Egyptian businessmen looking for joint ventures

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A delegation of businessman from Egypt visited Islamabad Chamber of Commerce and Industry (ICCI) for B2B meetings with Pakistani entrepreneurs having common interest in various fields.
These delegates were on visit to Pakistan for attending four-day 8th summit of the Developing 8 Muslim countries. The Egyptian delegation comprising of Tamer Safwat, EECA’s consultant for External Exhibitions, Mrs.Iman Abdel Maksoud Shaltout, Director of Egyptian Pavilion,May Sami Ahmed Hussain, Home Textile Exports Council,Ahmed Hamdy abdo Hendy from Chemical and Ferlilizers export Council,Omer Hafez El Hawwam fromTextile export Council,M.Mostafa and Muhammad Amen from Bed Jansen and Shehab Eldin Farid from Egyptian Beverages.
The Egyptian delegates expressed interest in promoting trade and economic relations and stressed the need for close cooperation between the business sectors of the two countries. They said that the aim of their visit to ICCI was to explore the possibilities of investment potential in the fields of agriculture, food processing, textiles, engineering, chemicals, pharmaceuticals and building materials.
They said that both the sides should share information about trade exhibitions and fairs which could be the most feasible option for strengthening mutual economic, cultural and trade ties between Egypt and Pakistan.
Speaking on the occasion,Zafar Bakhtawari, President ICCI said that Pakistan attaches great importance to its relations with Egypt as it is the land of great heroes, adding that both the countries have lot of similarities and deep rooted in shared faith and values.
He said that it was quite disappointed on cancellation of visit of Egyptian President Mohammed Morsi, who was also scheduled to attend the D8 summit and address the parliamentarians in Pakistan. Mr.Bakhtawari was of the view that Egyptian President should have to visit Pakistan because his current visit to Islamabad could be a landmark in the traditional and friendly relations between the two major Muslim countries as there was no visit of any Egyptian President since 1983 while there were a number of visits from Pakistan side.
He said Pakistan was located at a strategic location and Egypt could enter Central Asian markets by developing better economic relations with Pakistan. President ICCI emphasized on the need of channelizing the trade related information and cooperation in various sectors through regular exchange of business delegations and holding B2B meetings.
To accelerate the trade activities between the two countries, direct flights from Islamabad to Cairo, should be started which would definitely improve the bilateral relations between Pakistan and Egypt, Bakhtawari maintained.

1 COMMENT

  1. Of course, Egyptians are good friends of Pakistanis that is why they have come all the way just to seek partnership in developing joint ventures in various projects in Pakistan Pakistani enterprizes must have availed such opportunity when it itself knock at your door. In Pakistan all fields are open and viable for investment in Pakistan. Only job for any enterproise is to identify projects those suite the prospectinginvestors

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