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Pakistan’s abundant resources, exceptional talent can do a lot for economic prosperity of the country: Deputy High Commissioner of Bangladesh

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by December 19, 2014 Industries

Karachi, December 19, 2014 (PPI-OT): Deputy High Commissioner of Bangladesh, Ruhul Alam Siddique has said that Pakistan’s abundant resources coupled with exceptional talent can certainly do a lot for the economic progress and prosperity of this country.

Speaking at a meeting during his visit to Karachi Chamber of Commerce and Industry, Ruhul Alam pointed out that Bangladesh and Pakistan have been enjoying strong relations and both the neighbouring countries should enhance economic cooperation and interaction at different levels.

President KCCI, Iftikhar Ahmed Vohra, Senior Vice President KCCI, Muhammad Ibrahim Kasumbi, Vice President KCCI, Agha Shahab Ahmed Khan, Chairman of Diplomatic Missions and Embassies Liaison, Mohammad Naeem Sharif, Chairman of Special Committee for My Karachi Exhibition, Muhammad Idrees, Former President KCCI, Majyd Aziz and KCCI Managing Committee members were present at the meeting.

Commenting on economic performance of his country, the Bangladeshi envoy stated that Bangladesh has recorded a strong growth rate of more than 6 percent and was the 2nd largest manufacturer of ready-made garments. Currently, the literacy rate of Bangladesh was around 78 percent while efforts were underway to attain 100 percent literacy rate by the end of 2015, he added.

Ruhul Alam Siddique, who has been discharging his duties as Bangladeshi Deputy High Commissioner since August 2010, termed his stay in Karachi as ‘most pleasant’ and appreciated the support and cooperation extended by the Karachi Chamber of Commerce and Industry from time to time. “I really enjoyed my stay in Karachi and I am personally, emotionally and officially attached to the people of Karachi”, he added.

While extending sincere gratitude to Karachi Chamber for its persistent cooperation, the Bangladeshi Envoy said that although some visa applicants might have faced some problems in obtaining tourist and other visas but they have been striving hard to facilitate timely issuance of business visas to genuine applicants particularly those being recommended by KCCI.

He informed the meeting that during his four-and-a-half years long stay, he never received a single complaint pertaining to trade dispute as it has been observed that any such dispute between businessmen were directly being settled by themselves which clearly indicates the strong bonds between people of the two countries.

He informed that subsidiaries of the two biggest Bangladeshi NGOs, ASA Pakistan Ltd. and BRAC Pakistan Ltd. have been working in Pakistan in the micro-finance and other social development sectors covering majority of Pakistan’s micro credit.

Earlier, while welcoming the Bangladeshi Deputy High Commissioner, President KCCI, Iftikhar Ahmed Vohra said that Pakistan and Bangladesh have been enjoying cordial relations whereas the Karachi Chamber has been has been focusing on furthering brotherly relations and trade ties with Bangladesh as they strongly believe that only collective efforts can lead to enhanced trade volume between the two countries.

Commenting on existing trade volume, President KCCI pointed out that Pakistan’s exports to Bangladesh stood at $724 million while imports were $53 million, which requires special attention and must be improved through collective efforts by the business communities of the two countries.

Iftikhar Vohra opined that both Pakistan and Bangladesh have great potential to boost their multi-dimensional relations as there are many sectors which are still unexplored. “The Free Trade Agreement between the two countries will pave way for opening more trade opportunities and help expansion of trade between the two countries”, he opined.

Senior Vice President KCCI, Mohammad Ibrahim Kasumbi, in his remarks, stated that the Pakistani business community was keen to enhance two-way trade between the two countries which would prove to be beneficial for both the economies of this region. Emphasizing the need to improve people-to-people contact between the two countries, Ibrahim Kasumbi hoped to see flourishing Pak-Bangladesh trade in the days to come.

Speaking on the occasion, Chairman of Special Committee for My Karachi Exhibition, Muhammad Idrees sought Bangladeshi Deputy High Commissioner’s assistance in effectively promoting KCCI’s 12th My Karachi – Oasis of Harmony which is scheduled to be staged at the Karachi Expo Center on April 10th, 11th and 12th, 2015.

He said that this mega event would provide an excellent opportunity to Bangladeshi businessmen and investors to showcase their products and create strong linkages with the business community of Karachi by holding B2B meetings in a cordial atmosphere.

For more information, contact:
Aamir Hassan
Director Press/Electronic Media and Public Relations
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road, Off Shahrah-e-Liaquat,
Phone: +92-21-99218001-09
Fax: +92-21-99218040

The post Pakistan’s abundant resources, exceptional talent can do a lot for economic prosperity of the country: Deputy High Commissioner of Bangladesh appeared first on AsiaNet-Pakistan.


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