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CASA-1000, TAPI projects: Govt sees Asean, Central Asian Republics as new trade markets, says Dastagir

byCustoms Today Report
05/04/2015
in Business
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ISLAMABAD: Federal Minister for Commerce Khurram Dastagir, during a meeting with Dr Shamshad Akhtar, Executive Secretary of the UN’s Economic and Social Commission for Asia and the Pacific (ESCAP), has said that the government is exploring new trade markets and is looking towards the Association of Southeast Asian Nations (Asean) and Central Asian Republics (CARs) to open up new avenues for boosting economy.

Dastagir said that the conclusion of Pak-US Business Opportunities Conference, successful Trade Policy Review by the World Trade Organisation (WTO) and stable rating by Moody’s depicted that the country’s economy was improving.

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The government was also all set to expand and further strengthen trade ties with Afghanistan and CARs, he said. The recent commitment of both the governments of Afghanistan and Pakistan had injected a new hope that CASA-1000 and TAPI projects would materialise soon, bringing further economic prosperity and trade integration in the region. “The time has come to penetrate into Asean markets as well,” the minister reiterated.

Dr Shamshad appreciated the efforts of the Ministry of Commerce and offered her full support for endeavours related to sustainable development, trade and investment, social development and disaster risk reduction.

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