KARACHI: Pakistan’s Ambassador Designate to Libya Lt Gen Javed Zia, while assuring to make all-out efforts to enhance trade ties between Pakistan and Libya, said that Libya is an emerging economy and it offers immense opportunities to Pakistani business community to export various products and services.
“We must put our act together and need to boldly address issues hindering trade between the two countries and Libya is looking forward to enhance its imports from Pakistan but unfortunately Pakistan has not paid any attention and is looking at other destinations for enhancing its exports,” he added.
Speaking at a meeting during his visit to the Karachi Chamber of Commerce and Industry (KCCI) on Tuesday, Zia said that most of the products being used in Libya are currently imported from various countries including India, China and Turkey whereas Pakistan can also enhance its export and easily penetrate into this huge market.
KCCI President Abdullah Zaki, KCCI Senior Vice President Muffasar A Malik, KCCI Vice President Muhammad Idrees, Fairs, Exhibitions and Trade Delegations Chairman Naveed Farooki, former KCCI presidents Majyd Aziz, Saeed Shafiq and other members of the managing committee were also present at the meeting.
Commenting on overall security situation in Libya and the concerns raised by KCCI members, he stated that security situation in Libya was not that bad. “If you can do business in Pakistan despite severe security concerns then doing business or visiting Libya should also not be a problem,” he added.
Zia, while referring to 41st Tripoli Trade Fair in the month of April 2014, assured full support to the KCCI during its participation in this important trade fair, which will certainly create immense opportunities for Pakistani exporters. “Pakistan’s embassy in Libya will certainly facilitate KCCI delegation during its stay in Libya. We will also organise joint meetings of KCCI and its counterparts in Libya on the sidelines of Tripoli Trade Fair in order to create strong business linkages and pave way for improved trade relations,” Zia assured.
Stressing the need to revitalise the performance of Pakistani embassies, he said that the Indian embassies are acting as the hub of trading activities and Pakistan must also do the same.
Earlier, while welcoming the ambassador, Zaki informed that KCCI, being the leading chamber of the country, is playing an active role of a bridge between the business communities, governments and various embassies in Pakistan. He hoped that Zia will also maintain close liaison with KCCI and actively work during his tenure as Pakistan’s ambassador in Libya by effectively promoting and marketing Pakistani products, besides facilitating Pakistani businessmen who are willing to enhance exports to Libya.
Idrees agreed that there is a huge potential for various Pakistani products including mangoes, rice, oranges, marble and cement etc. Pakistani businesses are capable of seizing a huge share of Libyan market. To further enhance trade, he suggested frequent exchange of trade delegations along with organising single country exhibition, which will help in bringing the business communities of both countries closer. He also asked the ambassador to promote KCCI’s forthcoming ‘My Karachi - Oasis of Harmony’ Exhibition in Libya and encourage Libyan business community to be part of this event which is scheduled to be held from June 20 to 22, 2014.
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