26.9 C
Karachi
Friday, March 29, 2024
- Advertisement -
 

Foreign diplomats shows interest in escalating trade activities with Pakistan

TOP NEWS

LAHORE: Pakistan can benefit in many ways due to its most exceptional geographical locations, which makes Pakistan a major entrance to the power & energy affluent Central Asian Republics while sharing borders with economic giants such as China, stated the Lahore Chamber of Commerce and Industry (LCCI) President Almas Hyder.

LCCI president, Hyder also emphasized on the fact while addressing a 27-member delegation, including foreign diplomats from West Africa, Azerbaijan, Iraq and many other countries, that Pakistan offers an express link to the Central Asian Republics and China. Also, Pakistan is expected to turn into the trade and energy corridor to these countries in near future.

He also expressed that the Belt and Road proposal has already initiated the basis for a better trade, and CPEC is the leading stone towards the transformation of this dream into veracity.

He also highlighted, that “Pakistan is a country with prosperous and miscellaneous economic base. Its economic actions range from agriculture-based raw material to aircraft manufacturing.”

In response to a query, a diplomat from Azerbaijan said that the illustration of Pakistan is very superior in Azerbaijan, and it is mainly due to the efforts of the ambassadors & function of embassies of both countries.

Hyder, cherished that Pakistan’s economy has demonstrated itself as one of the most elastic economies globally. Regardless of numerous challenges, Pakistan is trying its level best to utilize the enormous prospective accessible in various segments of the economy.

A diplomat from Kenya expressed his point of view for Pakistan, insisting that Pakistan shall take complete benefit of Free Africa Trade Agreement. Furthermore, he also showed interest to initiate business activities in Pakistan.

Welcoming his interest for business related activities with Pakistan, the LCCI president encouraged him to sign MoU with the organization.

Furthermore, LCCI president stated that Pakistan is geared up to export skilled farmers to various countries.

However, Kyrgyzstan’s delegate also emphasize that there are various numerous sectors in their country for Pakistani investors.

He also said, “We should work together to augment trade volume between the two countries.”

- Advertisement -
- Advertisement -
 

POLL

Will the PML-N led govt be able to steer Pakistan out of economic crisis?

- Advertisement -
 

MORE STORIES