KARACHI
Pakistan has been experiencing a new dawn of economic revival and Bahrain should partner with it for mutual benefit. Bahrain should look into unmatched business opportunities in Pakistan with a special focus on project-based financing and Islamic banking, said FPCCI President Zakaria Usman while speaking at a meeting of Bahrain-Pakistan Business Council on the eve of three-day official visit of Bahrain’s King Sheikh Hamad bin Isa bin Salman Al-Khalifa to Pakistan.
Bahrain’s Minister of Industries and Commerce Dr Hassan A Fakhro, Bahrain’s Minister of Transport Kamal Muhammad Ahmed, Chairman Bahrain Chamber of Commerce and Industry Khalid Almoayed, Federal Minister of Commerce Khurram Dastagir Khan, former President FPCCI Zubair Ahmed Malik VPs FPCCI Khurram Sayeed, Sheikh Imtiaz and Adnan Adeel and large number of businessmen of both the countries were also present on the occasion.
Zakaria Usman said that Pakistan was the closest neighbour of Bahrain that has a vibrant economy, 413 financial institutions and facility of low cost of living, but bilateral trade remained modest to $400 million which was tilted in favour of Manama.
He also said that almost 400 Pakistani companies were working in Bahrain and the number was on the rise which proved that the size and economic structure of both the brotherly countries was different but they were sharing many similarities.