Faad Waheed, Acting President of Islamabad Chamber of Commerce and Industry (ICCI), said that Pakistan and Syria are two brotherly Islamic countries that can complement each other’s economy in many fields, and therefore, they should focus on promoting trade and economic ties to achieve mutually beneficial outcomes.

He said that the bilateral trade between Pakistan and Syria is quite negligible and it can be improved by promoting business linkages between the private sectors of both countries. He expressed these views while talking to Dr. Ramez Alraee, Ambassador of Syria, during his visit to the ICCI. Faad Waheed briefed the Syrian Ambassador about Pakistan’s key industries and major exportable products that can be very beneficial to Syrian consumers.

He highlighted the importance of frequent exchange of trade delegations to explore untapped areas of mutual cooperation between the two countries and reiterated the commitment of ICCI to working with the Syrian Embassy to improve business and investment relations between Pakistan and Syria.

Speaking on the occasion, Dr. Ramez Alraee, Ambassador of Syria, said that his country is eager to promote trade and economic cooperation with Pakistan, which is very important for reducing unemployment and improving the living standards of people. He said that Syria and Pakistan enjoy good political relations that should be transformed into growing business relations to achieve mutual economic benefits.

He said that Pakistan can cooperate with Syria in many sectors including energy, infrastructure development, and IT. He stressed that a delegation of ICCI should visit Syria to see the potential for business and investment opportunities and assured that his Embassy would provide them all possible support and cooperation.

He also thanked Pakistan for providing support to Syria at international forums and reaffirmed that he would work to further strengthen trade and economic bonds between the two countries.   Engineer Muhammad Azhar ul Islam Zafar, Vice President of ICCI, said that Pakistan considers Syria an important country for trade and that he would lead a delegation of ICCI to Syria to explore business collaboration with Syrian counterparts.

Credit: Independent News Pakistan-WealthPk