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  • Dec 31st, 2012
  • Comments Off on ‘PAJCCI is playing vital role towards strengthening trade links’
President Pakistan Afghanistan Joint Chamber of Commerce and Industries (PAJCCI) Mohammad Zubair Motiwala said that PAJCCI plays a vital role in enhancing the trade links between Pakistan and Afghanistan and the purpose of Pakistan Afghanistan Joint Chamber of Commerce and Industries (PAJCCI) is to promote peace and prosperity between these two countries.

This he said while presiding a high level meeting here at his office, said a statement issued here on Sunday. The statement said that Zubair Motiwala who is also Chairman of Sindh Board of Investment (SBI) will leave for Islamabad along with Board members of Pakistan Afghanistan Joint Chamber of Commerce and Industries (PAJCCI) on Monday.

It added that Motiwala and the Board members will attend 4th Board meeting of Pakistan Afghanistan Joint Chamber of Commerce and Industries (PAJCCI), Economic Co-operation Conference, meeting with Ambassadors, high level government officials and call on meeting with the Prime Minister of Pakistan.

He said that a business Perception Survey was Conducted in both countries recently and Economic Co-operation Conference would be a great initiative that would produce more opportunities of trade between Pakistan and Afghanistan. He added it is a matter of satisfaction that formal bilateral trade has been raising in recent years from $170 million in 2000-1 to $2,508 million in 2010-11, with trade balance visibly in Pakistan's favour.

Mohammad Zubair Motiwala said that Pakistan Afghanistan Joint Chamber of Commerce and Industries (PAJCCI) faced many challenges but we are working on future strategy to overcome these challenges. He told the meeting that Turkey has shown keenness to engage itself with PAJCCI in a tri-lateral arrangement and further Tajikistan is also interested in the similar arrangement.

Copyright Associated Press of Pakistan, 2012


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