General factors of taking into consideration
The initiative of exporting goods and services to foreign countries includes two distinct advantages. Not only does exporting avoid the often substantial cost of establishing manufacturing operations in the host country, but also it may help a company achieve experience curve effects and location economies.
Two interrelated sets of factors can be identified, one dealing with the gap between two local economies and the other associated with the ownership. The locational advantages increase the market potential and reduce investment risk. The experience curves express the relationship between efficiency gains and investment in the effort and this is very crucial important for the exporter. Moreover, the product differentiation strategy, which can be followed in order to attract customers, is the ability to be developed before entering into the foreign markets. The other factor is the ownership advantages, which are to reduce the substantial cost of establishing manufacturing operation in the host country. The low levels of ownership advantages ensure entering the foreign markets through low-risk modes.
Exporting allows managers to exercise operation control but does not provide them with the option to exercise as much local market. An exporter usually resides far from the end consumer and does not manage the local economy.
What we do
Greece Pakistan trade in goods and services is likely to grow in the future. The Greek-Pakistani Chamber of Commerce and Industry is in an advanced stage of linking trade opportunities between these two countries. Most development plans have been formulated and carried out within the framework of mixed economies of these countries. These economies are characterized by the existence of institution setting in which some of the productive resources are privately owned and operated and some are controlled by public sector.
