Karachi, December 30, 2012 (PPI-OT): Chairman Sindh Board of Investment (SBI) and President Pakistan Afghanistan Joint Chamber of Commerce and Industries (PAJCCI) Mohammad Zubair Motiwala has said that PAJCCI has played a vital role in enhancing the trade links between Pakistan and Afghanistan and the purpose of PAJCCI is to promote peace and prosperity between these two countries. This he said while presiding a high level meeting here at his office. It is to mention that Mohammad Zubair Motiwala will leave for Islamabad along with Board members of PAJCCI on Monday to attend 4th Board meeting of PAJCCI, Economic Cooperation Conference, meeting with H.E Ambassadors, high level government officials and call on meeting with H.E Prime Minister of Pakistan.
He said that a business Perception Survey was conducted in both countries recently and Economic Cooperation Conference would be a great initiative that would produce more opportunities of trade between Pakistan and Afghanistan. He added’ ‘It is a matter of satisfaction that formal bilateral trade has been raising in recent years: from $ 170 million in 2000-1 to $ 2508 million in 2010-11, with trade balance visibly in Pakistan’s favour’.
Chairman Sindh Board of Investment & President PAJCCI Mohammad Zubair Motiwala said that PAJCCI faced many challenges but we were working on future strategy to overcome these challenges, however that current geo-political environment had been termed on a major diplomatic accomplishment for Pakistan and Afghanistan. He told the meeting that Turkey had shown keenness to engage itself with PAJCCI in a tri-lateral arrangement and further Tajikistan was also interested in the similar arrangement.
For more information, contact:
Sindh Board of Investment
Government of Sindh
1st Floor, Tower B, Finance & Trade Centre