Minister for Commerce Engr Khurram Dastgir Khan, who is on a two-day official visit to South Korea, had back to back meetings with Chairmen and Presidents of Korean trade organisations and Korean conglomerates including Executive Vice Chairman of the Korea Chamber of Commerce and Industry (KCCI), Chairman of Korea Importers Association (KOIMA), Director of Asia-Pacific, Africa and Middle East Group and Director of Overseas Policy Coordination team of Hyundai Motor Group, CEO of ECOONE, Chairman of Lotte Group, Chairman and CEO of Korean Air and Chairman and President of Korea Trade Insurance Corporation (K-sure).
Moon Jae-do, Vice Minister of Ministry of Trade, Industry and Energy of Korea (MOTIE) also called on the Commerce Minister. According to an official press release, in these meetings the Minister gave an exhaustive briefing to his interlocutors, informing them that the government of Prime Minister Mohammad Nawaz Sharif has successfully dealt with two main challenges of terrorism and energy crisis and Pakistan was now open for business.
Minister underlined the government’s far reaching measures of regional connectivity especially through China-Pak Economic Corridor and the tremendous business opportunities it was creating for foreign businesses of which Korea could also take advantage. Korean corporate and business leaders deeply appreciated and thanked the Minister for briefing them and expressed keen interest in boosting trade and investment ties with Pakistan. Minister will meet on Wednesday (today) with Minister of Trade, Industry and Energy, Yoon Sang-jick, in which the entire gamut of economic relations between the two countries would be discussed including the commencing of feasibility study on FTA.