ISLAMABAD - India will organize a 4-day Expo in Islamabad in the second week of March 2016. This was stated by Rupinder Singh Sachdva, Co-Chairman Punjab and Member Managing Committee of PHD Chamber of Commerce and Industry of India during his visit to Islamabad Chamber of Commerce and Industry along with a delegation. He discussed the possibilities of cooperation for organizing Indian Expo at Islamabad in the second week of March 2016. He said holding Indian Expos at Lahore was a regular features, however, it was for the first time that an Indian Expo would be held in Islamabad and desired that ICCI should fully cooperate to make this event successful.

He said Indian Government has allowed PHD Chamber to organize Expo in the federal capital of Pakistan and added that about 100 stalls of various Indian products including machinery and equipment, engineering goods, food products and others would be displayed in the said Expo. He said facilitating the frequent exchange of trade delegations and holding single country exhibitions was the best way to promote bilateral trade and economic relations between Pakistan and India. He assured to provide all possible support to Islamabad Chamber of Commerce and Industry for organizing delegations and trade fairs in India.

Speaking at the occasion, Atif Ikram Sheikh, President, Islamabad Chamber of Commerce and Industry said that both governments have again started the process for normalization of relations which was a welcome sign for the business communities as they needed tension free environment to boost two-way trade. He said Pakistan and India, being the largest economies of South Asia, have huge potential to promote trade and sustained normal bilateral relations were the key to fully exploit available trade potential for mutual benefit of both countries.

He said lot of trade between Pakistan and India was taking place via Dubai and peaceful relations would help in promoting direct trade between the two countries. He highlighted that measures like improving trade infrastructure, enhancing transport connectivity, customs facilitation, increasing people to people contacts by easing bilateral visa regimes, improving telecommunication links, sharing information and organizing specialized trade fairs were the measures that would help in improving bilateral trade and economic relations between our two neighborly countries.

He assured that ICCI would extend all possible cooperation to PHD Chamber of Commerce in organizing Indian Expo at Islamabad. He said many Indian products including industrial machinery, raw material for many finished products, steel furnaces and other could find good market in Pakistan and both government should facilitate entrepreneurs in promoting bilateral trade through formal channels.

Meanwhile, the delegation also visited Rawalpindi Chamber of Commerce and Industry.

During his meeting with acting President RCCI Saqib Rafique, Rupinder Singh appreciated RCCI role and efforts for promoting bilateral trade between India and Pakistan. He referred to the recent SAARC event held in Lahore where an overwhelming response was given to Indian traders.

Acting president Saqib Rafiq assured him that RCCI would provide all support to make Indian exhibition successful. He said that there was a big opportunity for traders to take benefit from this opportunity.  “We are already importing machinery, kits, jewelry and tools from India and this exhibition will provide a platform to our traders to explore new avenues in businesses.