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Azerbaijan Ambassador invites Pakistan to invest in increased agri-trade
The Ambassador of Azerbaijan in Pakistan, Ali Alizada has invited the members of Karachi Chamber of Commerce and Industry to set up their industries in Azerbaijan’s Free Trade Zone in Baku, where they can enjoy numerous facilities in a business friendly atmosphere.
He sought KCCI’s assistance in finding a suitable and credible partner who could supply rice and textiles in the Azerbaijani market, as businessmen were keen to import these products from Pakistan. Whereas they can also supply strawberries, grapes and pomegranates to the Pakistani market.
Referring to the China-Pakistan Economic Corridor, Ali Alizada said that Azerbaijan and Iran were also working together on a railway project to connect Asia with Europe.
This rail road link was important as it will significantly facilitate and expedite exchange of goods and trade in the region, he added.
President KCCI Muffasar Atta Malik, Senior Vice President KCCI Abdul Basit Abdul Razzak, Vice President Rehan Hanif and KCCI Managing Committee members attended the meeting.
President KCCI Muffasar Atta Malik informed members that during Fiscal Year 2017, Pakistan’s export to Azerbaijan stood at $17.06 million and imports stood at $0.04 million.
He urged that the business communities of the two brotherly countries would have to work together to increase the negligible trade.
This could be through more exchanges of trade delegations, constant interactions and other trade promotional activities.