Malaysian PM’s visit to open avenues 

Tour would help consolidate confidence on Malaysian investors in Pakistan’s market potential


APP March 22, 2019
Malaysian PM Dr Mahatir bin Mohamad arrives in Islamabad. PHOTO: PTI

ISLAMABAD: The visit of Malaysian prime minister to Pakistan will open new avenues of economic development, besides further boosting bilateral trade, said Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq on Thursday. He said the tour would help consolidate confidence on Malaysian investors in Pakistan’s market potential, adding that the investment policy of the country was one of the most liberal in the region. The chief executive remarked that a number of businessmen are also part of the delegation and the council will hold meetings with them to chalk out plans of bilateral interest sectors. He said Pakistan’s balance of trade with Malaysia historically was in favour of the latter and to overcome the trading imbalance, there was a need for diversifying trading products. He said the PFC would play its role for boosting local furniture sector and in this regard, it would dispatch delegations to Malaysia, Indonesia, Philippines and Vietnam to explore new vistas of trade.

Published in The Express Tribune, March 22nd, 2019.

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