Commodity-Tanzanian tea import can save millions.

As one of the biggest tea importers around the world, Pakistan can save millions of dollars if it starts importing the commodity from Tanzania, instead of routing it through Kenya, remarked Tanzanian Chamber of Commerce President Paul Koyi.

During meetings with businessmen associated with the Korangi Association of Trade and Industry (KATI) and Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday, Koyi pointed out that in volumetric terms, tea was one of the main import goods of Pakistan.

Though there is a general belief that tea comes mainly from Kenya, one-third of tea is produced in Tanzania, he said. "There are massive opportunities for investment in Tanzania, especially in agro-production and processing, pharmaceuticals, industrial production and manufacturing."

He announced that Pakistani investors would be more than welcome in Tanzania as the African nation needed investment in the industrial sector. According to him, Pakistani people have huge talent in this area. Koyi underlined that Tanzania was a peaceful country and its economy depended on agriculture, mining and...