AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Bangladesh High Commissioner Suhrab Hosain while expressing dissatisfaction over limited trade volume of less than $1 billion between Pakistan and Bangladesh, stressed the need to exchange trade delegations, enhance people-to-people and institutional linkages between the two countries, which would help in improving the existing trade volume.
Exchanging views with KCCI President and Managing Committee members during his visit to KCCI on Monday, the Bangladeshi High Commissioner also expressed concern over trade imbalance between the two countries. Deputy High Commissioner of Bangladesh in Karachi, Noor-e-Helal Saifur Rahman, President KCCI Iftikhar Ahmed Vohra, Former President KCCI, Majyd Aziz, Chairman Diplomatic Affairs Sub-Committee Naeem Sharif, Former SVP KCCI, Zia Ahmed Khan, Former Vice President Nasir Mehmood and Managing Committee members were also present at the meeting.
Hosain further said that although many Pakistani businessmen and industrialists have been individually visiting Bangladesh for business purposes from time to time but collective efforts by Karachi Chamber and the Chambers of Commerce in Bangladesh were needed in order to improve trade between the two countries. He said that Bangladesh considered 'Pakistan as not only a friend but also a brother'.
Referring to a particular suggestion pertaining to direct shipping line between Karachi and Chittagong to facilitate trade which was floated by him during his last visit to Karachi Chamber in 2011, Hosain asked President KCCI to look in to this matter as it was the business community's job to raise voice for such facilities whereas 'we work as catalyst'.
Identifying various sectors in which trade could be enhanced between the two countries, Bangladeshi High Commissioner particularly mentioned pharmaceutical, IT, telecom, agro-based industries and heavy engineering products etc in which both countries could enhance trade.
He noted that Bangladesh has been producing sufficient energy of 13,000 megawatts, its GDP growth was above 6 percent and it also holds strong foreign reserves of $26 billion. "Our Readymade garment sector is ranked 2nd in the world which employs 3.4 million young women," he added. Earlier, while welcoming the High Commissioner of Bangladesh, President KCCI Iftikhar Ahmed Vohra said that Pakistan and Bangladesh must forget the bitterness of the past and look forward towards closer friendly and brotherly relations. "We need to strive hard to improve the stature of people inhabiting in both countries," he added.
He also stressed the need to organize frequent exchange of trade delegations and holding single country exhibition in both countries which would help in bringing the business communities of the two countries closer. Iftikhar Vohra invited the Bangladeshi business community to invest, look for possibilities of enhancing trade or undertake joint ventures with their counterparts in Pakistan which would ensure progress and prosperity for the entire region.-PR

Copyright Business Recorder, 2015

Comments

Comments are closed.