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Punjab Board of Investment and Trade signs deal with Swiss Business Council

Lahore, March 26, 2015 (PPI-OT): Punjab Board of Investment and Trade signed MoU with Swiss Business Council on March 26, 2015 at Avari Hotel, Lahore. The MoU is an agreement on a joint action plan to expand bilateral trade and investment flows over the next one year.

Chief Executive Officer, Punjab Board of Investment and Trade (PBIT) Mr. Mohammad Ilyas Ghauri and President, Swiss Business Council (SBC) Mrs. Yasmin Peermohamed signed the Memorandum of Understanding (MOU). The MoU was witnessed by Mr.Emil Wyss, Consul General of Switzerland, and Minister for Industries, Chaudhry Muhammad Shafique, and Chairman PBIT Mr.Abdul Basit.

This agreement would help to further tap the trade and investment opportunities in Pakistan and Switzerland both organizations have decided to collaborate in this regard. Among the goals and areas of cooperation included in the MoU are to identify and develop business and investment opportunities in the respective regions for private/public alliances and develop linkages between investors and businessmen of both countries.

Establishment of Pak-Swiss Facilitation Desk (PSFD) at PBIT to look after matters pertaining to Trade and Investment between Pakistan and Switzerland. Collaborative efforts to promote vibrant image of Pakistan in Switzerland. PBIT and SBC will jointly arrange/hold relevant investment/trade conferences and seminars for furthering their goals both domestically and internationally.

The main goals of the MoU are to develop a bond between investors and business of both countries and to identify opportunities for alliances. To keep a look into matters of Trade and Investment between Pakistan and Switzerland and to address the concerns of Swiss companies based in Punjab.

To achieve these goals both parties will hold conferences and seminars domestically and internationally and also ensure to enhance the image of Pakistan in a positive way. Prominent figures from Government ministries, PBIT Management, Members of Swiss Business Council, and business community were present at the MoU signing ceremony.

For more information, contact:
Punjab Board of Investment and Trade (PBIT)
23-Aikman Road, GOR-I, Lahore
Tel: +92-42-99205201-06
Fax: +92-42-99205171
Email: info@pbit.gop.pk
Website: www.pbit.gop.pk

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