Pakistan aims to boost South Asian trade through SAARC

December 11, 2024 (MLN): A delegation from the SAARC Chamber of Commerce and Industry (SAARC CCI), met with Federal Commerce Minister Jam Kamal Khan on Tuesday to discuss ways to enhance economic integration and revitalize trade within the South Asian region.

Jam emphasized the need for member countries to strengthen trade ties and pledged Pakistan’s commitment to facilitating businesses to promote regional commerce, according to the press release.

He called for direct flights between Pakistan and Bangladesh to facilitate trade and people-to-people connectivity.

The Bangladeshi delegation expressed interest in Pakistani fashion, particularly clothing and jewelry.

Bangladesh also highlighted their demand for Pakistani food products, including onions and potatoes, and expressed willingness to import construction materials such as stones.

A Bangladeshi representative remarked on the strong cultural and emotional ties between the two nations, reflected in the country’s overwhelming support for Pakistan in cricket.

Minister Jam also highlighted the outcomes of the recently concluded Shanghai Cooperation Organization (SCO) Conference, showcasing Pakistan’s efforts to enhance trade connectivity with Central and South Asia.

This delegation was accompanied by the leadership of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).

The Minister invited them to visit the Pakistan Institute of Fashion and Design (PIFD) in Lahore, which they graciously accepted.

The Nepalese delegation showed keen interest in importing vegetables and other agricultural products from Pakistan.

Representatives emphasized the need for simplified visa policies to promote regional collaboration.

Delegates urged the media to adopt a positive role in bridging gaps and combating misinformation.

Jam Kamal Khan stated that Pakistan could serve as a gateway to Central Asia for SAARC countries, providing strategic access and opportunities for mutual growth.

He also emphasized Pakistan’s competitive human resources, citing global demand for skilled professionals such as nurses.

The Minister echoed Prime Minister Shehbaz Sharif’s vision of prioritizing private sector-led initiatives.

He proposed arranging business-to-business matchmaking meetings, similar to those recently held in the UAE, Saudi Arabia, and Malaysia.

The SAARC CCI delegation, led by its President, Mr. Md. Jashim Uddin, expressed a keen interest in re-energizing SAARC and announced plans to host a SAARC Summit in Dhaka in the coming months.

The meeting highlighted mutual interests and shared goals, setting the stage for stronger regional cooperation.

The delegations reaffirmed their commitment to advancing trade, cultural exchange, and connectivity among SAARC countries.

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