Korean delegation visits Federation of Pakistan Chambers of Commerce and Industry : AsiaNet-Pakistan

Korean delegation visits Federation of Pakistan Chambers of Commerce and Industry

[ 0 ] October 11, 2012 | Chambers of Commerce, Industries | Share:

Islamabad, October 11, 2012 (PPI-OT): The Republic of Korea is one of the Pakistan’s top trading partners this was stated by Sheikh Shakeel Ahmed Dhingra Vice President, the Federation of Pakistan Chambers of Commerce and Industry while meeting with Mr.Shaukat Ali Muqaddam, Pakistan ambassador to South Korea along with Korean delegation who visited FPCCI.

Korean delegation discussed bilateral trade relations with the FPCCI. They informed that Korea import 90 percent of agriculture product. Pakistani fruits are in greater demand in Korea. Volume of bilateral trade between the two countries has increased significantly. Pakistan exported to Korea worth US $737 million while imported from Korea worth US $ 818 million.

Pakistani side also discussed some proposals for the promotion of bilateral trade which included swift Visa issuance, joint ventures in the areas of textile, food processing, technical and technological collaborations, frequent exchange of trade delegations, promotion of new products by organizing exhibitions.

Mr.Shaukat Ali Muqaddam said that Pakistan and Korea are geographically very important countries. The two countries have potential to improve volume of bilateral trade. Korean economy is growing fast. Korea is the 13th highest in GDP in the world and per capita income is nearly US $ 31,700.

The meeting was attended by Mr.Dawood Iqbal Pakwala Vice President FPCCI, Mr. Suhail Nisar, Chairman, Pak-Korea Business Council of FPCCI. Mr. Nasir uddin Sheikh Chairman FPCCI Standing Committee on Fairs and Exhibition, Mir Nasir Abbas Director General (IA) FPCCI. The meeting was concluded with the presentation of FPCCI crest to. Mr.Shaukat Ali Muqaddam, Pakistan ambassador to South Korea.

For more information, contact:
Syed Masood Alam Rizvi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Shahra-e-Firdousi,
Karachi-75600, Pakistan
Tel: 0092-21-35873691, 93-94
Fax: +9221 3587 4332
Email: info@fpcci.com.pk
URL: www.fpcci.com.pk

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Category: Chambers of Commerce, Industries