Arab Today, arab today pakistani ambassador lauds bilateral economic relations with kuwait
Last Updated : GMT 17:00:46
Arab Today, arab today
Arab Today, arab today

Pakistani Ambassador lauds bilateral economic relations with Kuwait

Arab Today, arab today

Arab Today, arab today Pakistani Ambassador lauds bilateral economic relations with Kuwait

Kuwait - KUNA

Pakistan\'s Ambassador to Kuwait Iftekhar Aziz has praised his country\'s bilateral economic relations with Kuwait, noting that they have always been historical and distinctive. \"Indeed, Kuwait\'s relationship with Pakistan dates way back to history, especially in trade and economy fields,\" the Pakistani Ambassador told KUNA in an interview at the embassy headquarters, adding that \"when trade used to take place between Kuwait and Indian subcontinent countries, Karachi would be the first stop for Kuwaiti sailing ships.\" He was alluding to Kuwaiti ancestors\' sea commercial activities, in the pre-oil times early last century, when they used to trade and trasnport commodities aboard wooden dhows. Aziz indicated that there is currently a phenomenal scope of mutual cooperation between Islamabad and Kuwait in fields of economy, science, technology, medical, and education, adding that there is also a cultural cooperation and scholarship exchanges between the two states in areas such as arts, Islamic law (Shari\'a) and military defense. \"Pakistan has one of the best defense services in the world as far as army and air force. We have been providing scholarships to people from GCC countries not only in defense services, but also in other fields as well,\" he explained, affirming that \"Pakistan is still ready, willing, and committed to provide educational facilities to its Kuwaiti brothers and sisters.\" He expressed his hope that bilateral relations would be strengthened and witness further progress, also wishing that the Kuwaiti authorities grant further facilities for visa-seeking Pakistani citizens. On the other hand, he noted the upcoming unprecedented Asia Cooperation Dialogue (ACD) summit, to be held in Kuwait in October, would be very significant, pointing out that this initiative was proposed by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah last year. \"I hope that this first summit of the ACD would translate into a regular dialogue of all Asian countries at the highest possible level. Until now, it has only been an event where member-states would discuss regional and Asian problems and issues,\" said Aziz. \"Forums such as the ACD would help evolve a platform for Asian countries to be able to speak with one voice in international affairs. We are very thankful to the vision of HH the Amir for proposing this kind of event,\" he added. On the upcoming 7th Expo Pakistan 2012, one of the country\'s biggest trade fair to be held in Karachi between October 3rd and 7th, Ambassador Aziz said that this annual event would primarily showcase the export potential of Pakistan, as well as the largest collection of Pakistan\'s export merchandise and services. He indicated that the success of last year\'s fair, Expo Pakistan 2011, was manifested by the participation of a large number of local and international investors who settled business deals estimated at USD 518 million, compared to USD 80 million the year before. \"The Expo aims to inform the general public that Pakistan has been and continue to do business with people from all over the world,\" Aziz said, adding that Kuwait has been a regular participant at this exhibition, mostly through its private companies. \"Primarily, Kuwait is an importer of all sorts of products and materials from all over the world. If we could collaborate our efforts together, we can then provide the facilities for Kuwaiti investors in Pakistan not only to invest, but also to export the products from Pakistan to Kuwait, Gulf, and other places in the world,\" said the Ambassador. He said that this year\'s Expo will witness participation of 12 Kuwaiti companies specialized in food products, fisheries, meat, engineering, industrial items, carpets and textiles. In the same context, the Pakistani diplomat pointed out that volume of trade exchange between the two countries has crossed over USD 3.5 billion, mostly in crude oil imports from Kuwait, noting at the same time that Kuwait Fund for Arab Economic Development (KFAED) has also been very active in investing in Pakistan for the last 20 years, especially in infrastructure and energy projects. \"Primarily we are importing crude oil from Kuwait, but as far as Pakistani exports to Kuwait; they are mainly food products and ingredients, textile products, industrial and engineering items, carpets and some construction materials,\" Aziz said, adding that the total Pakistani marine exports, such as fish and sea food, to Kuwait come in the vicinity of USD 8 to 10 billion. He disclosed that there is an ongoing current negotiation of a possible free trade agreement between Pakistan and GCC countries, adding that \"Kuwait has been very kind in indicating its support for this initiative.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pakistani ambassador lauds bilateral economic relations with kuwait Arab Today, arab today pakistani ambassador lauds bilateral economic relations with kuwait

 



Arab Today, arab today
Arab Today, arab today Ideen Belmahdy happy to be part of “ Fashion Star”

GMT 17:00 2017 Sunday ,26 February

Ideen Belmahdy happy to be part of “ Fashion Star”
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 14:44 2017 Saturday ,25 February

China overtakes US as Germany’s top trade partner

GMT 05:53 2017 Saturday ,25 February

Global sovereign debt to hit new all-time high

GMT 05:17 2017 Saturday ,25 February

Oil world cautious on Trump’s next move

GMT 09:59 2017 Friday ,24 February

Baidu revenue slips anew amid ad clampdown

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday