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Home Business

FPCCI, PBPC agree to promote investment, development of trade to Arab markets

Daily Dateline Islamabad by Daily Dateline Islamabad
September 14, 2022
in Business
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FPCCI, PBPC agree to promote investment,  development of trade to Arab markets
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ISLAMABAD: FPCCI & Pakistan Business Professional Council Abu Dhabi agree to promote investment in Pakistan and the development of trade work for access of Pakistani products to Arab markets. Underlined the need for exchange of trade delegations, holding of B2B meetings, trade exhibitions, business forums, etc. they emphasized enhancement and strengthening contacts.
DR. S. QAISER ANIS, President, Pakistan Business Professional Council Abu Dhabi visited FPCCI Capital Office Islamabad for a meeting with Amin Ullah Baig Vice President FPCCI & Incharge Capital Office, Mirza Abdul Rehman Chairman Coordination FPCCI.
Qurban Ali, Former Vice President FPCCI. Abid Khan, Chairman United Group Islamabad Chamber, Muhammad Zahid Patiala, Senior Vice President Mandhi Bahouddin Chamber, Rahat Jabeen, EC Member Rawalpindi Women Chamber and others were also present on this occasion.
Amin Ullah Baig, Vice President of FPCCI & Incharge Capital Office, further highlighted various potential areas for investment in Pakistan and urged accelerated efforts for the activation of trade and economic promotional activities through Pakistan Business Professional Council Abu Dhabi UAE and said that Both countries have great scope to promote trade in many areas. Pakistan has strong strategic, diplomatic, and economic relations with UAE. Immense economic activities had been generated in Pakistan via CPEC.
He proposed that UAE investors could take benefit of the geo-economic package for investors under the umbrella of CPEC. He underlined the need for intensifying cooperation for tapping the potential for mutual benefit through interaction between business communities from both counties. He said that there was scope for increasing bilateral trade in various sectors.
He said that Gilgit Baltistan Region, KPK, Punjab, Sindh, province of Pakistan & Azad Jammu Kashmir have great opportunities for the exchange of tourism. UAE Investors have to visit Pakistan and avail the opportunity of the CPEC project, Tourism, Hoteling, Hydro, Construction, Infrastructure Development, and other Sectors.
Mirza Abdul Rehman Chairman Coordinator FPCCI also emphasized the enhancement of bilateral trades and investment. Pakistan’s huge natural resources can be utilized for the enhancement of bilateral trade relations.
He also informed that there is huge potential in rice, textile, seafood, sports goods, and agro-based products and there is a need for direct interaction between the traders of both countries in these commodities.
He further said that in the scenario of CPEC, Pakistan has become an emerging market and favorable investment destination in the world. There is room for further investment in various sectors which should be jointly explored.
Qurban Ali, Former Vice President FPCCI Said that Pakistan is geographical and strategically has an important position in the region and has vast opportunities in the sectors of manufacturing, textile, IT, Mine & Minerals, Gems Stone, Hydro Power, Tourism, Construction, and other relevant industry and trade sectors for Investment. Pakistan is rich in natural resources, and to utilize these resources, the interest of investors is very keenly increasing.
DR. S. QAISER ANIS, President of Pakistan Business Professional Council Abu Dhabi, UAE urged the business community of Pakistan to enhancement Business and Trade and said that PBPC wanted to see Pakistan as a growing economy Pakistan has lots of potential for speedy economic growth that should be highlighted more effectively to attract foreign investors. Pakistan can utilize UAE Investor’s experiences in the sector of tourism in near future.-NNI

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