“Pakistan and China should utilize all sources to achieve desirable level of bilateral trade”

"Pakistan and China should utilize all sources to achieve desirable level of bilateral trade" | PakistanTribeKARACHI – Mr. Zakaria Usamn, President of the Federation of Pakistan Chambers of Commerce & Industry in a welcome note to Mr. Mr. Zhou Xuewen, Vice Chairman Yunnan Sub-Council of China Council for Promotion of International Trade (CCPIT) said that Pakistan – China friendship is truly time tested, truly good and deeper than ocean and higher than mountains.  

He was talking with a 3 members Chinese delegation visited FPCCI, Federation House, Karachi for Promotion of International Trade (CCPIT) visited FPCCI to promote China South Asia Exposition schedule to be held from 6 to 10 June, 2014 at Kunming, Yunnan province of China.

Zakaria Usman further stated that volume of bilateral trade between the two countries increasing day by day and has crossed US $ 14 billion. However, the share of Pakistan’s exports is not significant as compared to imports from China but there are still many business opportunities available for increasing Pakistan’s exports. Pakistan’s exports to China are nearly US$ 3 billion while imports from China to Pakistan are approximately US$ 11 billion. He stated that Free Trade Agreement (FTA) between Pakistan and China will offer opportunities for growth of Pakistan’s exports.

Mr. Zhou Xuewen appreciated the efforts of FPCCI in promotion of bilateral trade between Pakistan and China and said that there are still many business opportunities for Pakistani entrepreneurs in China. He invited FPCCI to participate in China South Asia Exposition 2014 in Kunming. He also gave a presentation for the promotion of the event.

Zakaria Usman thanked the Vice Chairman Yunnan Sub-Council of CCPIT for extending their cooperation to Pakistani businessmen particularly for participation in South Asia Exposition 2014 at Kunming. He further stated that FPCCI is also planning to organize Pakistan’s single country exhibition in Kunming with the close support and cooperation of CCPIT. He also offered the Vice Chairman of Yunnan Sub-Council of CCPIT to organize Chinese Solo exhibition in Pakistan for which FPCCI will support and cooperate.

The meeting was attended by Mr. Shaukat Ahmed, Sr. Vice President FPCCI, Mr. Mazhar Ali Nasir, Mr. Khurram Sayeed Vice Presidents of FPCCI and Mr. Humayun Sayeed, Chairman FPCCI Standing Committee on Fairs & Exhibitions and large number of the members of Pakistan China Business Council of FPCCI.

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