KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Muhammad Adrees said that Pakistan is looking for growth in Pakistani exports to Australia.
FPCCI invited the Australian High Commission Margaret Adamson. The meeting was chaired by Mian Muhammad Adrees, along with FPCCI acting Secretary General Maher Alam Khan and Dr. Ayub Maher.
President briefed that there is a Pakistan – Australia Business Council of FPCCI for mediating the trade aspects between both the countries. Pakistan and Australia are having a pleasant diplomatic relations since the independence 1947, especially in the sectors of education and agriculture. He showed his concern that despite of trade agreements between Pakistan and Australia, the exports / import volume aren’t appreciable in terms of growth analysis although Pakistan offers vast potential opportunities for Australian investments especially in the sectors of energy like hydro power and alternate energy. He stated that Pakistan is looking for growth in Australian FDIs and Pakistani exports to Australia. He concentrated on having One Country Exhibition from Pakistan in Australia. Maher Alam Khan, Acting Secretary General, FPCCI asked to have ease in visa policy for trade delegations especially for representation in fairs and exhibitions.
Australian High Commissioner. Margaret Adamson acknowledged the warm welcome by FPCCI and having an opportunity for having interaction with the members of FPCCI. She asked to increase the coordination and networking between the both countries for the better development of economic sector.
She briefed that both countries are needed to increase on budget and resource allocations for strengthening the innovative sectors and transfer of technology. She added that as per WTO, both countries have vast facilitation to enjoy the trade ease and regulations. She further added that the two countries in the past have collaborated in talks and actions on joint ventures relating to agriculture, dairy, livestock and mining; Australia provides scholarships to Pakistani students every year to study at higherlevel in Australia. She identified the sectors of Education and Agriculture for exchange of resources and to concentrate on having vocational education facilitation by Australia in Pakistan especially in the fields of Agriculture and Information Technology.