Trade Development Authority (Pakistan)

The Trade Development Of Pakistan (TDAP)

The Trade Development Authority of Pakistan (TDAP), which was established on November 8, 2006, under a Presidential Ordinance, shall have the Ministry of Commerce as its administrative ministry. TDAP is the successor organization to the Export Promotion Bureau (EPB) and is mandated to have a holistic view of global trade development rather than only the ‘export promotion’ perspective of its predecessor. Designated as the premier trade organization of the country, TDAP shall be a dedicated, effective, and an empowered organization, which shall be professionally managed. Trade Development Authority of Pakistan (TDAP), previously known as the Export Promotion Bureau (EPB) is the apex agency of the Government of Pakistan engaged in the promotion and growth of the country's exports. It was established in 1963 as an attached department of the Ministry of Commerce.

EPB has its headquarters in Karachi with 14 regional offices all over the country. The regional offices mostly perform facilitation and regulatory functions as well as providing supply side and marketing assistance to the exporters.

Pakistan

Coordinates: 30°N 70°E / 30°N 70°E / 30; 70

Pakistan (ⁱ/ˈpækᵻstæn/ or ⁱ/pɑːkiˈstɑːn/; Urdu: پاكستان‎ ALA-LC: Pākistān, pronounced [pɑːkɪst̪ɑːn]), officially the Islamic Republic of Pakistan (Urdu: اسلامی جمہوریۂ پاكستان‎ ALA-LC: Islāmī Jumhūriyah Pākistān IPA: [ɪslɑːmiː d͡ʒʊmɦuːriəɪh pɑːkɪst̪ɑːn]), is a country in South Asia. It is the sixth-most populous country with a population exceeding 199 million people. It is the 36th largest country in the world in terms of area with an area covering 881,913 km² (340,509 sq mi). Pakistan has a 1,046-kilometre (650 mi) coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by India to the east, Afghanistan to the west, Iran to the southwest and China in the far northeast respectively. It is separated from Tajikistan by Afghanistan's narrow Wakhan Corridor in the north, and also shares a maritime border with Oman.

The territory that now constitutes Pakistan was previously home to several ancient cultures, including the Mehrgarh of the Neolithic and the Bronze Age Indus Valley Civilisation, and was later home to kingdoms ruled by people of different faiths and cultures, including Hindus, Indo-Greeks, Muslims, Turco-Mongols, Afghans and Sikhs. The area has been ruled by numerous empires and dynasties, including the Indian Mauryan Empire, the Persian Achaemenid Empire, Alexander of Macedonia, the Arab Umayyad Caliphate, the Mongol Empire, the Mughal Empire, the Durrani Empire, the Sikh Empire and the British Empire. As a result of the Pakistan Movement led by Muhammad Ali Jinnah and the subcontinent's struggle for independence, Pakistan was created in 1947 as an independent nation for Muslims from the regions in the east and west of the Subcontinent where there was a Muslim majority. Initially a dominion, Pakistan adopted a new constitution in 1956, becoming an Islamic republic. A civil war in 1971 resulted in the secession of East Pakistan as the new country of Bangladesh.

Trade

Trade involves the transfer of the ownership of goods or services from one person or entity to another in exchange for other goods or services or for money. Possible synonyms of "trade" include "commerce" and "financial transaction". A network that allows trade is called a market.

The original form of trade, barter, saw the direct exchange of goods and services for other goods and services. Barter is trading things without the use of money. Later one side of the barter started to involve precious metals, which gained symbolic as well as practical importance. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade.

Trade exists due to the specialization and division of labor, in which most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions may have a comparative advantage (perceived or real) in the production of some trade-able commodity, or because different regions' size may encourage mass production. As such, trade at market prices between locations can benefit both locations.

Development

Development or developing may refer to:

Land use

Science and technology

Authority

The word authority (derived from the Latin word auctoritas) can be used to mean the right to exercise power given by the State (in the form of government, judges, police officers, etc.), or by academic knowledge of an area (someone can be an authority on a subject).

When the word Authority is used in the name of an organization, this name usually refers to the governing body upon which such authority is vested; for example, the Puerto Rico Electric Power Authority or the Massachusetts Bay Transportation Authority. It is also the right to do something.

In various settings

Government

In government, the term authority is often used interchangeably with power. However, their meanings differ: while power is defined as "the ability to influence somebody to do something that he/she would not have done", authority refers to a claim of legitimacy, the justification and right to exercise that power. For example, while a mob has the power to punish a criminal, for example by lynching, people who believe in the rule of law consider that only a court of law has the authority to punish a criminal legally as the law says.