Need stressed to promote Pakistan-Vietnam bilateral trade

KARACHI: Head of Vietnam Trade Mission, Nguyen Thi Diep Ha, while showing keen interest in promoting bilateral trade with Pakistan and strengthening ties between the business communities of the two countries, has said that the trade mission will fully cooperate with Pakistani exporters, and trade exhibitions will also be organized for enhancing mutual trade.

The Head of Trade Mission, in a meeting with a delegation of Pakistan Yarn Merchants Association (PYMA) led by Senior Vice Chairman Sohail Nisar, urged that business-to-business meetings should be arranged to promote bilateral trade, and also to identify items that have wide opportunities for export & import in Pakistan and Vietnam, which will significantly help in increasing bilateral trade between Pakistan and Vietnam.

In order to materialize the great potentials of yarns and fibre businesses between Pakistan and Vietnam, and on Head of Trade Mission advice, PYMA will send delegations to Vietnam and sign an MOU with Vietnam Cotton and Spinning Association (VCOSA).

It was said that PYMA will draw the attention of Trade Authority of Pakistan (TDAP) to the importance of yarns and fibre businesses in Pakistan’s economy and exports, and for TDAP’s supports for promotional activities in Vietnam. PYMA will seek the support of the Embassy of Pakistan in Hanoi regarding the yarns and fibre businesses in Pakistan, especially in providing market information and settling business disputes. To promote business activities between Pakistan & Vietnam trade exhibitions & business meetings will also be arranged in near future.

PYMA members agreed to create maximum trade facilitation to promote trade activities between Pakistan and Vietnam. The delegation also assured cooperation in bringing the business community of the two countries closer and conducting B2B meetings. “We will play vital role in the arrival of Vietnam businessmen in Karachi and holding business meetings with counterparts, and cooperate for exhibitions in both countries”, PYMA delegation said.

Copyright Business Recorder, 2022