The Karachi Chamber of Commerce and Industry (KCCI) has proposed establishment of direct shipping line between Pakistan and Bangladesh in order to promote commercial and trade links. In a communication to Deputy High Commissioner of Bangladesh, former president KCCI, Abdul Majid Haji Mohammad said that both the countries required strong shipping links and the shipping charges also needed to be brought down to boost bilateral trade.
He said that Bangladesh and Pakistan are two major Islamic nations in South Asia and their geo-strategic position needs to be utilised in such a way that the people of both the countries get larger benefits of it. The former KCCI president said that Bangladesh played a lead role in the formation of South Asian Association for Regional Co-operation (Saarc) and Pakistan lauds Bangladesh efforts to boost inter-regional trade, peace and co-operation under the Saarc platform.
He said both the countries have a great potential to undertake joint ventures in textile sector, as Pakistan has resources and expertise in the filed while Bangladesh has preferential access to EU markets. Pakistan can also help Bangladesh to develop its engineering sector as Pakistan has strong technical expertise and required human resource in the field.
There is a dire need to strengthen bilateral trade, exchange of business delegations and high level contacts between business communities of the two brotherly countries. He said that Bangladesh can target Pakistan' key sectors including textile, ceramics, agriculture products, leather, and sports goods. Bangladesh could also be a good market for Pakistani motor bikes and serious efforts are needed to be done in this regard.
The former KCCI President said that both the countries should also explore the opportunities to share co-operation in the fields of education and tourism. He said Pakistan and Bangladesh as active members of OIC are already working in close co-operation and have identical views on many problems being faced by Muslim Ummah. He hoped that with the passage of time bilateral trade between the two countries would increase and both the countries will achieve their destiny of economic prosperity.
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