RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) President Raja Amer Iqbal on Wednesday said trade ties with Central Asian Republics, including Kyrgyzstan, were imperative to boost exports.
“Pakistan, Afghanistan and the Central Asian states can become a new economic zone if connected with China-Pakistan Economic Corridor (CPEC),” he said while talking to a delegation led by Speaker Kyrgyz Parliament Chynybai Tursunbekov, which called on him here.
Kyrgyz Ambassador Erik Beishembiev and Deputy Foreign Minister Azamat Usenov were included in the delegation, which is on a visit to Pakistan.
The RCCI president said CPEC was a unique opportunity for traders and investors of not only Pakistan and China but also for the entire regional countries, especially the Central Asian states.
He stressed bilateral cooperation in sectors, including pharmaceutical products, marble, rice, sports goods, textile goods and information technology.
Speaker Chynybai Tursunbekov said the purpose of their visit to Pakistan was to promote bilateral parliamentary exchanges, supplement government-to-government interaction and meeting with trade representatives to boost bilateral trade.
President Rawalpindi Chamber of Commerce and Industry (RCCI) Raja Amer Iqbal has said that China-Pakistan Economic Corridor (CPEC) is crucial for the country’s economic stability and prosperity. Talking to a group of traders at RCCI, he asked the government to set up a working group to analyze and realize maximum opportunities from CPEC. The working groups must include representatives from chambers of commerce, experts and consultants, he suggested. RCCI president added that while materializing all projects, it should be considered that new industrial zones do not affect existing businesses. A joint venture strategy including Chinese and Pakistani companies can capitalize this golden opportunity, he added. Raja said: “CPEC is a mega-development initiative and a game changer for Pakistan and the region as well. Amer said Rawalpindi is a major city that falls in the northern part of CPEC project that is why there exists a huge potential to boost trade and other business activities in the city. He urged the government to include Rawalpindi in the CPEC project due to its location.