The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has asked the business community of Pakistan to explore trade and investment opportunities in Syria. There is lot of scope for Pakistani textiles, rice, pharmaceuticals, sports goods and agricultural products in Syria, said Abdul Rauf Alam, President FPCCI.
He said this while talking to Syrian Ambassador to Pakistan Radwan Loutfi at FPCCI Capital House.
Abdul Rauf Alam said that Syria is a potential market for Pakistani products and the improvement in the overall security situation will result in opening many opportunities for Pakistani business community which will include massive reconstruction activities.
Trade with Syria might be a little risky right now but higher risks means higher profitability and our business community will surely benefit from the situation after peace is restored”, he added. He asked the Syrian Ambassador to help develop linkages between FPCCI and Syrian Apex chamber and bring a delegation of Syrian business community to Pakistan. He stressed promotion of Pakistani products and services in Syrian market, which would capture a sizeable share in that market.
At the occasion, Syrian Ambassador Radwan Loutfi ensured all out cooperation to improve trade. He said that he will try to establish linkages between the Apex chamber of his country with FPCCI. The Ambassador informed that Aleppo is the biggest industrial city of Syria where production has dropped to unrest while agricultural production has also declined and the demand is being met by imports. Syria is still the fourth largest producer of olives in the world and there is no dearth of opportunities in his country, he informed.