Cairo Chamber is looking for new export and import opportunities with Pakistan

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Wednesday - 22 May 2013 - 2:3 PM

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Mr. Ibrahim Al Araby – Cairo Chamber's Chairman received Mr. Arbab  Hamid  Pakistan's commercial

 

counselor  to discuss ways of strengthing Egyptian-Pakistani economic relations and increasing export

 

and import opportunities  during the next phase.

 

 

He asked the commercial counselor to provide us  with all the data on the market and products needed

 

by Pakistani businessmen in various disciplines and in return, will provide the room the same data

 

Pakistani side to urge support for export and import investment opportunities in the two countries.

 

 

 

 the Chamber 's Chairman added that That Egypt has a promising investment opportunities, especially

 

with the passage of time which results in stability. He pointed out that there is a great quest to strengthen

 

relations with the outside world in general and in particular communities and institutions Business. We

 

are striving hard for improving relationships with the outside world in General and in particular Business

 

communities and institutions.

 

 

Al Araby said that the coming period should witness exhibitions and seminars in Egypt and Pakistan to

 

study projects that help develop and confirm the relations between the two countries and help increase

 

trade between them.

 

 

The Cairo Chamber's  added that the Egyptian and Pakistani sides must provide appropriate means to

 

develop and activateCommercial transactions between companies in all sectors and each side  makes

 

a serious attempt to overcome the obstacles, which faced by the other side.

 

 

He explained that the Chamber is trying to find the appropriate means of communication between

 

exporters, importers, the Egyptians and foreign investors in addition to coordination with economic and

 

trade institutions inland and abroad. It also organizes the meetings of various business divisions and

 

seeking to solve the problems faced them . it always strives to create opportunities for integrating  with

 

their counterparts from Arab and foreign chambers to reach the highest levels of trade and economic

 

exchanges.

 

 

Al Araby said that the exchange of trade delegations between Egypt and Pakistan will bring new

 

economic transactions between companies in the two countries. He pointed out that each party should

 

try to simplify the procedures for dealing with the other so as to increase economic relations .

 

 

On his part, Pakistani attaché said   that procedures will be developed  to facilitate trade between Egypt

 

and Pakistan, and to overcome all obstacles to support these relationships.

 

 

 

He added that he will provide all the information on the Pakistani market to the Egyptian side calling for

 

the exchange of delegations visits between the two countries to consolidate their relations, pointing out

 

there are 10 Pakistani companies participated in the Cairo exhibition recently in order to communicate

 

with the Egyptian business community.

 

 

He said that Pakistan currently established in Egypt in the field of textile industry in the free zone with

 

a capital of $ 20 million. Stressing that Pakistan needs during the current period to invest outside their

 

territories due to problems in its energy and Egypt is the gateway to Africa Therefore there is an interest

 

in investing in Egypt .

 

 

He revealed that there is a conference will be held from 26 to 29 September 2013 in Pakistan includes

 

many industries, including leather, food products, engineering and auto parts.

 

 

He stressed that the volume of trade exchange between Egypt and Pakistan has increased to $ 400

 

million in the last three years.

 

 

It is noteworthy that the most important Egyptian exports to Pakistan, soap, chemical products, seeds

 

and oilseeds, pharmacy products, salt, sulfur, cement, while imports from Pakistan are fish, tanning

 

materials, grain and cotton