Foreign diplomats express interest in expanding trade
Pakistan can provide shortest link to Central Asian Republics, China: LCCI
Pakistan can provide shortest link to Central Asian Republics, China: LCCI. PHOTO: FILE
LAHORE:
Pakistan enjoys one of the most unique geographical locations, which makes this country a principal gateway to the energy rich Central Asian Republics while sharing borders with economic giants like China, said the Lahore Chamber of Commerce and Industry (LCCI) President Almas Hyder.
Addressing a 27-member delegation, consisting of foreign diplomats from West Africa, Azerbaijan, Iraq and various other countries, Hyder lauded that Pakistan provides the shortest link to the Central Asian Republics and China and is “certain to become the trade and energy corridor to these countries in near future”.
He said that the Belt and Road Initiative has already laid the foundations for it and CPEC is all set to transform this dream into reality.
Officials call for regular interaction between trade bodies and prime minister
“Pakistan has a rich and diverse economic base,” the LCCI president emphasised. “Its economic activities range from agriculture-based raw material to aircraft manufacturing.”
He appreciated that the country’s economy has proved itself to be one of the most resilient economies globally. Despite challenges, it is doing level best to exploit the immense potential abundantly available in almost all sectors of the economy, said Hyder. Responding to a query, a diplomat from Azerbaijan said that the image of Pakistan is very good in Azerbaijan and the credit goes to the ambassadors of both sides and the effective role of embassies.
A diplomat from Kenya was of the view that Pakistan should take full advantage of Free Africa Trade Agreement and expressed interest to do business in Pakistan.
Trade deficit narrows to $8.9b in first quarter
Appreciating his interest, the LCCI president invited him to sign MoU with the organisation. He said that Pakistan is ready to export experienced farmers to many countries. Kyrgyzstan’s representative highlighted that there are a lot of sectors in their country for the Pakistani investors. “We should work to enhance trade volume between the two countries,” he said.
Published in The Express Tribune, November 25th, 2018.
Pakistan enjoys one of the most unique geographical locations, which makes this country a principal gateway to the energy rich Central Asian Republics while sharing borders with economic giants like China, said the Lahore Chamber of Commerce and Industry (LCCI) President Almas Hyder.
Addressing a 27-member delegation, consisting of foreign diplomats from West Africa, Azerbaijan, Iraq and various other countries, Hyder lauded that Pakistan provides the shortest link to the Central Asian Republics and China and is “certain to become the trade and energy corridor to these countries in near future”.
He said that the Belt and Road Initiative has already laid the foundations for it and CPEC is all set to transform this dream into reality.
Officials call for regular interaction between trade bodies and prime minister
“Pakistan has a rich and diverse economic base,” the LCCI president emphasised. “Its economic activities range from agriculture-based raw material to aircraft manufacturing.”
He appreciated that the country’s economy has proved itself to be one of the most resilient economies globally. Despite challenges, it is doing level best to exploit the immense potential abundantly available in almost all sectors of the economy, said Hyder. Responding to a query, a diplomat from Azerbaijan said that the image of Pakistan is very good in Azerbaijan and the credit goes to the ambassadors of both sides and the effective role of embassies.
A diplomat from Kenya was of the view that Pakistan should take full advantage of Free Africa Trade Agreement and expressed interest to do business in Pakistan.
Trade deficit narrows to $8.9b in first quarter
Appreciating his interest, the LCCI president invited him to sign MoU with the organisation. He said that Pakistan is ready to export experienced farmers to many countries. Kyrgyzstan’s representative highlighted that there are a lot of sectors in their country for the Pakistani investors. “We should work to enhance trade volume between the two countries,” he said.
Published in The Express Tribune, November 25th, 2018.