FPCCI Calls For Promotion Of Bilateral Trade Relations With Qatar

FPCCI calls for promotion of bilateral trade relations with Qatar

President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) , Engineer Daroo Khan Achakzai has said that Pakistan and Qatar are enjoying close and brotherly relations based on the common faith, religion and culture

Doha (Pakistan Point News / Online - 03rd May, 2019) President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) , Engineer Daroo Khan Achakzai has said that Pakistan and Qatar are enjoying close and brotherly relations based on the common faith, religion and culture.He was addressing the inauguration session of exhibition namely Project Qatar here on Friday.Engr. Daroo Khan Achakzai also emphasized on the need of intensifying interaction between the private sector of Pakistan and Qatar for exploring new avenues and vistas of promotion of trade and investment and also holding of single country exhibition in Qatar.

He said that Small and Medium Enterprises (SMEs) of Pakistan is one of the area that can help penetrate Qatar market. The economic and political relationship between Pakistan and Qatar is expanding with the passage of time as Pakistan is one of the major importer of Liquefied Natural Gas (LNG) from Qatar which will help in reducing the energy shortage in Pakistan.While highlighting the trade relations, he stated that the bilateral trade between Pakistan and Qatar stood at US$ 2.

48 billion but still far below their actual scope and potential. Pakistan's exports to Qatar stood at US$ 102.20 million and imports from Qatar stood at US$ 2.38 billion. He indicated that there is potential available in Pakistan to increase exports of rice, textile, edible fruits & vegetables, footwear, surgical instruments etc to Qatar. As the construction related activities are expanding in Qatar, and Pakistan has potentials to fulfill the need of skilled and unskilled labor force of Qatar. He also stated that Pakistan and Qatar both are the members of OIC blocs; can work on the promotion of halal sector as OIC Halal Accreditation Center has been decided to establish in Qatar.