Pakistan is one of those countries which have great potential for trade with other countries: Zakaria Usman

Karachi, August 15, 2014 (PPI-OT): The President FPCCI Zakaria Usman said that Pakistan is playing leading role in different regional platforms and having their headquarters here like SAARC Chamber of Commerce, D8 Chamber of Commerce, Islamic Chamber of Commerce and Islamic Chamber of Commerce. The Chairmanship of the ECO Chamber of Commerce will be transferred to Pakistan in next month for next three years. Moreover, Pakistan is one of those countries which have great potential for trade with other countries as it has specialized in different fields like textile, surgical, sports and leather and diversifying its exports from traditional to non-traditional items.

This was stated by Zakaria Usman, President FPCCI in a meeting with Mr. Chad Peterson, Political and Economic Chief of US Consulate General, Karachi who visited FPCCI yesterday to meet the President and other office bearers of FPCCI. The meeting was attended by Shaukat Ahmed, Sr. Vice President, MAzhar Nasir, Sheikh Imtiaz Ahmed, Vice Presidents, Amjad Rafi and Sheikh Nasiruddin.

Zakaria Usman further said that the American GSP status to Pakistan has been expired since a long time but still we are waiting for the revival of the GSP status. The USA government should realized that despite the fact that Pakistan is battling terrorism and our Army is fighting a decisive battle in North Waziristan to eliminate terrorism and the country is incurring huge expenses on war against terrorism and in consequences the settlement of IDPs is created which is another big problem for us.

Moreover, we are facing shortage of energy due to which unemployment in the country has prevailed and ultimately it created law and order situation, but we have achieved our exports targets. He said that it is not understandable that why American government have not yet revive the GSP status to Pakistan.

The Political and Economic Chief of US Consulate General said that despite the fact of terrorism and problem of settlement of IDPs in view of the army operation against terrorism the economy of Pakistan strong. He said that after the airport incident in Karachi the mind setup of foreign businessmen changed which obviously shadowed negative impact of the bilateral trade of Pakistan with other countries. He further said that Pakistani fresh fruits are very famous in USA and it has big capacity to fill the need of American, EU market and Central Asian markets.

Responding to the concerns of the President FPCCI about GSP status he said that it is the discretion of American Congress to decide, however, he will strongly support the vision of FPCCI to his government.

The President FPCCI further said that the government is trying to eliminate the corruption but it is a common phenomenon in the world everywhere. The basic reason is poverty and un-employment which ultimately creates the law and order situation.

The President FPCCI said that we have good and long lasting relation with USA in all sectors and we need its help in easy market access for our products and status of GSP should be revived. He said that he is ready to remove all reservation of Congress if it is required.

For more information, contact:
M. A. Lodhi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Shahra-e-Firdousi,
Karachi-75600, Pakistan
Tel: 0092-21-35873691, 93-94
Fax: +9221 3587 4332
Email: info@fpcci.com.pk
URL: www.fpcci.com.pk

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