participants expressing their eagerness to tap into the opportunities presented by B2B Barter Trade Mechanism, with the hope that it would bring substantial economic benefits to the border communities and further augment the nation's international trade.