ICCI calls for promoting Pakistan-Egypt bilateral trade

  • October 18, 2019
Muhammad Ahmed Waheed, President, Islamabad Chamber of Commerce & Industry (ICCI) said that Pakistan and Egypt has great potential to promote bilateral trade in many areas and stressed that both countries should focus on developing strong business linkages between their private sectors to fully capitalize on untapped economic and bilateral trade. He said this in a statement after meeting with a delegation of Egypt that visited Pakistan led by Ahmed Anter, First Undersecretary of Egyptian Commercial Service.
Muhammad Ahmed said that Pakistan and Egypt has good potential to enhance cooperation in agriculture, industry, tourism, construction and many other fields. He said that Pakistan was producing many quality products including agricultural products, engineering goods, building material, fertilizers & chemicals, textiles & leather products, medical & surgical instruments and pharmaceuticals at competitive prices. He stressed that Egypt should enhance imports of these products from Pakistan for the benefit of its people. He urged that Pakistan and Egypt should encourage frequent exchange of business delegations and participation in each other’s trade fairs to identify new areas of mutual cooperation. He said that current government was keen to promote tourism and cooperation with Egypt in this field would be helpful for realizing this objective.
Tahir Abbasi Senior Vice President and Saif ur Rahman Vice President ICCI said that Pakistan has formed a Look Africa policy to get better market share in huge African market. They said that close cooperation with Egypt would facilitate Pakistan in getting better access to African region. They said that Egypt could also get better market access to South Asia and many other regional countries by developing strong cooperation with Pakistan. They assured that ICCI would fully in endeavors aimed at improving connectivity between private sectors and promoting bilateral trade and economic relations between Pakistan and Egypt.