PESHAWAR
\nSarhad Chamber of Commerce and Industry senior vice president Sanaullah Khan stressed the need for further cementing bilateral trade and economic relations between Pakistan and Republic of Philippines.
\nThe senior office bearer said there is immense potential to enhance mutual trade between Pakistan and the Philippines.
\nHe, however, emphasized joint initiatives must be taken to benefit from each other\u2019s experiences and potentials to improve trade and economic ties between the two countries.
\nSanaullah Khan made these remarks during a visit of Maria Agnes M Cervantes, Ambassador of Philippines to Pakistan along with her other members of delegation here at the chamber house on Saturday.
\nVice president of the SCCI Ejaz Khan Afridi, FPCCI former president Ghazanfar Bilour, former vice president of the FPCCI Hanif Gohar, Honorary Consul General of Philippines in Karachi Dr Imran Yousuf, Honorary Consul General Philippines in Lahore Fahdal Sheikh, member of 10-members delegation of Philippines, former president Sherbaz Bilour, former senior vice president Imran Khan Mohmand, member of the chamber executive committee Affaf Ali Khan, Qurat Ul Ain, Monawar Khurshid, Naeem Qasmi, and Fahad Amin, and Sohail Javed, Waqar Ahmad, Saddar Gul, Faiz Rasool, Acting Secretary General Muqtasid Ahsan, Secretary Sohail Anjum, traders and industrialists were present in a large number during the meeting.
\nMaria Agnes M Carvantes while speaking on the occasion invited Khyber Pakhtunkhwa businessmen to visit the Philippines and make investment in potential sectors of the country.
\nShe said prospects for further improving Pak- Philippines bilateral trade and economic relations are brighter.
\nShe added both countries have enjoyed cordial trade, cultural and diplomatic relationships and needed to fully exploit each other\u2019s potentials and take each other\u2019s experiences to further enhance collaboration in multi-sectors.
\nDuring the meeting, a detailed multi-media presentation was given by a senior office of the embassy, highlighting the Philippines historic importance, potentials, trade volume, investment opportunities in important sectors, which was highly appreciated by participants.
\nSanuallah Khan said KP\/Peshawar is the golden gateway to Afghanistan and onward regional countries.
\nHe said KP business and trade mostly depend on trade with neigbouring Afghanistan and central Asian republic states.
\nSenior office bearer said Pak- Philippines bilateral trade volume is not a true reflection of relations between them.
\nHe said there are ample opportunities to enhance the bilateral trade volume between the two countries.
\nPointing out potentials of KP, Sanaullah said that this region is a lucrative destination for the foreign investment, stating that vast opportunities exist for foreign investors to make investment in rich mineral deposits, oil, gas, hydel power generation, tourism and other important sectors in K-P.
\nThe chamber senior office bearer stressed the need for exchange of business delegations, holding of joint trade exhibitions, taking each other\u2019s experiences and potentials to improve the mutual trade between the two countries.
\nFPCCI former president Ghazanfar Bilour also spoke on the occasion and expressed a wish to visit the Philippines with a delegation of the SCCI and explore investment avenues, which was welcomed by Ambassador Maria Agnes M Carvantes.
\nFormer FPCCI VP Hanif Gohar also addressed the meeting and highlighted the potentials of both countries that can improve the bilateral trade between Pakistan and Philippines.
\nHe said the FPCCI delegation will visit the Philippines in August and the visit will play an important role to enhance bilateral trade relations between the two countries.<\/p>\n","protected":false},"excerpt":{"rendered":"
PESHAWAR Sarhad Chamber of Commerce and Industry senior vice president Sanaullah Khan stressed the need for further cementing bilateral trade and economic relations between Pakistan and Republic of Philippines. The senior office bearer said there is immense potential to enhance mutual trade between Pakistan and the Philippines. He, however, emphasized joint initiatives must be taken […]<\/p>\n","protected":false},"author":2,"featured_media":416927,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-416905","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n