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Pakistan Print 2019-12-18

FPCCI chief hails PM's visit to Bahrain

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Engr Daroo Khan Achakzai has said that Bahrain is an ideal gateway to GCC; and should help Pakistan in signing of FTA with GCC whereon Pakistan is working.
Published 18 Dec, 2019 12:00am

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Engr Daroo Khan Achakzai has said that Bahrain is an ideal gateway to GCC; and should help Pakistan in signing of FTA with GCC whereon Pakistan is working.

He said that his visit will open new vistas of expanding bilateral trade and economic relations. Pakistan and Bahrain enjoy close cordial ties based on commonalities of faith, mutual trust and understanding. The economy of Bahrain is at innovative driven stage of development with per capita income US$ 25,000 and is highly dependent on service and industrial sector.

He added that Pakistan's expatriates play a crucial role in the economic development of Bahrain. While commenting on bilateral relations, he stated that the bilateral trade between both countries stood at US$ 145.6 million and the share of Bahrain in Pakistan's trade is just 0.5 percent.

The demand of agriculture commodities indicates an increasing trend in Bahrain which reflects huge potentials available for Pakistan to export agriculture commodities to Bahrain.

Copyright Business Recorder, 2019

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