Home »Business and Economy » Pakistan » Bosnian envoy for strong trade ties with Pakistan
Ambassador of Bosnia & Herzegovina Sakib Foric has said that Pakistani and Bosnian businessmen should establish strong links to extract full benefits from trade and investment opportunities. The ambassador was speaking at the Lahore Chamber of Commerce and Industry (LCCI) on Friday. Honorary Consul of Bosnia Danish Iqbal was also present on the occasion. He invited the Pakistani businessmen to attend business and investment conference in Bosnia being held from April 17th to 19th, saying that it would provide them an ample opportunity to have good trade partners.

He said both countries can promote cooperation in the fields of wood, furniture, leather, pharmaceutical, fruits & vegetables, textile, sports and tourism. Bosnia can help Pakistan organize winter sports, he added.

The ambassador said the Bosnian government is offering good incentives to the businessmen. There is a tax exemption for five years for new company while government also helps establishment of new business project. He said that company established in Bosnia can do business with European Union he said and invited the Pakistani businessmen to join hands with their Bosnian counterparts and explore trade and investment opportunities in Bosnia where they can enjoy number of benefits. He also invited the Pakistani businessmen to visit Bosnia for having firsthand knowledge about the available opportunities and initiating joint ventures with their Bosnian counterparts. LCCI President Almas Hyder said that not in Asia but all over the world, economic scenario is being changed, therefore, we have to be connected with each other. Referring to present volume of two way trade which is even less than half a million dollar, he said that it does not reflect these relations at all.

Copyright Business Recorder, 2019


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