Mr. Irfan Iqbal Sheikh, President FPCCI, has expressed his profound gratitude that H. E. Mr. Yerzhan Kistafin, Ambassador of Kazakhstan in Pakistan, has announced the agreement enabling direct flights between the two brotherly countries to be formalized by March 2023. This step will go a long way to promote trade, investments, JVs, tourism and over all economic cooperation, he added.
Mr. Shabbir Mansha, VP FPCCI, highlighted the fact that Pakistan offers an e-visa facility to visitors from Kazakhstan; whereas, visitors from Pakistan are required to seek sponsored visas or a recommendation from FPCCI for visiting Kazakhstan.
As a result, the average visa processing time in the current scenario is around 8 –10 days working days; which needs to be shortened to the minimum possible time-frame, he added.
Mr. Shabbir Mansha mentioned that since the closure of the National Bank of Pakistan (NBP) in Kazakhstan, commercial & trade transactions are largely based on cash payments or letters of credit (LCs) via UAE or Turkey.