Islamabad: According to a recent news report, the High Commissioner of Malaysia in Pakistan Ikram Bin Muhammad Ibrahim has said that his country is interested in greater bilateral trade with Pakistan.
At a reception organized by former Islamabad Chamber of Commerce & Industry (ICCI) executive member Mian Arif Hussain at the Kahuta Industrial Triangle, he was speaking as a chief guest. Sardar Yasir Ilyas Khan, ICCI Chief, Mian Akram Farid, Chairman of the Founding Community, and members of business communities from the twin cities were present at the gathering.
The Malaysian high commissioner, however, pointed out that lack of connectivity between the private sectors of the two countries was a big hurdle in promoting bilateral trade up to the real potential and urged both governments to urgently address the issue.
He suggested that Pakistani manufacturers should focus on products that have greater demand in the global market to improve exports, adding that Pakistani food processing products have good scope to penetrate the Malaysian market.
ICCI President Sardar Yasir Ilyas Khan, speaking on the occasion, accepted that Pak-Malaysia bilateral trade was not indicative of its real potential and called on the governments of both countries to promote the promotion of two-way trade by the private sector.
He said that a strong market could be found in Malaysia for many Pakistani products, including rice, wheat, mangoes, halal food, seafood, meat products, cutlery & sports goods, spices, handicrafts, light engineering products, hospital and surgical equipment, pharmaceuticals, and gems & jewellery.
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