Pakistan-Brazil Trade Picks Up: Brazilian CG
Faizan Hashmi Published November 15, 2018 | 12:36 AM
Trade between Pakistan and Brazil had picked up pace but more concrete steps were needed to further strengthen the ties between the two countries, especially the business communities of Karachi and Brazil, said Honarary Consul of Brazil Omer Jaffer.
Speaking at a meeting during his visit to Karachi Chamber of Commerce and Industry (KCCI), the Brazilian diplomat requested Karachi Chamber to assist for enhancement of investment on both sides, said a press release issued here on Wednesday.
He said that Brazil, being the 8th largest economy in the world and the largest in Latin America with GDP of around $3 trillion, offers a lot to Pakistan.
He said that Brazil was ready to cooperate and assist the Pakistani business community but as the trade volume was largely in favor of Brazil. Therefore, the business community of Karachi would had to take interest in the Brazilian market and explore avenues for enhancing bilateral trade.
While extending full support and cooperation to KCCI members interested in exploring the Brazilian market, the diplomat said that details of all the events taking place in Brazil would be shared with KCCI with a view to encourage maximum participation of the business community of Karachi in these events.
He also agreed to a suggestion that travel facilities would had to enhance not only to facilitate the business community but Pakistani tourists as Brazil offers abundant tourism opportunities.
Prominent on KCCI side were Acting President KCCI Khurram Shahzad, Vice President KCCI Asif Sheikh Javaid, Chairman KCCI Diplomatic Missions and Embassies Liaison Sub-Committee Shamoon Zaki and KCCI Managing Committee members.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Business
-
Finance minister reviews progress on FBR digitalization
4 hours ago -
US stocks rebound on tech earnings, London hits new record
4 hours ago -
US approves gene therapy treatment for hemophilia
4 hours ago -
KATI president for inclusion of agri sector in tax net
4 hours ago -
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-level delegation’s v ..
6 hours ago -
Police to take every step for security of business community: IGP
6 hours ago
-
WB director, Planning minister discuss reforms in development projects
6 hours ago -
IP rights crucial in achieving SDG : Jam Kamal
7 hours ago -
FBR’s data protection efforts commended by OECD assessment team
7 hours ago -
US stocks rebound on tech earnings, London hits new record
8 hours ago -
SECP-IFSB workshop highlights Pakistan's progress in Islamic Finance Development
8 hours ago -
SBP to announce monetary policy on April 29
8 hours ago