Bombay Chamber & KCCI sign accord to set up BKJCCI

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) and Bombay Chamber of Commerce have inked an agreement to establish Bombay-Karachi Joint Chamber of Commerce & Industry (BKJCCI) to enhance bilateral trade between the countries.

According to a KCCI announced here on Tuesday, the agreement took placed the other day by a high-level business delegation led by Junaid Esmail Makda, Vice President KCCI, during their visit to India.

The prime objective of delegation to India was advocacy to enhance Indo-Pak bilateral trade and signing of cooperation agreement with Bombay Chamber to establish Bombay-Karachi Joint Chamber of Commerce & Industry.

The KCCI vice president said that KCCI & Bombay Chamber have signed the historic cooperation agreement to establish Bombay-Karachi Joint Chamber of Commerce & Industry which will prove as a vital step forward step for India and Pakistan in promoting bilateral business and economic ties.

Speaking at the occasion, Ashok Barat, President, Bombay Chamber of Commerce & Industry reiterated the need for taking effective and practical steps for boosting commercial ties between India and Pakistan.

In his comments Makda it was also a growing demand by the business communities of the two neighbouring countries that a joint body should be formed to address the visa issues viz. Multiple business visas for all cities as issued for SAARC for the businessmen of both countries.

Copyright APP (Associated Press of Pakistan), 2011