President, Karachi Chamber of Commerce and Industry (KCCI) Muhammad Haroon Agar urged foreign businesspersons and investors from friendly countries to invest in Pakistan. Speaking on the occasion of meetings with foreign delegations at Expo Pakistan 2012 in Karachi Expo Centre yesterday, he highlighted the real and true potential of Pakistan with all its strengths.
He stressed the need to develop trade with the friendly country and raised strong voice for market access to Pakistan in the markets of America, European Union, Asia and Africa. President KCCI Muhammad Haroon Agar accompanied by Senior Vice President Shamim A. Firpo, Vice President Nasir Mehmood along with Managing Committee Members of KCCI met business delegations from USA, Afghanistan, Malaysia, Egypt, Nigeria, South Korea and South Africa today. Commercial Counsellors of Pakistan in said countries were also present in the meeting.
He also signed Memorandum of Understanding with President of Pakistan Chamber of Commerce USA and Deputy President of Malay Chamber of Commerce Malaysia for mutual co-operation to enhance bilateral trade and extend facilitation to members of respective chambers. He also emphasised upon frequent and meaningful interaction between the Pakistan's Commercial Sections abroad and Karachi Chamber of Commerce and Industry.
Haroon Agar highlighted immense opportunities to invest in Pakistan in the sectors of textiles, energy, agricultural value-added engineering, pharmaceutical and healthcare, fruits, rice, vegetables, sports and surgical goods, halal food, etc. He motivated the foreign investors explore the possibilities of joint ventures. He also proposed to the President of Pakistan Chamber of Commerce USA and Deputy President of Malay Chamber of Commerce Malaysia to form joint Chambers with KCCI. He articulated that Pakistan is a land of endless opportunities having immense natural resources. Pakistan is located at the gate of world's major trade routes like China, India, Iran, Middle East, Central Asian countries where interested countries can re-export from Pakistan. He highlighted that Pakistan has a very liberal investment policy with agreements of investment protection and avoidance of double taxation with more than 50 countries of the world.
He also invited foreign delegates to participate in KCCI annual "My-Karachi, Oasis of Harmony" Exhibition scheduled to be held in July 2013 which is a showcase and B2B and B2C platform wherein local and foreign exhibitors participate. He assured the foreign delegates Karachi Chamber's best support and co-operation for match-making with their Pakistan counterparts, particularly KCCI members. President KCCI along with his team will also hold meetings with business delegations from friendly countries on 5th & 6th October, 2012 at Karachi Expo Centre.-PR