A 60-member business delegation on Thursday visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional office to get essence of existing opportunities in chemical industry of the Pakistan. The delegation comprising of 50 leading Chinese and 10 Indian companies from chemical and dyeing sector also exchanged views regarding the investment opportunities and joint ventures.
The Chinese delegation leader Hopkins Tui said the business community of both Pakistan and China is committed to promote bilateral trade. Niraj K Shah, Director Monarch Dyestuff and representative of the Indian delegates highlighted the visa problems being faced by the business community of both the countries and stressed the need for making the visa policy further easy.
He also emphasised the importance of exchange of business missions between the two countries and said they can play pivotal role in cementing the links between the countries and people alike. Pakistan and India shares common cultural and demographic values, he added.
Speaking on the occasion, the FPCCI Vice President Manzoor ul Haq highlighted the potential of chemical industry in Pakistan. China Pakistan Economic Corridor and business friendly investment policies have turned Pakistan into a best trade and investment destination, he said. He hoped that Chinese and Indian businessmen could further strengthen trade & economic ties with Pakistan through joint ventures. Highlighting the regional trade opportunities, he said the CPEC is the largest overseas investment, which is coming in next three years. He said the foreign investors should avail this opportunity as Chinese companies will have direct market access.
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