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Indian businessmen to visit Pakistan

CII delegation to explore possibilities of bilateral trade

LAHORE – A high-level delegation of the Confederation of Indian Industry (CII) will visit Pakistan during the current month to explore possibilities of promoting bilateral trade between the two neighbouring countries.


Talking to journalists here, SAARC Chamber of Commerce and Industry Vice President Iftikhar Ali Malik said that Indian businessman Rajesh Menon who head South and Central Asia at the confederation would hold meetings with Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Usman Zakaria, Pakistan Trade Development Authority Chief Executive SM Munir, Pak-India Joint Business Forum Chairman Yawar Ali, and corporate sector leaders.


Iftikhar said there was a need to address concerns relating to market access, tariff and non-tariff barriers. The Pakistani and Indian trade leaders stressed the need for trust building measures between private sectors of the two countries to boost bilateral trade, he added.


He said the CII would extend support and training facilities to develop human resources in industrial sector on modern lines to meet the international standards of exports and modern trends in global marketing.


"Pakistan wants a level playing field for strengthening trade ties with India,”: he said. The CII, FICCI, SAARC CCI and PIJBF would support Pakistan in health, agriculture, engineering and automobile sectors and help establish modern vocational training centres at all important industrial cities to produce the best quality skilled manpower.


Iftikhar said that leaders from both sides were pushing the need to liberalize the visa regime between Pakistan and India to promote business linkage. The trade leaders from either sides stressed the need for confidence building measures between private sectors of the two countries to boost bilateral trade.


He said the CII would work out viable strategies and mechanism to promote bilateral trade between the two neighbours. Iftikhar said the CII, FICCI, SAARC CCI and PIJBF would hold joint seminars and workshops in different big cities of Pakistan in collaboration with FPCCI to help develop modern infrastructure and boost existing bilateral trade relations for strengthening economy.

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