Lahore - Since the things are improving on economic front, therefore there is a dire need to establish mechanism to support bilateral businesses. The consensus was developed at a meeting between the LCCI trade delegation, headed by its president Mian Nauman Kabir, and the members of Mashhad Chamber of Commerce & Industry. Mian Nauman Kabir said that there is a dire need to enhance business-to-business relations between Pakistan and Iran to steer socio-economic improvement in the region.
He said that Pakistan always extended its support to Iran for enhancing bilateral cooperation. He invited the business community of Iran to explore the potential economic areas of Pakistan. “Joint ventures are the finest way to commensurate mutual trade with the respective potential of Pakistan and Iran”, the LCCI president said, adding that Pak-Iran trade can touch new heights through collective efforts.
Mian Nauman Kabir said that Iran and Pakistan are brother countries and their friendship should be translated into the mutual economic ties as well, adding that lack of trade-related information was one of the biggest reasons of low trade volume. He said that Chambers of Commerce & Industry of both countries should play role in this regard. The LCCI president said that Special Economic Zones on Pakistan-Iran borders may be set up to increase formal trade. He said that long term multiple entry visas should be issued to businessmen of both the countries for the promotion of bilateral trade.
He suggested that there should be exchange of high level delegations from government private sectors should be on regular basis. The importance of such interaction is hard to be measured as these kinds of meetings cause to arrange more and more follow up meetings which ultimately lead to establish long lasting trade and economic relations.
Mian Nauman Kabir said that Iran and Pakistan have multi-functional-aspect relations. Both countries should adopt a new approach and should move forward at an accelerated pace.
He said that though trade between the two countries is growing gradually still it is growing gradually still it is below the potential. He said that business organizations of both countries should be given a wake-up call so that they can play their due role for the strengthening of trade and economic ties between the two countries.
He said that Pakistan always extended its support to Iran for enhancing bilateral cooperation. He invited the business community of Iran to explore the potential economic areas of Pakistan. “Joint ventures are the finest way to commensurate mutual trade with the respective potential of Pakistan and Iran”, the LCCI president said, adding that Pak-Iran trade can touch new heights through collective efforts.
Mian Nauman Kabir said that Iran and Pakistan are brother countries and their friendship should be translated into the mutual economic ties as well, adding that lack of trade-related information was one of the biggest reasons of low trade volume. He said that Chambers of Commerce & Industry of both countries should play role in this regard. The LCCI president said that Special Economic Zones on Pakistan-Iran borders may be set up to increase formal trade. He said that long term multiple entry visas should be issued to businessmen of both the countries for the promotion of bilateral trade.
He suggested that there should be exchange of high level delegations from government private sectors should be on regular basis. The importance of such interaction is hard to be measured as these kinds of meetings cause to arrange more and more follow up meetings which ultimately lead to establish long lasting trade and economic relations.
Mian Nauman Kabir said that Iran and Pakistan have multi-functional-aspect relations. Both countries should adopt a new approach and should move forward at an accelerated pace.
He said that though trade between the two countries is growing gradually still it is growing gradually still it is below the potential. He said that business organizations of both countries should be given a wake-up call so that they can play their due role for the strengthening of trade and economic ties between the two countries.
