Minister for Commerce, Engineer Khurram Dastgir Khan said on Tuesday that government has successfully dealt with two main challenges of terrorism and energy crisis and Pakistan was now open for business and trade.
A statement issued by the Ministry of Commerce said that Minister for Commerce who is on a two-day official visit to South Korea had back to back meetings with Chairmen and Presidents of Korean trade organizations and Korean conglomerates.
The minister also called on 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.
Khurram Dastgir also met with 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), it added.
Vice Minister of Ministry of Trade, Industry and Energy of Korea (MOTIE), Moon Jae-do also called on the Commerce Minister.
In these meetings the Minister gave an exhaustive briefing to his interlocutors informing them that the government has successfully dealt with two main challenges of terrorism and energy crisis and Pakistan was now open for business.
The 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.
The Minister would be meeting tomorrow with his counterpart 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.