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Rwanda wants to enhance bilateral trade, investment relations with Pakistan

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A business delegation from Rwanda, headed by High Commissioner of Pakistan to Rwanda Naeem Khan, visited the Lahore Chamber of Commerce and Industry on Saturday to have B2B (business to business) meetings with their Pakistani counterparts, besides exchanging views on trade and investment scope in the two countries.

Naeem Khan said that Africa is the land of opportunities so the LCCI members should not ignore it. He said that Rwanda is Singapore of Africa and developing with a rapid pace. He added that Rwanda is a safe, clean and green country where business atmosphere is ideal. Naeem Khan said that the businessmen are being facilitated through one window operation.

The HC said that Pakistani businessmen can also have access to other countries through Rwanda. He said that Pakistan and Rwanda have the capacity to meet each other’s needs. Most of the trade is going on through third countries which should be direct. He said that all the products of Pakistan are needed in Rwanda.

He said that the members of the delegation are interested in joint ventures in agriculture machinery, rice, pharmaceuticals, sports equipment and other sectors. He said that there is a lot of scope for Pakistan’s IT sector in Rwanda.

He informed the members of the delegation that Lahore Chamber is 100 years old. Lahore is the cultural, commercial and industrial capital of Punjab while Punjab is 50 percent of Pakistan. Pakistan has a key position in the fields of freelancing and tourism.

He said that Rwanda has one of the best gender equality index. Men and women parity is everywhere. Naeem Khan said that the economy of Pakistan needs diversification. He said, “We would like to sign MoUs with LCCI.”

In his welcome address, LCCI President Kashif Anwar said that Rwanda, situated in the heart of East Africa, holds significant economic importance in the region.

Rwanda has made remarkable strides in recent years, establishing itself as an emerging economic force. He said that Pakistan has a sound and diverse economy, driven by various sectors that have shown remarkable growth over the years.

Kashif Anwar encouraged the delegation from Rwanda to explore the vast opportunities that exist within the Pakistani market.

“Our businesses are capable of providing high-quality products at competitive prices. Pakistan is ready to cater to import needs of Rwanda and we believe that our collaboration will be mutually beneficial,” he maintained.—APP

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