AGL 5.95 Decreased By ▼ -0.13 (-2.14%)
ANL 9.26 Decreased By ▼ -0.14 (-1.49%)
AVN 80.82 Decreased By ▼ -0.64 (-0.79%)
BOP 5.20 Decreased By ▼ -0.07 (-1.33%)
CNERGY 4.86 Decreased By ▼ -0.04 (-0.82%)
EFERT 81.82 Increased By ▲ 0.27 (0.33%)
EPCL 53.94 Decreased By ▼ -0.06 (-0.11%)
FCCL 14.29 Decreased By ▼ -0.11 (-0.76%)
FFL 5.93 Decreased By ▼ -0.12 (-1.98%)
FLYNG 7.44 Decreased By ▼ -0.12 (-1.59%)
FNEL 4.95 Decreased By ▼ -0.05 (-1%)
GGGL 9.18 Decreased By ▼ -0.14 (-1.5%)
GGL 16.51 Decreased By ▼ -0.19 (-1.14%)
HUMNL 6.14 Increased By ▲ 0.45 (7.91%)
KEL 2.77 Decreased By ▼ -0.02 (-0.72%)
LOTCHEM 30.81 Increased By ▲ 0.26 (0.85%)
MLCF 27.45 Decreased By ▼ -0.34 (-1.22%)
OGDC 74.27 Increased By ▲ 0.27 (0.36%)
PAEL 15.98 Decreased By ▼ -0.21 (-1.3%)
PIBTL 5.21 Decreased By ▼ -0.02 (-0.38%)
PRL 17.01 Decreased By ▼ -0.28 (-1.62%)
SILK 1.10 Increased By ▲ 0.01 (0.92%)
TELE 10.00 Decreased By ▼ -0.04 (-0.4%)
TPL 7.65 Decreased By ▼ -0.05 (-0.65%)
TPLP 19.41 Decreased By ▼ -0.36 (-1.82%)
TREET 22.72 Decreased By ▼ -0.47 (-2.03%)
TRG 146.80 Decreased By ▼ -0.55 (-0.37%)
UNITY 17.09 Decreased By ▼ -0.10 (-0.58%)
WAVES 10.33 Decreased By ▼ -0.05 (-0.48%)
WTL 1.42 Decreased By ▼ -0.04 (-2.74%)
BR100 4,330 Increased By 3.4 (0.08%)
BR30 16,296 Increased By 46.9 (0.29%)
KSE100 42,904 Increased By 23.3 (0.05%)
KSE30 15,805 Decreased By -4.6 (-0.03%)
Business & Finance

Niger plans to establish SEZ for Pakistan

  • Wants to attract investment in its landlocked western African country
  • Minister for Industries and Commerce says focus is on long-term trade relations
Published June 19, 2021
Follow us

The Niger government is planning to establish a special economic zone (SEZ) for Pakistan as it looks to attract investment and the manufacturing sector in the landlocked western African country.

The development was shared by Gado Sabo Muctar, Niger’s Minister of Industries and Commerce, during his meeting with Federal Minister for Industries and Production Makhdum Khusro Bakhtyar.

The visit of Niger's cabinet minister was aimed at building on the priorities set by Niger's Government to boost economic ties with Pakistan.

Muctar, in a statement from the ministry, said the prime focus is to set up a joint working group for exchange of experience at both policy and operational levels for setting up SEZs, so that both countries could establish long-term trade relations.

Bakhtyar in his remarks said the current Pakistani government had launched the ‘Look Africa Initiative’ which envisaged various measures to enhance trade with Africa and increase outreach to major African economies.

The federal minister said that Pakistan is willing to tap the huge potential of Niger's market through bilateral trade cooperation in fields of textile, auto industry, mining, and agriculture.

China to help inject more investment into SEZs: Asim Bajwa

He underlined the importance of enhancing economic outreach through a formal structure accompanied by regular high-level contacts, government-to-government, and business-to-business interactions. Bakhtyar proposed to form a working group on industrial cooperation under the Joint Ministerial Commission between Niger and Pakistan.

Secretary Industries and Production, Ahmed Ali Sirohry, Ambassador of Pakistan in Niger, and representative of business community of Niger and FPCCI Pakistan were also present at the meeting.

Comments

Comments are closed.

Niger plans to establish SEZ for Pakistan

Regulatory, financial issues: KE seeks intervention of Khaqan

Delegation to visit Russia for talks on oil, says Dar

PTI’s Swati arrested again

Rescuers search for missing after deadly landslide on Italian island

Tehran protests after US football body posts modified Iran flag

Resignations from assemblies: Zardari, Dar discuss scenarios in case PTI acts on its ‘threat’

FTO accuses tractor company of concealing sales transactions

Assets of Bajwa, family: ISPR terms ‘misleading figures’ a ‘nefarious campaign’

FIA stops Dawar from travelling to Tajikistan

ICCI concerned at 100bps hike in key policy rate