Published On: Sat, Dec 21st, 2013
Published in Category: Lahore

LCCI inks MoU with Alibaba.com

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LAHORE: As part of its strategy to help businesses embrace the exciting journey into the world of e-commerce, the Lahore Chamber of Commerce and Industry on Friday inked a Memorandum of Understanding (MoU) with leading global e-commerce platform Alibaba.com.

LCCI President Engineer Sohail Lashari inked the MoU on behalf of the chamber while Mr Eric Sin, Senior Development Manager Global Suppliers Development, represented Alibaba.com.

The Memorandum of Understanding will serve all LCCI members besides facilitating and increasing international trade using e-commerce.

Through this collaboration, members of the Lahore Chamber of Commerce and Industry will have an opportunity to create a virtual catalogue of their products free of charge. This will give them maximum global exposure and allow them to expand and manage their business.

LCCI President Engineer Sohail Lashari said “The new liaison will generate an exciting and innovative opportunity for the chamber’s members to trade with a global client base.

“For the first time, the Lahore chamber will leverage Alibaba.com’s platform to offer businesses a unique opportunity to create new market prospects and to sell their products and services to businesses worldwide. This is a giant leap that will open doors to new markets for our members,” the LCCI president said.

Alibaba.com has 36 million registered users from more than 240 countries and regions and showcases 2.8 million supplier storefronts.

Mr Eric Sin, Senior Development Manager Global Suppliers Development for Alibaba.com, said: “We believe the future of e-commerce is very strong. We are pleased to work with the Lahore Chamber of Commerce and Industry to bring our proven e-commerce platform to their members, giving businesses the opportunity to trade with the world.”
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