LAHORE: Lahore Chamber of Commerce and Commerce (LCCI) President Malik Tahir Javaid, who’s heading a ten-member substitute delegation to Indonesia, Malaysia and Thailand, started ‘Economic Advertising and marketing and marketing campaign’ and has had varied excessive-profile and necessary meetings in Jakarta.
Malik Tahir Javaid had a fruitful assembly with Pakistani Ambassador in Indonesia Muhammad Aqil Nadeem, besides visiting the offices of Jakarta Chamber of Commerce & Commerce, Federation of Indonesian Chamber of Commerce, Commerce and Commerce, Aspects Producers Affiliation and paper & Pulp Producers Affiliation. The Ambassador additionally hosted a dinner in honour of the delegation, in step with LCCI spokesman right here Tuesday.
Ambassador of Pakistan in Indonesia Muhammad Aqil Nadeem warmly welcomed the LCCI delegation and assured his full cooperation.
He said that talk to of the LCCI delegation would play a key role in boosting mutual substitute and financial ties between the two nations and pave methodology for joint ventures for sustainable vogue and financial development.
The Ambassador additionally lauded the serious efforts of Lahore Chamber’s President for rising the external substitute relatives of the country.
The LCCI President and Head of the delegation Malik Tahir Javaid appreciated the Pakistani Ambassador in Indonesia for asserting capable relatives with Lahore Chamber of Commerce & Commerce.
He said that Indonesia and Pakistan had aged historical hyperlinks and loved cordial relatives.
The other folks of every nations were end to every other and share particular bondage of friendship and companionship.
Malik said that Indonesia changed into a first-rate trading accomplice of Pakistan as among the many pinnacle importing and exporting locations of Pakistan, Indonesia came at third and Thirty first areas respectively. Traditionally, the steadiness of substitute had been in favour of Indonesia.
Last one year, the imports fabricated from Indonesia to Pakistan were practically sixteen times higher than Pakistan’s exports to Indonesia. He said that the bilateral substitute figure quite indicated the commercial relatives between two nations however these could be even higher if Pakistan changed into given more glean entry to to the Indonesian market. Pakistan could well perhaps perhaps no longer produce many advantages from PTA signed between two nations and that changed into why Pakistan’s exports weren’t deciding on up.
“We must fabricate some arrangements to export devices of light engineering, carpets, surgical devices, fresh fruits and greens and so on. at minimal accountability to Indonesia so as that some improvement could be introduced in essentially the most in style sigh,” he viewed.
Malik Tahir Javaid said that there changed into additionally heaps of scope for Indonesia to fabricate an investment in Pakistan. Indonesia had a quite generous petrochemical, rubber, plywood, telecommunication and tourism enterprise. Indonesia could well perhaps perhaps manufacture notify investment in these industries and additionally enter into joint ventures with Pakistani counterparts.
He proposed that these in all probability areas wished to be studied and monitored by the commercial sections of Pakistani respective diplomatic missions for selling substitute and investment between two nations.
At some stage in a talk to to the set up of job of Jakarta Chamber of Commerce & Commerce, Federation of Indonesian Chamber of Commerce, Commerce and Commerce, Aspects Producers Affiliation and paper & Pulp Producers Affiliation, the LCCI president invited the Indonesian businessmen to reach abet forward and avail profitable substitute and investment opportunities in Pakistan.
He said that thriving financial system of Pakistan has colossal advantages for the Indonesian investors.
Other delegation individuals were Shahid Nazir, Awais Saeed Piracha, Muhammad Wasim, Haseeb Khawar, Shabbir Bhatti, Malik Muhammad Islam, Muhammad Farooq, Mian Faisal Majeed and Muhammad Arshad Bhatti.