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EFP, Istanbul Chamber agree to promote trade, investment in mining, chemicals sector

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Staff Reporter

Karachi

The Employer’s Federation of Pakistan (EFP) and the Istanbul Chamber of Commerce (ICOC) have agreed to promote trade and investment in Pakistan’s mining and chemicals sector.
Under which EFP will provide Turkish traders and investors with information on available trade and investment opportunities in these areas, while the Istanbul Chamber will also attract Turkish businessmen to invest.
In this regard, a webinar was organized by the Istanbul Chambers of Commerce to explore opportunities for cooperation in the Mining & Chemical sectors of Pakistan.
Ismail Sattar, President EFP, former Finance Secretary Younus Dhaga, Farmanullah Zarghoon, CEO Balochistan Board of Investment and Trade, Bilal Pasha, Consul General of Pakistan in Turkey, Israfil Kuralay, Vice President I the Istanbul Chamber of Commerce (ICOC) attended.
Ismail Suttar, President EFP, expressed gratitude to Israfil Kuralay, Vice President Istanbul Chambers of Commerce (ICOC), for the opportunity to present trade and investment perspective of Balochistan at Pakistan Mining and Chemical Sector Cooperation Opportunities Webinar, hosted by Istanbul Chambers of Commerce (ICOC). He said, “Pakistan is blessed with 92 minerals, however, sadly the sector has not seen real development and progress in the past 70 years”.
Younus Dhaga, former Secretary Finance of Pakistan, greatly appreciated the initiative of the Employers’ Federation of Pakistan to convert raw minerals into value-added chemicals and stated that the project is only the beginning of a very long and successful relationship between Turkey and Pakistan to create employment and unlimited economic growth.
He reminded the attending Turkish investors of how Turkey had pioneered the first wind energy plant and urban metro buses in Pakistan.
Currently, there are hundreds of multinational companies, 28 are Turkish who have shown great interest to invest in various sectors of the economy, as per Younus Dhaga, and that CPEC is a game-changer for not only our nation but all other nationalities of the world.
Farmanullah Zarghoon, CEO, Balochistan Board of Investment & Trade, enlightened the attending dignitaries of the immense potential in terms of human capital, fertile land and vast mineral reserves.

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