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Karachi Chamber of Commerce and Industry urges Czech Middle-Asian Chamber to enhance bilateral trade

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by January 18, 2012 Industries

Karachi: Karachi Chamber of Commerce and Industry’s Vice President Zia Ahmed Khan has proposed the President of Czech Middle-Asian Chamber of Commerce (CSOK) Jiri Nestaval to sign a protocol of cooperation with Karachi Chamber of Commerce and Industry to bridge together the business community of two countries to foster relations and enhance bilateral trade.

While speaking to the delegation from Czech Republic headed by President of Czech Middle-Asian Chamber of Commerce he highlighted the possibilities to enter into joint ventures in machinery, textiles, agriculture, I.T., alternate energy sector. He on behalf of Karachi Chamber also assured cooperation to the delegation and extended invitation to participate in the KCCI’s My-Karachi Exhibition 2012.

Majid Aziz, former President Karachi Chamber of Commerce and Industry highlighted the immense existing potential of joint ventures in the alternate energy sector particularly coal. He urged the President of Czech Middle-Asian Chamber of Commerce (CSOK) to motivate the Czech investors to invest in the coal, solar and other alternate energy solutions.

He expressed dissatisfaction over the present volume of trade and requested the President CSOK to compose a high-level delegation in their next visit to Pakistan in May 2012 particularly of businessmen interested in agriculture value-added sector, food processing sector, alternate energy and coal sector, information technology etc.

He was of the view that Czech Technology Expert may visit Pakistan and train Pakistan Human Resource to work in coal sector, mines and minerals etc. He also highlighted the possibilities of cooperation in dairy and livestock. He voiced that due to energy crisis and shortages of gas, the captive power plants were converting from gas to coal, therefore, the coal technologists and coal-based turbine manufacturers should explore and take advantage of existing opportunities. He also articulated that Czech and Pakistan Engineering Universities can also jointly introduce courses and maintain students exchange programme.

President of Czech Middle-Asian Chamber of Commerce (CSOK) Jiri Nestaval agreed to sign MoU with Karachi Chamber of Commerce and Industry for mutual cooperation. He informed that it was the first delegation of CSOK led by him to visit Pakistan and the purpose was to explore the existing trade potential between two countries.

He informed that a high-level Business Delegation will visit in May 2012 to have B2B meetings with their Pakistani counterparts engaged in different sectors like energy (thermal, water and wind), mining machinery, chemicals, pharmacy and healthcare, glass, water treatment and automobile industry. He said that Czech investors would prefer to enter into joint ventures in these sectors.

He was of the view that Czech and Pakistan had similarity of geographic location, Czech was located in the mid Europe whereas Pakistan was situated in the middle of Asia therefore Czech and Pakistan businessmen should connect commercially. He informed that CSOK signed an agreement with Pegasus Consultancy Ltd to open their permanent office in Karachi.

Czech delegates Milan Dvorak Advisor to President CSOK, Richard Kubena Commercial Director of VOPO 26 s.p., Jiri Lenz CEO of CBA s.r.o., Aamer Khanzada Managing Director Pegasus Consultancy Ltd, Asif Nisar Chairman Diplomatic Affairs Committee KCCI, Managing Committee Members Nasir Mehmood, Naeem Ahmed and Members of KCCI Qamar Usman and Ateeq ur Rehman also participated in the meeting.

For more information, contact:
M. Shafiq Baig
Public Relations Officer
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road,
Shahrah-e-Liaquat, Karachi-74000
Tel: +9221 9921 8001 -09
Fax: +9221 9921 8010
Email: pro@kcci.com.pk, pro2@kcci.com.pk
Website: http://www.kcci.com.pk/

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