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Islamabad: Special Investment Facilitation Council is undertaking efforts to promote international partnerships for the country’s economic growth. To this effect, signing of an economic partnership agreement between Pakistan and South Korea marks a new chapter in the trade relations between the two countries.
According to Radio Pakistan, South Korea’s Trade Minister Inkyo Cheong presented a plan to transfer Korea’s industrial base to Pakistan. The South Korean Minister of Trade expressed the desire to send a business delegation to Pakistan to strengthen private sector relations between the two nations.
Federal Minister for Commerce, Jam Kamal has highlighted the potential for 1.3 billion dollars in annual trade between Pakistan and South Korea. He also emphasized the importance of Pakistani businesses learning from South Korea’s technology.