Islamabad
The All Pakistan Business Forum (APBF) president Syed Maaz Mahmood inked the MoU on Friday on behalf of his association while Ambassador of Kazakhstan to Pakistan Yerzhan Kistafin represented his country. The MoU was signed to promote trade links through exchanges of business delegations for nurturing closer understanding between Pakistan and Kazakhstan.
According to the MoU, both the stakeholders would collaborate in order to improve the trade, commerce and economic relations between the two countries. They would adopt a new strategy for exchange of information relating to their respective markets. APBF president Syed Maaz Mahmood, addressing the ceremony held by All Pakistan Business Forum (APBF), said the Forum will extend full cooperation and support to strengthen trade and economic ties between Pakistan and Kazakhstan
He said that the Forum through the Embassy of Kazakhstan will arrange B2B meetings, conducting business delegation visits for sector specific match-making and interaction between development initiatives and the stakeholders. Syed Maaz while addressing said, that these activities will strengthen economic ties and support on social development.
Agriculture plays a pivotal role Pakistan’s economy survival as it accounts for around 20% of GDP. Agriculture not only furnishes food and raw material but also provide employment opportunities to a very mass proportion of population as well, He mentioned. Syed Maaz was well-intentioned to bring business leaders, chambers and associations on a united platform to endeavour for a strong and prosperous Pakistan with sustainable growth resulting in better quality of life for the people of Pakistan.
APBF has made plentiful valuable contributions to strengthen the economy and and progress of the economy. Our incessant struggle will identify and engage resourceful organizations. Entrepreneurs will create new opportunities and mutual benefits through our shared values and wisdom, Syed Maaz informed.
Ambassador of Kazakhstan to Pakistan Yerzhan Kistafin addressed in the ceremony and said that Kazakhstan Embassy is concentrated on a wide range of programs to work together with Pakistan.
Two countries have agreed to boost bilateral trade and investment through proactive approach and improved engagement. Pakistan and Kazakhstan’s two-way trade is not significant, but the MoU is a step in the right direction as it will help increase the overall volume of trade between the two countries, Ambassador added.
Yerzhan Kistafin appreciated the APBF for arranging the ceremony, aimed at promoting trade relations between Kazakhstan and Pakistan by conducting by B2B meetings and match making in various sectors.
APBF wants to diversify Pakistan exports and want to find new partners for doing business. I believe that Pakistan really has a lot of potential to promote itself, and Kazakhstan is one country which provides excellent business opportunities, he maintained.
