KARACHI - Chairman Businessmen Group and former President Karachi Chamber of Commerce and Industry Siraj Kassam Teli has inaugurated India Expo 2012 here on Friday.
The event was organised by Federation of Indian Export Organisations (FIEO) with association of KCCI.
Speaking at the inauguration ceremony, Chief Guest Siraj Kassam Teli, asserting upon the need to create new Indo-Pak trade synergies for economic integration stated that once Indo-Pak business executes in real sense, both countries would be not dependent on other countries for economic cooperation.
Indo-Pak trade nexus will also activate intra-SAARC trade. He said that during last one decades business communities of two countries have learnt a lot and like to improve trade relations. He was of the view that political relations should not affect the positive business developments between business communities of two countries, positive developments should not slow down and businesses should not suffer.
Karachi Chamber of Commerce & Industry’s President Muhammad Haroon Agar in his welcome address highlighted that KCCI is a flag-bearer of Pakistan in front of the global business hemisphere. He hoped signing of MoU between KCCI and FIEO will prove milestone for mutual cooperation and facilitation to business community of both countries.
Federation of Indian Export Organisations’ President Rafeeque Ahmed Mecca while exchanging views at inauguration ceremony of India Expo 2012 articulated that to enhance Indo-Pak bilateral trade, India Expo 2012 is only beginning of a long journey between FIEO and KCCI and he would like to reciprocate to their nice gesture by extending similar privilege to them in India.
He apprised that FIEO is an apex trade promotion body set up by Ministry of Commerce to promote international trade having more than 14 offices in India and organises more than 50 international exhibitions across the globe. FIEO board comprises Export Promotion Councils and Commodity Boards and represents in various committees of the Government in their decision making.