Senior Federal Minister for Commerce Makhdoom Amin Fahim said that volume of trade between Pakistan and Korea needs significant increase. In a statement prior to leaving for three days visit to Korea he cited that current visit would strengthen business and commercial interaction between the public and private sector of both countries. He further said the business communities of both the counties need to be sensitized about the available business opportunities. He also said both countries should organize regular trade exhibition of potential products which would explore trade options between two countries. While telling about current trade between two countries the Federal Minister said that Pakistan – Korea volume of trade, which was in the region of US $ 845.18 million in the year 2006-07 reached all time high with effort of current government amounting to US$ 1.189 billion showing an increase of 40%. He also mentioned that Pakistan exports registered 17% increase in 2011-12 as compared to 2006-07.
