The business community of Faisalabad – the textile hub of the country – suggested to Pakistan’s outgoing envoys to Thailand, Uzbekistan and Cambodia to promote the country’s pro-business image and encourage textile exports from Pakistan. This was proposed in a meeting held with Pakistan’s outgoing ambassadors at the Faisalabad Chamber of Commerce and Industry on Wednesday.
Addressing the meeting, Ambassador designate of Pakistan to Thailand Sohail Khan said that the foreign ministry had set a unique example of sending designated ambassadors to various chambers of commerce so that they could identify the economic problems and play their role in resolving them during their posting.
He said that more than 60% of world trade was regional trade and that Pakistan must exploit the benefits of geographical proximity coupled with cultural and religious similarities.
He said information regarding duties, tariffs and non-tariff barriers, customs duties, will be provided to exporters so that they could exploit the available export potential of these countries.
“We are also conducting a joint session to sign Free Trade Agreement with Thailand,” Khan said. He asked the exporters and particularly textile exporters to exploit these markets which are readily available in our own region.
The Ambassador designate to Uzbekistan Riaz Hussain Bukhari said that the main hurdle to boosting bilateral trade was the law and order situation in Afghanistan.
Amjad Ali Sher, Ambassador designate to Cambodia said that Cambodia was a peaceful and emerging economy and Pakistani exporters could easily negotiate and initiate joint ventures in the textile sector for export and re-exports.
Published in The Express Tribune, April 11th, 2013.
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