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PBC asked to exploit business potential of SAARC
countries
Staff Reporter
Islamabad—The SAARC Chamber of Commerce and Industry (SCCI) has
stressed upon the Pakistan Business Council (PBC), Dubai to exploit
economic potential of South Asian countries through creation of
Joint ventures in mutually interested areas and foster partnership
in industrial and services sectors. Speaking at a PBC meeting in
Dubai, SCCI President Tariq Sayeed briefed the participants about
SCCI, its role for achieving economic objectives and promoting SAFTA
through enhanced economic cooperation between the member countries.
He identified various areas in industrial and services sector
wherein huge potential was available and invited the PBC members to
invest in SAARC member countries saying that after implementation of
SAFTA, the economies of SAARC states were more open now. Tariq
Sayeed was accompanied by Iftikhar Ali Malik, Vice President SCCI,
Arshad Aalam, former Vice president, FPCCI, Zakria Usman and Majid
Sultan Khawaja, life members, FPPCI. The dinner meeting was also
attended by the Counselor Generals of Pakistan, Sri Lanka and
Bangladesh.
Sayeed also appreciated the economic policies of the UAE,
particularly its vision to achieve growth through the active
participation of expatriates, who presently contribute more than 90
per cent of the total economic activity. He was of the view that
UAE’s policies must be followed to create business friendly
environment and involve expatriates in economic growth.
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