Prime Minister Shaukat Aziz on Sunday said that the Early Harvest Programme, Pakistan and Malaysia signed on Saturday, will give incentives to their exporters to increase trade and do more business with each other.
"By participating in the exhibition, the exporters have demonstrated Pakistan could produce high-quality products and compete in any market," he said while inaugurating single country exhibition "Pakistan Expo" along with Malaysian Prime Minister Abdullah Badawi.
Pakistan, he added, was going high up in the areas of textile, surgical goods, sports and the engineering sector, and with an immense export potential was growing rapidly. "The government's role is to create an enabling environment in which the private sectors and traders could build linkages, which helps in increasing trade ties," he added.
Shaukat Aziz expressed the hope that the exhibition would augur well for the relations between the two countries.
The Prime Minister said Pakistan was a free trade country and was open to imports from Malaysia.
The Malaysian Prime Minister on the occasion said Pakistan and Malaysia were working closely to boost their economic ties and predicted a rapid increase in the two-way trade volume in future.
"The two countries would continue their initiative for the enhancement of their bilateral trade," Badawi said, adding he was very pleased to see the Pakistani products which were already being exported to many countries across the world.
Badawi said he and Shaukat Aziz were hoping and planning increased bilateral trade between the two countries. "We are optimistic that in future the trade volume between the two Muslim countries would increase very rapidly," he added.
He said Pakistan and Malaysia were cooperating for capacity building in the Muslim countries which had the resources but were not involved in trading as their produces were only restricted to agriculture. "We are approaching these countries together to help the Islamic countries in enhancement and improvement of their capacity building.
The Malaysian leader said he was proud to see Pakistani products in Malaysia and said increasing interaction at the government-level was helping in bringing the businessmen and entrepreneurs of the two countries together which will result in more trade between the two countries.
The two Prime Ministers, earlier, cut the ribbon to inaugurate the three-day exhibition, organised by the Export Promotion Bureau (EPB) in which 76 companies representing almost the entire Pakistan's economic sectors are participating. Both the leaders later took round of the stalls to see the products on display and also talked to the prospective exporters about their business prospects in Malaysia.
Comments
Comments are closed.