FPCCI signed Strategic Partnership Understanding with Commonwealth Enterprise & Investment Council in London. The MoU will open new doors of opportunities of trade & investment with 52 Commonwealth countries for Pakistani business community. Mr.Zubair Tufail, President FPCCI & Lord Marland of Odstock, Chairman Commonwealth Enterprise & Investment Council signed the MoU.
Commonwealth countries account for 17 percent of world GDP, 30 percent of world population (2.1 Billion), 25 percent of international trade and 40 percent of WTO membership. Commonwealth organization – a family of the peoples of 52 nations including 3 inter-governmental organizations (the CW Secretariat, the CW Federation and the CW of Leasing) and network of more than 80 association and societies is responsible to serve for improving people’s lives. Commonwealth member countries share 14 percent in Pakistan imports and 21 percent of Pakistan’s exports go to the commonwealth while shares 11 percent in Pakistan FDI inflow.
Mr. Pigeot, Abdul Qadir Hmza of CWEIC,Mr.Faisal Dashti, Former Vice President FPCCI & President Gwader Chamber and Mr. Mehmood Arshad, Chairman SC on Islamic Banking & Takaful were also present on the occasion.