Staff Reporter Islamabad
High Commissioner of Malaysia in Pakistan, Ikram Bin Muhammad Ibrahim has said that his country wanted to have greater bilateral trade with Pakistan as both countries have good potential to do trade in many items.
He said that food processing products of Pakistan have good scope to penetrate in Malaysian market.
He expressed these views while speaking as Chief Guest at a reception organized by Mian Arif Hussain, former Executive Member, Islamabad Chamber of Commerce & Industry (ICCI) at Kahuta Industrial Triangle.
President ICCI Sardar Yasir Ilyas Khan, Chairman Founder Group Mian Akram Farid and a large number of business communities of twin cities were present at the occasion.
Ikram Bin Muhammad Ibrahim said that the lack of better connectivity between the private sectors of Malaysia and Pakistan was a hurdle in promoting bilateral trade up to the real potential of both countries that needed to be addressed.
The Malaysian High Commission said that Pakistani manufacturers should focus on products that have greater demand in the global market to improve exports.
Private sectors of both countries should take full advantage of the Pak-Malaysia FTA to improve two-way trade volume, he added.
Speaking at the occasion, President ICCI Sardar Yasir Ilyas Khan said that Pak-Malaysia bilateral trade was not reflective of the real potential of both countries and both should facilitate private sectors in promoting two-way trade.
He said that many Pakistani products including rice, wheat, mangoes, halal food, seafood, meat products, cutlery & sports goods, spices, handicrafts, light engineering goods, hospital and surgical equipment, pharmaceuticals and gems & jewelry could find a good market in Malaysia.
