Pakistan gets a big offer from Canada

Pakistan gets a big offer from Canada

*KARACHI: As business environment in Pakistan is becoming favorable day by day, Canadian government and the private sector have offered big investment opportunities in the South Asian giant.*

Last year, the bilateral trade figured 1.4 billion dollars, which was previously standing at only 400 million dollars. This figure can be further increased to five billion dollars in next five years by taking promotional steps on both the sides, said Canada’s former minister for research, innovation and science, Dr. Reza Moridi while talking to media at the Gong ceremony at Pakistan Stock Exchange (PSX).

He shared that Pakistan consists of more than 200 million consumers and is deemed as an emerging potential economy and a big market. “Canadian government and many other private firms, including infrastructure, energy, information and communication technology, are interested to promote bilateral trade and investment in Pakistan,” Moridi said.

“We want to bring two nations together by increasing interaction at the governments and private sectors level,” he asserted.

Dr. Reza Moridi is jointly supervising the Canada Pakistan Business Council and ICT 20-member delegation from Canada on their visit to Pakistan.

PSX’s Chief Executive Officer, Richard Morin welcomed the delegation and assured all kind of cooperation and support to Canadian companies, on behalf of PSX.