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Kyrgyzstan wants to bolster bilateral trade relations with Pakistan

asiafreepress by asiafreepress
April 21, 2023
in Asia, Pakistan
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Kyrgyzstan wants to bolster bilateral trade relations with Pakistan
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ISLAMABAD, Apr 21 (APP): Chairman Kyrgyzstan Trade House Meher Kashif Younis on Friday said that Kyrgyzstan always valued its cordial relationship with Pakistan and wanted to further bolster bilateral trade and economic relations between the two Muslim brotherly countries.

Talking to a delegation of importers and exporters led by Shahid Nazir at the trade house in Lahore, he said, “Kyrgyzstan-Pakistan bilateral trade is below its vast potential that must grow and flourish in the days to come as Kyrgyzstan wants a sustainable enhanced trade volume with Pakistan that will be very beneficial for both countries.”

He said, “Direct air links help bolster bilateral trade three times between the two countries.”

He said, “Kyrgyzstan has offered a basket of attractive incentives to Pakistan’s private sector and the Pakistani business community should take benefit of these facilities.”

He said, “Kyrgyzstan and Pakistan have formed Working Groups under Joint Ministerial Commission to increase bilateral cooperation in various sectors including agriculture, trade, banking, IT, tourism, transport, energy, and health. The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and all it’s affiliated chambers shall cooperate in exploring companies for these working groups.”

Speaking on the occasion, leader of the delegation Shahid Nazir said, “Pak-Kyrgyzstan bilateral trade is not up to the real potential of both countries and stressed identifying new avenues of increasing trade between both countries.”

He emphasized for creating better awareness in the private sectors of both countries about each other’s markets to increase business ties.

He said, “Both countries are doing trade in limited items and there is a need of finding new product lines and avenues of cooperation for enhancing trade volume between the two countries.”

He said, “Both countries shall encourage the regular exchange of trade delegations to explore all untapped areas of mutual cooperation.”

“Ulanbek Totuiaev Ambassador Kyrgyzstan is also very active and helpful and contributing significantly for the promotion of bilateral trade between the two countries,” Meher Kashif Younis concluded.

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