Exploration of markets, regional trade integration key for economic growth



The Chairman Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Capital Office , Qurban Ali on Wednesday said that exploration of new markets and regional trade integration are the key elements for economic and trade expansion to materialize the industrial policy of the government.
Afghanistan can provide economic and trade connectivity with Central Asian States (CARs) whereas exploration of untapped market like Africa region and additional potential market of European Union (EU), North American countries besides Association of South East Asian Nations (ASIANs) are the major potential for increasing the connectivity and trade integration with regional and word economy, Chairman FPCCI Capital office, Qurban Ali told media here.
Replying to a question, he said that economic relations with Afghanistan and Central Asian Republics (CARs) would make Pakistan a hub for regional trade, transit and transshipment.
He said that China Pakistan Economic Corridor (CPEC), a project of global significance would connect the whole country from Balochistan to Gilgit Baltistan (GB) with big economies like China.—APP

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