Rawalpindi Chamber of Commerce and Industry (RCCI) and visiting British trade delegation have signed Memorandum of Understanding (MoU) according to which both the sides would disseminate trade and investment publication/information and will exchange delegations in order to enhance trade commerce and investment ties between the two sides.
The MoU was signed by the vice president RCCI Syed Asad Mashadi and head of British trade delegation here in Board of Investment (BoI). At this occasion executive members of RCCI Manzoor Ahmed Khan, Aamir Mehmood Malik and others were also present.
According to the agreement RCCI and British trade delegation have agreed to support and cooperate each other in the field of information technology, software/website development, Human Resource Development, market research and business development, food technology, communication technology, joint venture besides investment and trade opportunity in Pakistan.
Earlier, addressing to the delegation vice president RCCI Syed Asad Mashadi termed the agreement beneficial for the business class of the both sides and said that this would certainly provide a chance to business class to make themselves fully aware about business and trade activities in both the countries.
He said that Pakistan is the safest destination for the foreign investors and as the environment is conducive for investment. He said that Pakistan has made great strides in evolving into a feasible and attractive destination for foreign direct investment.
This can be easily gauged from the positive economic indicator and from the improved credit ratings of international rating agencies.
RCCI vice president invited the British trade delegation to take opportunity and invest in RCCI first private sector Industrial Estate in Pakistan. He mentioned that RCCI considers Rawalpindi as a Hub for trade to Afghanistan and Central Asian Republics (CARs). And the British investors can re-export their goods to these countries by using RCCI Industrial Estate.
He hoped that this would open new vistas for the business community of the two sides to further enhance trade links.