Arab-Pakistan Business Forum being planned

Platform will provide opportunities of joint ventures and investment

KARACHI:

The Arab-Pakistan Business Forum and Exhibition would provide an opportunity to private sectors of both sides to interact and explore avenues of joint ventures and investment in the areas of interest, said Palestine’s United Exhibitions and Conferences CEO Haityam Yakhluf.

During an online meeting with Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Yasir Ilyas Khan, both sides discussed the possibility of holding the first Arab-Pakistan Business Forum and Exhibition in Pakistan in September or October this year for promoting trade and investment relations between the two sides.

Yakhluf highlighted that about 100 Arab businessmen and businesswomen had shown keen interest in attending the Arab-Pakistan Business Forum in addition to about 50 participants in the exhibition. He said that his company was also interested in promoting Pakistan’s investment in Arab countries including Palestine.

Speaking on the occasion, the ICCI chief welcomed the proposal from the Palestinian company to organise the business forum in Pakistan in collaboration with the ICCI and assured him of support to make it a successful event.

Khan said that Pakistan was a diversified economy with great potential for promoting trade and investment relations with the Arab countries and hoped that the forum would be a right step towards transforming the potential opportunities into reality.

He highlighted textile, rice, fruits and vegetables, oil and gas, construction and real estate, cement, IT, pharmaceutical, leather, sports, electronics and light engineering as potential sectors for collaboration between Pakistan and the Arab countries for trade, joint ventures and investment.

Published in The Express Tribune, April 28^th, 2021.

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