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PAKISTAN

Resources and How it Affects Imports/Exports - Laasya

Needs and Wants - Laasya

- Only import more factory based products as they have a large array of agricultural products

_ they export a lot of cotton and cotton based products like clothing

- This changes which countries they trade with

- Mostly agricultural economy (Cotton, Fishery, Forestry)

- World's 4th largest producer of milk

- Harvest 1 million fish yearly

- They need crude oil, petroleum oil, soy beans, coal, iron, steel and cars

Countries They Trade With - Laasya

- The top export country is United states with 3.5 billion and the top import country is China with 15.2 billion

- Pakistan’s top exports include house linens, men’s suits, rice, pure cotton and women’s suits

- The top imports are the same as previously mentioned. This includes refined petroleum, crude petroleum, palm oil, petroleum gas and cars

- All in all China could be seen as their main trading partner

Agreements and Organizations - Laasya

- Pakistan has a bilateral investment treaty with over 45 countries

- Member of the Multilateral Investment Guarantee Agency

- Double taxation with several countries

- Free trade with Malaysia, China, Sri Lanka

- Canada is apart of the NAFTA deal

Noble Partnerships - Myesha

Major Industries - Myesha

- China is the biggest trading partner of Pakistan

- They export cotton as well as leather and garments while China exports oils, gasoline and major car parts

- Pakistan, Indonesia and Turkey are all great alliances

- The three countries with the biggest muslim-populations who follow the religion of Islam.

Gender Roles - Myesha

- Traditionally, most women and mothers are likely to stay at home

- Some women may have higher education than men

- Women can also have successful jobs

- Women also have the same rights to vote and receive an education as men

- Men usually work from an early age

- After marriage, women will move into the man’s house

- Cotton production in Pakistan

- Considered the most important segment in the Pakistan Textile Industry

- Fourth largest producer of cotton in the world

Ethics and Values - Myesha

- Family is very important

- Diversity and respect for others

- Any sort of alcohol or do drugs as it is unlawful and makes it difficult to differentiate between right and wrong

- Any sort of permanent tattoo is also forbidden

- Eating any sort of pork/pig/gelatin is also forbidden - considered impure

Specific Examples of a Business That Had to Make Modifications to Products - Zoha

Modifications to Goods and Services Sold in the Country - Zoha

Popular Foods and Customs - Zoha

Barrier to Conducting Business with this Country - Zoha

Cultural Aspects - Komal

Handicrafts:

-Embroidery

-Woodwork

-Carpet work

-Glazed pottery

Sports:

-Cricket

-Wrestling

-Hockey

-Squash

-Football

Festivals:

-Eid al-Fitr

-Eid al-Adha

-Fridays are a Muslim holiday (everything is closed)

-Pakistan Independence Day

Religion:

- Islam is practiced by all Pakistanis

- Different types of Muslims such as Ahmadi, Sunni and Shia

Language:

- Many languages are spoken in Pakistan such as Punjabi, Sindhi, Pashto but Urdu is the official language and is understood in all parts of Pakistan

Dress:

- Have changed since the olden days because of money and traditions

- Traditional dress is shalwar kameez

Arts:

- The Shah Jahan Mosque

- Shows the different patterns, geometrical figures and floral designs

Cultural Aspects - Komal

Family:

- Bonds are very strong

- Family comes first due to religious, cultural, economic and social values

Hospitable:

- Very welcoming to tourists and visitors

- Religious beliefs are to show love and respect to guests

Marriage:

- Essential contract between two families (arranged marriage)

- In Pakistan, the youth are brought up to think love will form within a marriage

- Usually the woman gets married before the age of twenty

- Dowry is a necessary part of a wedding