FPCCI For Enhancing Economic, Trade Ties With Lebanon

ISLAMABAD, (UrduPoint / Pakistan Point News - 16th Dec, 2016 ) : President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Abdul Rauf Alam has asked the business community to explore untapped trade potential of Lebanese market.

He said additional steps were needed to promote greater economic cooperation, which will bring masses of the two countries closer, said in statement issued by FPCCI here on Friday. Abdul Rauf Alam said this while speaking to Ambassador of Lebanon to Pakistan, Ms Mona El Tannir.

The meeting was attended by leading businessmen who discussed ways and means to promote greater trade relations between the two countries. Abdul Rauf Alam briefed the Ambassador about the functions of trade bodies in Pakistan and invited Lebanese businessmen to visit and hold single country exhibition in Pakistan.

The president FPCCI was of the opinion that enormous potential for bilateral trade was available. However, both countries could not tap unexplored potential so far. On the occasion, Mona El Tannir said that her country was known for production of olives and olive oil.

She said that Pakistan was importing olives, generators and some other items from Lebanon but the bilateral trade can be improved. She said that Pakistani textiles, rice, handicrafts, and carpets are very popular in her country while the tourism sector of Lebanon offers various opportunities.