Nepal High Commissioner Stresses Exploring Investment Avenues within SAARC

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ISLAMABAD, Aug 29 (APP): High Commissioner of Nepal to Pakistan Ms Sewa Adhikari Saturday stressed the urgent need for exploring investment avenues in various sectors amongst SAARC (South Asian Association for Regional Cooperation) member countries.

Talking to a delegation led by Iftikhar Ali Malik, President SAARC Chamber of Commerce and Industry that had called on her, she said there was still a vast scope for economic integration which needed to be fully exploited. She hoped the new leadership of the SAARC Chamber would endeavour to further strengthen trade relations and economic ties amongst all member countries on priority and live up-to the aspirations of the private sectors of all sides besides promoting business to business links among importers and exporters of the region.

Ms Sewa said the exchange of business delegations must be encouraged for the development, progress, prosperity, welfare and betterment of the poor strata of the region by overcoming abject poverty. She assured full cooperation to help achieve objectives of the chamber as enshrined in its charter. She appreciated the role of the apex and allied bodies of the South Asian Association for Regional Cooperation (SAARC), working together to defuse the political rifts among the member countries and keeping the prime motive of regional integration alive.

She congratulated Iftikhar Ali Malik and Senator Haji Ghulam Ali for assuming offices of President and Vice President SAARC Chamber of Commerce and Industry respectively. Zubair Ahmad, Member Executive Committee, and Acting Secretary General SAARC Chamber Zulfiqar Ali Butt were also present on the occasion. Iftikhar Ali Malik said the apex and allied bodies of SAARC are the true representation of people of the region and express their minds and hearts. He added that the role of the chamber is instrumental in promoting regional economic integration in South Asia and SAARC Chamber is the most vibrant and active body of SAARC.

He said SAARC Chamber is actively engaged in business to business relationships, to voice interest of private sector of region and serve to promote exchange of commercial, technical, industrial management and scientific information, education and know-how amongst its members in South Asia.

Senator Haji Ghulam Ali urged the High Commissioner to play a constructive role in supporting the SAARC mechanism and its allied and apex institutions. He said the Government of Pakistan and its people are committed to the SAARC mechanism. He thanked the High Commissioner for her good wishes and assurance for economic integration in the region.

He invited the High Commissioner to visit Peshawar for having direct interaction with the private sector and to observe the culture of the frontier region of Pakistan.

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