Pakistan, Malaysia vow to tap full potential of bilateral ties
KUALA LUMPUR: Pakistan and Malaysia have vowed to enhance bilateral economic cooperation and explore avenues for joint ventures in a host of sectors, including agriculture, construction and Halal industry.
The understanding to ‘tap full potential of bilateral economic relations’ was reached here at the joint meeting of the Pakistani and Malaysian chapters of the Pakistan Malaysia Business Council. Deputy Minister for International Trade and Investment of Malaysia, Mukhriz Mahathir attended the meeting as the guest of honour, while Malaysia-Pakistan Business Council Chairman Datuk Salim Bin Fateh Din, Pakistan-Malaysia Business Council Chairman Bashir Jan Muhammad, Trade Development of Authority of Pakistan Chairman Tariq Iqbal Puri and High Commissioner for Pakistan to Malaysia Masood Khalid also spoke on the occasion.
In his address, Mahathir lauded the setting up of the Joint Business Council (JBC), calling it an ideal platform for businessmen from both countries to come together and explore ways for enhancing the bilateral trade, which he said had already registered an impressive hike after the signing and operationalisation of Free Trade Agreement in 2008. staff report