Commerce Minister, Engr. Khurram Dastgir Khan meeting with his Qatar Counterpart Sheikh Ahmed Bin Jassim Al-Thani

News Image

By MG News | May 09, 2017 at 06:32 PM GMT+05:00

0:00

Federal Minister for Commerce, Engr. Khurram Dastgir Khan on his official visit to the State of Qatar, held meeting with his Qatar counterpart Sheikh Ahmed bin Jassim Al-Thani, Minister of Trade and Commerce at his office.

Khurram Dastgir Khan highlighted growth of different sectors of Pakistani economy and underscored that the $55 billion Chinese investment in CPEC projects has boosted pace of economic development. Increasing peace in Pakistan is increasing investor confidence, he said. He discussed and presented the major trade issues between the two countries in a comprehensive manner, which include balancing the Pak-Qatar trade, lifting the ban on procuring Pakistani origin rice through the tenders floated by Government of Qatar, facilitating business visas, fulfilling commitment made by Emir of Qatar to give 100,000 visas to Pakistani workers, and expediting first meeting of Pak-Qatar Joint Business Council.

Engr. Khurram Dastgir Khan further stated that due to large scale developmental works in Qatar, including the development for FIFA World Cup 2022, the Qatari business companies can benefit from the expertise of Pakistani entrepreneurs as well excellent quality of Pakistani construction materials, textile, and food. The Minister for Commerce sought the help of Qatar in resuming the FTA dialogue with Gulf Cooperation Council (GCC); the Qatari Minister assured full support in this regard. Both sides agreed to enhance the economic and trade relations through regular exchange of trade delegations.

The Minister for Commerce extended the invitation to the Qatari counterpart to visit Pakistan along with a business delegation at the occasion of upcoming “Expo Pakistan”. The Minister of Economy and Commerce Qatar, Sheikh Ahmed bin Jassim thanked for the generous invitation and pledged to resolve issues raised by his Pakistani counterpart. He appreciated the new economic partnership between Pakistan and Qatar after the landmark $16 billion, 15-year LNG deal. The Qatari minister stated that he will encourage Qatar’s private sector to invest in Pakistan and benefit from the great scope to increase business between the countries.

Related News

Name Price/Vol %Chg/NChg
KSE100 132,614.07
89.20M
-0.59%
-789.12
ALLSHR 82,949.56
490.31M
-0.29%
-238.49
KSE30 40,350.62
32.11M
-0.74%
-300.84
KMI30 190,770.53
36.33M
-0.68%
-1313.38
KMIALLSHR 55,693.56
251.63M
-0.28%
-154.14
BKTi 36,190.67
5.58M
-0.64%
-232.20
OGTi 28,238.69
6.86M
-0.70%
-198.92
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,065.00 109,545.00
108,625.00
-150.00
-0.14%
BRENT CRUDE 69.99 70.09
69.85
-0.16
-0.23%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.05
2.15%
ROTTERDAM COAL MONTHLY 106.65 106.65
106.25
0.50
0.47%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.15 68.27
67.78
-0.18
-0.26%
SUGAR #11 WORLD 16.15 16.37
16.10
-0.13
-0.80%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg