Fijian businesses can expect a greater co-operation with the Pakistan business community following the signing on a Memorandum of Understanding between the Fiji Chamber of Commerce and Industry and the Federation of Pakistan Chamber of Commerce and Industry.
Minister for Trade, Faiyaz Koya said this is the first step to growing relations between the two countries. He said through this MOU both, the Pakistani and Fijian Chamber of Commerce will combine efforts in promoting economic activities as well as identifying opportunities for trade, industry, services, investment whilst safeguarding the interest of the domestic stakeholders, such as the MSMEs and infant industries. He also mentioned the trade between the two countries has been limited, despite there being growth adding that commodities such as machinery, logs and fish have been exported to Pakistan whilst export from Pakistan to Fiji has been approximately $3.8 million.
Fiji Chamber of Commerce President, Doctor Nur Bano Ali says they look forward to working together for trade opportunities between the both countries and take it to another level.
“Today marks a remarkable day as the business communities in Fiji and Pakistan form a collaboration to build bilateral trade and economic relationships between the private sector, government and various stakeholders.”
“Through this MOU both, FPCCI and FCCI will combine efforts in promoting economic activities as well as identifying opportunities for trade, industry, services, investment whilst safeguarding the interest of the domestic stakeholders, such as the micro small and medium enterprises and infant industries,” Minister Koya said.
“There is potential to grow trade between Fiji and Pakistan and this MOU is establishing the business-to-business link to kick start the economic relations.”
