Islamabad: Morocco wants increased trade relations with Pakistan as the two countries have good potential to promote bilateral trade in different areas, said Mr. Mustafa Salahdine, Ambassador of Morocco during an interaction with business community at Islamabad Chamber of Commerce & Industry.
He said Pakistan and Morocco enjoy excellent brotherly relations, but trade and economic cooperation is not aligned with these good relations and we have to work more hard to improve trade as both countries are good markets for each other’s products.
He said ICCI should consider organizing an Economic Day for Morocco inviting Moroccan businessmen to explore new avenues of mutual cooperation between the two countries and his Embassy would do maximum for facilitating and making this event successful.
Mustafa Salah Din said exchange of trade delegations is another effective tool to identify trade potential and exportable products between the two countries. He said we should develop links between businessmen of both countries for achieving mutually beneficial outcomes.
He assured that Moroccan Embassy would like to work closely with ICCI to bring two countries further closer particularly on trade, commerce and economic fronts.
In his welcome address, Zafar Bakhtawari, President, Islamabad Chamber of Commerce & Industry said that Pakistan attaches great value to its relations with Morocco as it is a brotherly country located at the gateway of Africa and Europe and thus offers enormous economic opportunities.
He said both countries share a common faith, culture and understanding on all major international issues, but bilateral trade remains far below its potential.
To remedy this situation, both countries should sign agreements to enhance cooperation, especially in trade and economic sectors and facilitate their investors and businessmen to exploit all untapped areas of collaboration.
Zafar Bakhtawari said that ICCI would seriously consider organizing Economic Day for Morocco and invite a delegation of Moroccan businessmen to connect entrepreneurs of both countries. We would also arrange the visit of Moroccan business to Lahore and Karachi so that they could interact with Pakistani counterparts and explore potential areas of mutual cooperation to improve bilateral trade between the two countries, he added.