Rawalpindi Chamber Of Commerce And Industry Hold Conference In Belgium To Boost Trade, Improve Country's Image

Rawalpindi Chamber of Commerce and Industry (RCCI) held a business opportunity conference in Brussels on Tuesday

ISLAMABAD,(UrduPoint / Pakistan Point News - 8th May, 2018 ) :Rawalpindi Chamber of Commerce and Industry (RCCI) held a business opportunity conference in Brussels on Tuesday. RCCI President, Zahid Latif Khan addressing to conference said that the aim of the conference was to promote Pakistan's soft image apart from improving the trade relations between the two countries, said a press release received here.

He said that RCCI being the third largest chamber in Pakistan had become voice of Pakistani business community all over the world. Keeping in view the vital role of women in development of any country, RCCI had also introduced incubation centre for businesses being run by women, he added.

Pakistan's Ambassador to Belgium, the European Union and Luxembourg, Mrs. Naghmana Alamgir Hashmi welcomed the delegates and highlighted the huge potential of trade and investment between Pakistan and Belgium.

She said that Belgium being Pakistan's 10th�largest export destination worldwide and 7th in Europe with a share of 3.10 of trade in the financial year 2016-2017 remained highly important for Pakistani business Community.

She pointed out that since 2013 bilateral trade between the two countries had increased by 38.07 percent. A Memorandum of Understanding was signed between the Rawalpindi Chamber of Commerce and Industry and Brussels Enterprises Commerce and Industry with a view to bring business community of two countries closer and promote trade and commerce among them.

Member European Parliament, Amjad Bashir appreciated Pakistani diaspora for running successful businesses in the UK and Europe. He added that by living in Europe they had huge advantage to invest in the country of their origin.

He also pointed out that Geo strategic location of Belgium was a huge advantage for trade and commerce between Pakistan and European countries. Presentations were also made by the President Pakistan- Belgian Business Forum Mr.

Paul Scheynen,Secretary General of Brussels Enterprises Commerce and Industry (BECI) Mr. Jan De Brabanter, President World Federation of Investors Mr. Jean- Pierre Paelinck Director Trade Walloonia Exports and Investment Agency (AWEX) Ms.

Isabelleand Mr.Shimail Daud Arain of Maryam Memorial Hospital, covering various aspects of business and investment potential between the two countries. Two documentaries on Pakistan and its business potential were also screened on the occasion.

Belgium is an important trading partner for Pakistan in Europe, as it follows the common Trade Policy adopted by the European Union. The grant of GSP+ status to Pakistan by the EU allows zero tariffs concession on 66% of Pakistan's products in the member countries of European Union including Belgium.