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Pakistan Thailand agree to establish joint business council

Karachi, June 10, 2013 (PPI-OT): The President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zubair Ahmed Malik has invited the delegation of Thailand Federation of Industry and Thailand Federation of Commerce, Board of Trade to visit Pakistan for bilateral trade talks.

Zubair Malik along with Vice President FPCCI Shaheen Ilyas Sarwana called on Vice Chairman Thailand Federation of Chambers of Commerce, Mr Visit and Chairman Working Group on FTA, Ming Pant Chaya on Monday during his visit to Thailand and discussed various issues particularly establishing Pak-Thailand Joint Business Council and start its activities effectively in order to boost trade between the two countries and avail the opportunities of trade and tariff preferential.

Malik also held a separate meeting with Pakistan’s Ambassador Suhail Mahmood. Malik asked his counterpart to influence his government to allow on arrival visa to the Pakistani businessmen as practiced before.

The FPCCI chief also asked the Ambassador to Thailand to take up this issue with the Thai government. He discussed the issue of Joint Ministerial Meeting with his counterpart and suggested him to put some proposals in the forthcoming meeting for speeding up trade between the two friendly countries. He said during the meeting that despite having good trade and friendly ties the trade volume between the two countries is not at all satisfactory.

He also invited Thailand’s federation to participate in Expo Pakistan 2013 scheduled to be held in September in Karachi. FPCCI chief also visited the Display Centre of Pakistan’s products at Pakistan’s Embassy, suggested to improve its quality of products, and offered FPCCI’s services to improve the display of export goods at the display.

He also suggested having a full-fledged display centre in the city of Bangkok and rent out warehouse for the purpose. Malik said that Pakistan was an agricultural country and rich in natural resources. He said that gems and jewellery, fruits, poultry, livestock, food, construction, energy and agro based industries offer vast potential of joint venture investment and urged Thai business community to avail the opportunity.

He assured to facilitate and provide all assistance and cooperation to Thai investors for this purpose. The FPCCI president further stated that Pakistan is a very big market consisting of 180 million people and also provides the Thai investors market access to Central Asian states. On the occasion, both the federations agreed to make investment in Pakistan and said that they would prepare feasibility studies on the potential areas of investment as identified by the President FPCCI.

It was also agreed that they would be in constant touch with the FPCCI for this purpose. The business community of Thailand showed greater interest for making investment in Pakistan and agreed to exchange delegations of both the countries for business community and to further increase close coordination between FPCCI and Thai federation.

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,
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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