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Shareholder of German seat specialist rejects Chinese bid

On May 29, the German supplier of components for passenger car interiors and seating systems announced it had concluded a comprehensive Business Combination Agreement with a major Chinese automotive Group, but a controlling shareholder has since declared the offer as insufficient.


Pakistan tanners look to export more to Turkey

The Turkish Commercial Attaché to Pakistan, Murat Mustu, said on November 18 that the 6th round of talks for signing Preferential Trade Agreement between Pakistan and Turkey will be concluded at the next meeting. Speaking at a meeting of the Pakistan Tanners Association (PTA), he said that the final 7th round of talks would be held soon.