Call for promoting Pakistan-Palestine trade and investment relations - Press Release issued by Islamabad Chamber of Commerce and Industry.

Islamabad -- March 04, 2021 (PPI-OT)

Following is the text of press release issued by Islamabad Chamber of Commerce and Industry (ICCI)

Quote

Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry (ICCI) stressed that Pakistan and Palestine should cooperate with private sectors for promoting trade and investment relations between our two brotherly countries as their current volume of bilateral trade was quite negligible compared to the actual potential of both countries.

He said that many Pakistani products including Basmati rice, pharmaceuticals, IT, sports goods, textiles, marble products and others could find good market in Palestine and emphasized that strong business linkages between the private sectors of both countries were important to explore all untapped areas for promoting trade and investment on reciprocal basis. He was addressing a zoom meeting organized by the Embassy of Palestine to explore trade and investment opportunities between Pakistan and Palestine.

ICCI members Nasir Qureshi and Fazal-e-Hanan briefed the Palestinian side about the state-of-the-art manufacturing capabilities of Pakistani pharmaceuticals companies that were exporting their quality products around the world. Karim Aziz Malik former Senior Vice President ICCI apprized the Palestinian side about the high quality Basmati rice of Pakistan that was being exported to around 28 countries including Japan.

H.E. Ahmed Rabei, Ambassador of Palestine welcomed the participants to the zoom meeting and said that it was the best time to explore the opportunities for promoting trade and investment relations between Palestine and Pakistan. He also thanked Pakistan for providing training and other support to Palestine in various fields and said that Palestine wanted to enhance its economic relations with Pakistan.

Khalid Mosleh of the Federation of Palestine Chambers of Commerce and Industry stressed that all...

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