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Khurram stresses for trade liberalization in ECO countries

Published March 3, 2017 Updated March 3, 2017 10:30am

imageISLAMABAD: Minister for Commerce, Eng Khurram Dastgir Khan on Friday stressed the need for trade liberalization and for resolving VISA issues in Economic Cooperation Organization (ECO) countries for enhancing the trade volume.

"We need issues to be resolved pertaining to VISA, Customs facilitation, arbitration and also for maintaining mutual recognition standards to triggers the trade activities between the ECO countries, he said while addressing to ECO Chamber of Commerce and Industry meeting of Specialized Committee of ECO- CCI and 22nd Executive Committee here in Pakistan Federation of Chamber of Commerce and Industry (FPCCI) headquarter.

These non-trade barriers were huge obstacle in trilateral trade and deeper integration to be converted as nation in ECO countries.

Khurram said that regional trade and investment in ECO countries would must for sharing prosperity and economic development.

He assures that Pakistan is a peaceful country and becoming more peaceful for achieving the goals of economic development and prosperity.

He said that because of strategic planning from current regime, energy crisis soon to be resolved, adding that in coming years of 2018, energy issues would be settled.

Current government is addressing the issue of energy and doing work on gas and solar power in this regard.

Pakistan Stock Exchange (PSX) has been performing well and country's foreign reserves reaching at all time $ 23 billions, he said.

He was of the view that Pakistan is to be reconnected the world through China Pakistan Economic Corridor (CPEC),adding that mega project would provide huge opportunity to ECO countries for enhancing mutual trade.

He said that CPEC is prime project of connectivity, which give opportunity for trilateral trade through Gawadar port, rail ,road and air link with the world markets.

After the completion of CPEC vibrant private sector to play pivotal role to achieve the target of mutual trade between ECO countries, adding that which also proved as engine of growth.

Khurram Dastgir said that democracy in Pakistan is now stable, which support to evolve system and sound policy for economic development.

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Khurram stresses for trade liberalization in ECO countries

ISLAMABAD: Minister for Commerce, Eng Khurram Dastgir Khan on Friday stressed the need for trade liberalization and for resolving VISA issues in Economic Cooperation Organization (ECO) countries for enhancing the trade volume.

"We need issues to be resolved pertaining to VISA, Customs facilitation, arbitration and also for maintaining mutual recognition standards to triggers the trade activities between the ECO countries, he said while addressing to ECO Chamber of Commerce and Industry meeting of Specialized Committee of ECO- CCI and 22nd Executive Committee here in Pakistan Federation of Chamber of Commerce and Industry (FPCCI) headquarter.

These non-trade barriers were huge obstacle in trilateral trade and deeper integration to be converted as nation in ECO countries.

Khurram said that regional trade and investment in ECO countries would must for sharing prosperity and economic development.

He assures that Pakistan is a peaceful country and becoming more peaceful for achieving the goals of economic development and prosperity.

He said that because of strategic planning from current regime, energy crisis soon to be resolved, adding that in coming years of 2018, energy issues would be settled.

Current government is addressing the issue of energy and doing work on gas and solar power in this regard.

Pakistan Stock Exchange (PSX) has been performing well and country's foreign reserves reaching at all time $ 23 billions, he said.

He was of the view that Pakistan is to be reconnected the world through China Pakistan Economic Corridor (CPEC),adding that mega project would provide huge opportunity to ECO countries for enhancing mutual trade.

He said that CPEC is prime project of connectivity, which give opportunity for trilateral trade through Gawadar port, rail ,road and air link with the world markets.

After the completion of CPEC vibrant private sector to play pivotal role to achieve the target of mutual trade between ECO countries, adding that which also proved as engine of growth.

Khurram Dastgir said that democracy in Pakistan is now stable, which support to evolve system and sound policy for economic development.

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