Bilateral ties: Consul general invites businesses to Malaysia fair

Exhibition will help improve business links, boost two-way trade.

KARACHI: Consul General of Malaysia in Karachi Abu Bakar Mamat has invited members of the Karachi Chamber of Commerce and Industry (KCCI) to participate in an upcoming trade exhibition in Kuala Lumpur, which will enable them to create linkages with businessmen from around the world.

Speaking at the KCCI, Mamat said the annual trade and export exhibition, called International Trade Malaysia (Intrade) 2014, being organised by the Malaysia External Trade Development Corporation from October 20 to 22, would help enhance networking among business communities of different countries, especially those venturing into the global market.

This exhibition will provide an opportunity to the business community of Pakistan to examine Malaysian goods, improve business links with their Malaysian counterparts and explore ways of enhancing trade between the two countries.

Malaysian External Trade Development Corporation Trade Commissioner Mazlan Harun was also present in the meeting.

Commenting on bilateral trade, the consul general pointed out that Malaysia’s palm oil exports to Pakistan had dropped considerably as its share shrank from 95% to 55%.

In this regard, he asked Pakistani and Malaysian businessmen to enhance interaction in a bid to identify the challenges and give suggestions about how to further strengthen trade between the two countries.

KCCI President Abdullah Zaki, while highlighting the activities undertaken by the chamber, said the Karachi Chamber had been playing the role of a strong bridge between Pakistani businessmen and their counterparts around the world by maintaining cordial relations with international chambers and foreign embassies in Pakistan and abroad.

“The KCCI has been playing a leading role in strengthening ties with countries around the world,” he remarked.

Zaki added Pakistan and Malaysia had been enjoying good relations, but the existing bilateral trade volume should be increased.

To achieve this, he suggested frequent exchange of trade delegations and information, single-country exhibitions, seminars and conferences. “These will help improve business ties and prove favourable for the economies of the two countries.”

He also stressed the need for creating strong linkages between universities in Pakistan and Malaysia with a view to promoting education.

Published in The Express Tribune, September 20^th, 2014.

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