Enhancing ties: Pakistan, Kenya look to explore trade potential

Joint Ministerial Commission to be held in Islamabad to discuss economic policies

FAISALABAD: The Joint Ministerial Commission of Pakistan and Kenya will be held in Islamabad in December this year to discuss futuristic economic policies to fully exploit the trade potential of the two countries.

Addressing members of the Faisalabad Chamber of Commerce and Industry (FCCI), High Commissioner of Kenya Professor Julius Kibet Bitok said that the private sector and business community of the two countries have to play their role in enhancing bilateral trade and the Kenyan High Commission was ready to extend full support to potential investors.

He said that Free Trade Agreement (FTA) was the best tool to resolve duty-related issues; hence both counties should start negotiations.

The Kenyan official said that they are also organising a trade and investment conference in Kenya, with a view to promote business opportunities. He invited FCCI members to attend this conference, assuring of his support to ink MoUs with the National Chamber of Commerce and Industry Kenya.

FCCI President Chaudhary Muhammad Nawaz said that Pakistan and Kenya enjoy good economic as well as diplomatic relations as nearly 2,000 Pakistanis are settled in Kenya and are also contributing to the overall development of the country.

Talking about bilateral trade, FCCI executive member Ahmed Hasan said relations between the two countries are based on mutual cooperation, which is growing with the passage of time.

Published in The Express Tribune, September 1^st, 2016.

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