Home »Business and Economy » Pakistan » Belarusian envoy for enhancing bilateral trade ties

  • News Desk
  • Dec 20th, 2012
  • Comments Off on Belarusian envoy for enhancing bilateral trade ties
Ambassador of Belarus, Victor Rybak articulated that Pakistan is an important friendly country and Belarus attaches importance to Pak-Belarus political and trade relations. Exchanging views with Karachi Chamber of Commerce and Industry (KCCI) President Haroon Agar, Victor Rybak endorsed that prospects to enhance Pak-Belarus Economic and Commercial co-operation do exist.

To explore new avenues of bilateral co-operation, renowned businessman Abdul Rauf Tabani has been appointed as the Honorary Consul General of Belarus to Pakistan. He stated that Belarus lies in the heart of Europe and it is most industrialised country which got independence from Soviet Union.

He informed that GDP was growing every year and economy strongest sectors were service industries and manufacturing. He informed that Belarus tractor is very popular in Pakistan. Five dealers of Belarus Tractors are operating in Karachi. In last 5 years, 30,000 tractors were sold to Pakistan. Ambassador informed that economic diplomacy was his first priority as Pakistan has lot of potential in many areas.

He invited President KCCI to compose a business delegation to Belarus. He informed that Belarus is a promising business and investment destination for investors. Presently Belarus was 56th in ease of doing business whereas by 2015 the country will likely achieve the 30th rank for ease in doing business. Pakistan and Belarus are maintaining agreements on trade and economic co-operation and investment protection.

He informed that bilateral investment treaty between two countries has been ratified by Belarus while ratification from Pakistan is awaited. He informed that dynamics of Belarus are different central Asian Republics and the country has its unique strengths in many areas.

He stressed upon the need of frequent people-to-people contact, regular exchange of trade information and business delegations. KCCI President, Muhammad Haroon Agar urged the Ambassador of Belarus H.E. Mr Victor Rybak to explore the possibilities of Pak-Belarus joint ventures in automobiles, services and industrial products. He said that Pakistan and Belarus are two friendly countries and there is great potential to enhance bilateral trade and economic ties.

He stated that Belarus economy is dominated by services and industrial products. Belarus tractor is famous in Pakistan. He was of the view that Belarusian tractors, trucks, motorcyles, earthmovers, fertilisers, machinery and mineral products, chemicals, metals, textiles, metal-cutting machine tools, synthetic fibres can be exported to Pakistan due to its demand. Belarus export to Pakistan in 2011were $2.54 million while Belarus imports from Pakistan in 2011 were $34.58 million.

President KCCI offered the Belarusian Ambassador that KCCI can cooperate with Embassy of Belarus to organise Single Country Belarusian Exhibition in Pakistan. Likewise, he invited Belarusian's companies through the courtesy of Ambassador to participate in the KCCI's My-Karachi Exhibition to be organised in July 2013. He said that KCCI can sign MoU with its Minsk Chamber of Commerce & Industry to facilitate business community. He apprised about the vital role of KCCI in the socio-economic development of Pakistan and to promote trade and industry in Karachi and elsewhere.-PR

Copyright Business Recorder, 2012


the author

Top
Close
Close