Lahore: A high level parliamentary delegation of the Republic of Niger led by President of the National Assembly Niger Sen Omaro visited the Federation of Pakistan Chambers of Commerce and Industry.
Abdul Rehman, Chief Coordinator, FPCCI, met with the business community and discussed investment and cooperation in various fields, including investment, tourism, mines and minerals, construction, hydropower, James Stone, agriculture, and food. Promotion of bilateral trade, strengthening of fraternal ties were discussed.
On the occasion, the President of the National Assembly of the Republic of Niger, Sen Omaro, invited Pakistani investors to invest in various sectors and said that the Niger government has offered 5 years tax-free incentives to foreign investors and Pakistani investors to take full advantage of the benefits.
He said that we would warmly welcome the Pakistani business community to invest in the Republic of Niger.
He said that Niger has huge reserves of minerals and minerals including coal, uranium, platinum, copper and oil.
He added that a delegation from the Pakistani business community would be facilitated to visit Niger to explore trade and investment opportunities. Pakistani investors can work in infrastructure, agriculture, including textiles, pharmaceuticals, medical devices and other industries. He added that in addition to Africa, the European Union, the European Union, North American countries, the Association of East Asian Nations (ASEAN) has great potential in promoting trade integration, including engagement with the global economy. Pakistani investors can invest in Niger in infrastructure development, agriculture, textiles, pharmaceuticals, medical devices and other industries. Speaking on the occasion, FPCCI Senior Vice President Khawaja Shahzeb Akram said that the two countries have close fraternal ties and the business community has vast opportunities in various fields to strengthen the ties between the two countries. Cooperation and investment are needed in pharmaceuticals, health, agriculture, irrigation, tractors, machinery, transport, auto, textiles, technology and other fields. He said that Pakistan is a country rich in natural resources and a haven for investors. Foreign investors should take full advantage of investing in Pakistan. Speaking on the occasion, Kurban Ali, Chairman, FPCCI Capital Office, said that the China-Pakistan Economic Corridor (CPC) was a major economic project which would create immense trade and economic activities in Pakistan. He suggested that Nigerian investors could take full advantage of the bio-economic package.
Kurban Ali stressed the need to intensify co-operation between the business communities of the two countries to harness the potential for mutual benefit through interaction.
He said that there was scope for increasing bilateral trade in various fields. He added that Pakistan ranks fourth in the world in terms of milk and cotton production, seventh in terms of wheat, tenth in terms of rice and seventh in terms of production of fruits.
Giving a detailed briefing on FPCCI, Chief Coordinator FPCCI Mirza Abdul Rehman said that Pakistan Chamber of Commerce and Industry wants to strengthen trade and diplomatic relations with all African countries. Africa is a potential region for future trade and will be very encouraging to further enhance bilateral trade and economic ties with Niger. There is scope to increase bilateral trade. Niger is a new market for Pakistani exporters. Trade with Niger is our priority in pharmaceuticals, agricultural inputs and other sectors. Pakistani investors can work in infrastructure, agriculture, including textiles, pharmaceuticals, medical devices and other industries. Pakistan and Niger have great economic and trade ties and more areas need to be explored to increase trade volume between the two sides in the future. The trade volume between the two countries needs to increase in the future. Africa is a huge market and Pakistani traders should ensure better access to Niger’s markets so that they can make full use of the African region for trade and investment. He added that Pakistani investors should focus on Niger for joint ventures and investments.
