Pak-Palestine Urged For Cooperating With Private Sector To Enhance Bilateral Trade
Umer Jamshaid 1 month ago Thu 04th March 2021 | 06:20 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 4th Mar, 2021 ) :Islamabad Chamber of Commerce and Industry (ICCI) on Thursday urged the governments of Pakistan and Palestine to cooperate with private sectors for promoting trade and investment relations between two brotherly countries.
It said that as their current volume of bilateral trade was quite negligible compared to the actual potential of both countries.
Addressing a zoom meeting organized by the Embassy of Palestine to explore trade and investment opportunities between Pakistan and Palestine, President ICCI Sardar Yasir Ilyas Khan said that many Pakistani products including Basmati rice, pharmaceuticals, IT, sports goods, textiles, marble products and others could find good market in Palestine.
He emphasized that strong business linkages between the private sectors of both countries were important to explore all untapped areas for promoting trade and investment on reciprocal basis. ICCI members Nasir Qureshi and Fazal-e-Hanan briefed the Palestinian side about the state-of-the-art manufacturing capabilities of Pakistani pharmaceuticals companies that were exporting their quality products around the world. Karim Aziz Malik former Senior Vice President ICCI apprized the Palestinian side about the high quality Basmati rice of Pakistan that was being exported to around 28 countries including Japan.
Ahmed Rabei, Ambassador of Palestine welcomed the participants to the zoom meeting and said that it was the best time to explore the opportunities for promoting trade and investment relations between Palestine and Pakistan.
Khalid Mosleh of the Federation of Palestine Chambers of Commerce and Industry stressed that all possible channels of trade should be explored to enhance bilateral trade between Palestine and Pakistan.
He said that both countries should focus on exchange of trade delegations and participation in each other's exhibition for promotion of bilateral trade and investment.
Engineer Barraq Jumma Director Projects Ministry of Health of Palestine and Dr. Ezz El Din Abu Aqrqoub Director General International Cooperation Ministry of Agriculture of Palestine showed interest to enhance cooperation with Pakistan in agriculture and health sectors.