Board of Investment (BoI) in collaboration with Embassy of Pakistan in South Korea organised Pakistan Business and Trade Investment Forum in Seoul, Korea during the official visit of Pakistan delegation led by Khurram Dastgir Khan, Commerce Minister. The Forum was attended by around 100 businessmen from both the countries, said a statement received here on Wednesday. President and CEO's of different multinational firms had also participated in the forum.
The Secretary, BOI Iftikhar Babar, addressed the Forum and highlighted that Pakistan is offering a very liberal investment regime in the region with diverse and business friendly incentives. He invited the Korean as well as Pakistani investors to invest in Pakistan for joint ventures with local partners and work for investment and trade development which are beneficial, for both the friendly countries.
The Pakistani delegation during the two day visit had a series of meetings with around 15 President and CEO's of various Korean companies and Chamber of Commerce and Industry of Korea. The delegation comprised Iftikhar Babar, Secretary, BOI and S M Muneer Chief Executive, Trade Development Authority of Pakistan (TDAP). The delegation met the Korean Importers Association (KOIMA), Korea Institute for Industrial Economics and Trade (KIET), LOTTE, DAEWOO, DAELIM, KOICA and KOTRA with detailed discussions and induced them to make more investment in the potential areas of Pakistan. The meeting was held with Minister for Trade and Energy of Korea Yoon Snag Jick also. The forum will pave the way for investment and trade delegations to visit each other's country and explore possibilities for further expansion of investment and trade.
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