ISLAMABAD: Ambassador of Saudi Arabia Nawaf Saeed Al-Malkiy Monday saidPakistan has great potential for business and economic growth that neededbe highlighted more effectively to attract the attention of foreigninvestors.
He said this while exchanging views with a delegation of Islamabad Chamberof Commerce and Industry that called on him led by its President AhmedHassan Moughal.
Rafat Farid Senior Vice President, Iftikhar Anwar Sethi Vice PresidentICCI, Khalid Malik Chairman ICCI Diplomatic Committee and others were inthe delegation.
He said Prime Minister Imran Khan was keen to promote Pakistan’s exportsfor which, apart from government-to-government contacts, enhancedpeople-to-people contacts were necessary so that foreign people could cometo Pakistan and see its actual potential.
The ambassador said there was a great need promote soft image of Pakistanto outside world in order to get enhanced foreign direct investment.
Saudi Arabia was now more opened to foreign investors and Pakistaniinvestors should also explore JVs and investment in Saudi Arabia in areasof interest, he added.
He stressed that Pakistan and Saudi Arabia should focus on frequentexchange of trade delegations to explore all untapped areas of mutualcooperation.
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He said Saudi Commercial Section would try to explore all possible areas ofJVs and investment in Pakistan for Saudi investors.
He urged that the ICCI should form a delegation for Saudi Arabia and hisEmbassy would cooperate in making its visit successful.
Speaking on the occasion, Ahmed Hassan Moughal said the ICCI intended totake a delegation to Saudi Arabia in December or January to explore newavenues of mutual cooperation between the two countries for which supportof Saudi Embassy was needed to facilitate its visit.
He said investors of Saudi Arabia should explore JVs and investment in CPECand other sectors of Pakistan’s economy. – APP
