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Punjab Board of Investment and Trade sign deal with Canada-Pakistan Chamber of Commerce

Lahore, May 12, 2014 (PPI-OT): Punjab Board of Investment and Trade signed a MoU with Canada Pakistan Chamber of Commerce. The MoU was signed at a reception dinner hosted by Ms.Mehreen Javaid, President Canada Pakistan Chamber of Commerce, at Avari Hotel Lahore.

H.E. Greg Giokas, Canadian High Commissioner, Mr. Denis Chouinard, Political and Trade Counselor for Canada, PBIT Officials and businessmen from the private sector representing Canadian companies were present at the event.

Ms. Mehreen Javaid thanked PBIT for all the help extended to her in facilitating meetings with Govt. officials and private businessmen. In his speech H.E. Greg Giokas mentioned that Pakistan is a very competitive country in terms of trade in many sectors. The Government should support more to enhance this competitiveness.

He quoted Canada’s example of opening free trade to the United States in order to improve competitiveness and sell more to the U.S. Pakistan has been given the status of Most Favored Nation for trade in the agriculture sector, so it should make the most of it as one quarter of Pakistan’s GDP comes from the agricultural sector.

He also stated that Pakistan has a large livestock sector and Canada has the best dairy producing animals so Pakistan and therefore should consult Canada for their expertise in the sector. He also stressed the need for comprehensive policy development and interaction with provincial and federal government.

For more information, contact:
Punjab Board of Investment and Trade
23-Aikman Road, GOR-I, Lahore
Tel: +9242-99205201-6
Fax: +9242-99205179

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