ISLAMABAD
\nGovernor Sindh Kamran Khan Tessori has agreed to lead a delegation of Pakistani businessmen who was likely to fly to Ethiopia Airlines which will commence its flight to Karachi by the end of this year or January 2023.
\nThe consensus between Kamran Tessori and Ambassador Extraordinary and Plenipotentiary H.E Jemal Beker Abdula was reached during a meeting held here at the Governor\u2019s House. Both dignitaries discussed opportunities offered by both countries to each other in diverse sectors of the economy such as agriculture, health care, textile, manufacturing, mining, and information technology.
\nThe ambassador said the delegation would be inclusive and would have representation from all the sectors including manufacturing, pharmaceutical, surgery equipment, textile, agriculture, and others. He said his government had opened the economy and there were a lot of opportunities for Pakistani investors to cash in.
\n\u201cWe are producing the best coffee and tea in the world which can be exported to Pakistan at affordable rates,\u201d he remarked. He said Pakistan could also import chickpeas, oil seeds, and wheat as well.
\nLikewise, he said Pakistani businessmen could sell pharmaceuticals, rice, textiles, construction, and healthcare-related materials to the Ethiopian market. \u201cWe opened the financial sector some three months ago for foreign investment and going to launch the first-ever stock exchange to encourage foreign direct investment,\u201d the envoy noted.
\nHe said his government had announced multiple incentives for foreign investors as well as set up a one-window facility to facilitate the investors and create ease of doing business in Ethiopia. He said Ethiopia was set to become a manufacturing hub of Africa as it produced the cheapest energy close to 96.4 percent from hydro and geothermal sources.
\n\u201cWe are exporting energy to Kenya, Djibouti, and Sudan and efforts are afoot to sell the electricity to many countries and integrate through energy grid\u201d he added.
\nHe noted that currently, the trade volume between the two countries was minimal which could be boosted by establishing institutional linkages, business-to-business contacts, and people-to-people ties.
\nTo this end, he said the visit of the Pakistani businessmen delegation would play a critical role in taking the bilateral relation particularly trade to the next level.
\nGovernor Sindh thanked H. E. Jemal Beker for taking a keen interest in boosting bilateral trade between the two countries. He further said this delegation is a part of the \u2018Look Africa Initiative\u2019 that gave top priority to Ethiopia.
\nThe business trade delegation is going to be held in Ethiopia between 16-20 January 2023. To this end, the Embassy will notify the detailed programs and share them with the concerned authorities. <\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Governor Sindh Kamran Khan Tessori has agreed to lead a delegation of Pakistani businessmen who was likely to fly to Ethiopia Airlines which will commence its flight to Karachi by the end of this year or January 2023. The consensus between Kamran Tessori and Ambassador Extraordinary and Plenipotentiary H.E Jemal Beker Abdula was reached […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-296497","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n