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RCCI for promoting trade ties with Kyrgyzstan

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Kyrgyzstan, is the shortest entry point of Pakistani products to the ‘Eurasian Economic Markets’ of 182 million people comprising Russia, Kyrgyzstan, Kazakhstan, Belarus and Armenia. No doubt, there is a huge potential for bilateral trade between them in various fields, including agriculture, textile and pharmaceutical industry.

These remarks were made by Nadeem Rauf, President, Rawalpindi Chamber of Commerce and Industry (RCCI) while addressing the Kyrgyz-Pakistan Trade & investment forum at a local hotel in Islamabad. The f orum was organized by the Embassy of the Kyrgyz Republic to the Islamic Republic of Pakistan, with the support of the USAID Regional Office for Economic Integration, the Government of the Islamic Republic of Pakistan and the Chambers of Commerce and Industry of Islamabad and Rawalpindi.

RCCI chief further said that the bilateral trade amounted to $5.9 million in 2021 with Pakistan’s exports amounting to $5.3 million and imports $600,000. There is a need to increase bilateral trade links and networking at the chamber of commerce level and suggest bilateral sector specific exhibitions on reciprocal basis. RCCI demands that the direct flights should be launched between the two countries.

 

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