Syria Wants Stronger Trade, Economic Ties With Pakistan: Envoy
Sumaira FH Published January 26, 2022 | 08:21 PM
Ambassador of Syria to Pakistan, Dr. Mazen Obeid said that his country wanted stronger trade and economic ties with Pakistan as both countries have good potential to enhance cooperation in many fields for their mutual benefit
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th Jan, 2022 ) :Ambassador of Syria to Pakistan, Dr. Mazen Obeid said that his country wanted stronger trade and economic ties with Pakistan as both countries have good potential to enhance cooperation in many fields for their mutual benefit.
He said this while addressing business community during his visit to Islamabad Chamber of Commerce and Industry (ICCI), said a press release issued here.
He said that Syria and Pakistan had signed MoUs for Joint Working Group and education and it was important to move forward on these initiative to further strengthen bilateral cooperation.
He underlined the need of creating a Pak-Syria Business Council to promote business relations between the two countries.
He said that PIA has started two weekly flights to Syria and hoped that it would help improve trade between the two countries.
He stressed that the private sectors of both countries should participate in each other's exhibitions to explore new avenues of business collaboration.
Dr. Mazen Obeid said that due to armed conflict for over a decade, Syria was now in the rebuilding phase and it was a good opportunity for Pakistan to play a role in its reconstruction.
He said that Pakistan could provide many products to Syria including raw material of medicines, surgical instruments, food products, IT products and service and solar panels to overcome power shortage.
He was thankful to Pakistan for sending medical aid last year to Syria and added that Syria would always welcome any kind of support from Pakistan to cope with its conflict-created challenges.
Speaking at the occasion, Muhammad Shakeel Munir, President, ICCI said that the business community of Pakistan was ready to contribute for reducing economic difficulties of Syrian people.
He said that many products of Pakistan including marble and granite, pharmaceuticals, leather goods, food products, steel, cement, IT, light engineering could find a good market in Syria and it should import these products from Pakistan.
He also discussed various issues relating to exploring and activating venues of bilateral cooperation in commerce and economic fields.
He termed the resumption of direct flights between Pakistan and Syria by PIA an important step towards activating bilateral trade and encouraging exchange of business delegations in order to explore all untapped areas of mutual cooperation.
He assured that ICCI was ready to work with the Syrian Embassy to further improve trade and economic relations between Pakistan and Syria.
Mian Akram Farid, Chairman, Founder Group said that Pakistan and Syria have good potential to enhance cooperation in tourism, health, SMEs and other sectors.
He stressed that both countries should focus on joint ventures, investment projects, commercial deals, and organizing exhibitions to further improve business relations.
Jamshaid Akhtar Sheikh Senior Vice President and Muhammad Faheem Khan Vice President also gave many useful proposals to boost trade ties between both countries. Saeed Khan, Ali Akram Khan, Hamayun Kabir, Sheikh Ejaz, Akhtar Hussain, Muhammad Shabir, Khalid Chaudhry and others were also present at the occasion.
Related Topics
Recent Stories
Saka and Odegaard start for Arsenal, Guerreiro in Bayern midfield
Qatar PM says re-evaluating Israel-Hamas mediation role
Govt spokesperson terms allegations of PTI's Marwat against Saudi Arabia 'heinou ..
Minister appreciate UAE’s support for Pakistan economic challenges
Manchester City v Real Madrid Champions League starting line-ups
MIGA's support Pakistan in attracting foreign investments: Federal Minister for ..
Walker returns to captain Man City for Real Madrid clash
Action taken against price list violations in Khanewal district
DC chairs review meeting of DEG
Turkey accuses Israel's Netanyahu of using war 'to stay in power'
Pakistan ranked 5th most vulnerable country to climate change. Tirmizi
Nadal comeback ends in Barcelona Open second round
More Stories From Business
-
Minister appreciate UAE’s support for Pakistan economic challenges
7 hours ago -
MIGA's support Pakistan in attracting foreign investments: Federal Minister for Finance, Muhammad Au ..
7 hours ago -
International financial partners to invest $1.8 bln in KP: Advisor
8 hours ago -
Uzbek envoy invites FPCCI leadership to attend Tashkent Int'l Investment forum
9 hours ago -
Women development imperative for sustainable economic prosperity: Lansana Wonneh
9 hours ago -
Finance Minister, highlights geo-economic fragmentation, its impact on Pakistan
9 hours ago
-
High Tobacco tax prevails over propaganda, reduces cigarette consumption
10 hours ago -
SECP grants registration to first digital insurer
10 hours ago -
European stock markets rebound after heavy losses
10 hours ago -
SECP files complaint against two individuals on violation of trading
10 hours ago -
Govt prioritize to peruse economic reform agenda for sustainable economic development: Minister
10 hours ago -
IMF says global debt levels face 'Great Election Year' risk
11 hours ago