Pakistan

Pakistan, Australia: New method adopted to boost trade

The LCCI delegation also met with Chief Whip in New South Wales Parliament

Our Correspondent February 17, 2017

“It is the responsibility of the government to register businesses whereas the already registered ones are constantly penalised for being in the tax net,” he said PHOTO: FILE

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and Pakistan Consulate in Sydney will adopt new methodology to expedite the volume of two-way trade. This was agreed during a meeting between LCCI President Abdul Basit and Pakistan Consul General in Sydney Abdul Majid Yousafani. According to the new method, the Consulate would share available business opportunities with both sides to facilitate joint ventures between Pakistan and Australia. Both sides also agreed that the existing volume of two way trade is very small compared to their respective potentials. The LCCI delegation also met with Chief Whip in New South Wales Parliament. The Australian Parliamentarian appreciated the LCCI and promised to approve necessary legislation to promote bilateral trade.

Published in The Express Tribune, February 18^th, 2017.

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