Sarhad Chamber of Commerce and Industry president Fazal Moqeem Khan stated Khyber Pakhtunkhwa was a lucrative destination for local and foreign investors.
\nHe, however, linked the attracting of foreign investment with provision of special incentives and facilities to local industries and businesses under one window operation.
\nFazal Moqeem was speaking to members during the visit of Mr Dan Stoenesco, Ambassador of Romania in Pakistan here at the chamber house, according to a statement here on Thursday.
\nMeeting thoroughly deliberated on major potentials of Pakistan and Romania potentials and agreed to collaborate in diverse sectors to enhance bilateral trade between the two countries.
\nMinister Plenipotentiary Eduard Robert Preda, Head of Consular Section Cristian Stellian Coroma, and Minister\/Consul General Affairs Mr Claudiu Vasile CUCU, and Honorary Consul General of Romania in Peshawar Maqsood Anwar Qazi were amongst the team of the Romanian Ambassador.
\nMr Stoenesco stated Romania and Pakistan have established close diplomatic, economic and cultural relations, which need to be further strengthened.
\nThe diplomat said both countries\u2019 economic cooperation can be enhanced by optimal utilization of each other\u2019s potentials, launch of joint ventures and promotion of products through exhibitions.
\nSCCI senior vice president Abdul Jalil Jan, vice president Shehryar Khan, former presidents Haji Muhammad Afzal, Zulfiqar Ali Khan, ex-SVP Sanaullah Khan, members of the chamber executive committee Abbas Fuad Azeem, Ashfaq Ahmad, Sabir Ahmad Bangash, Adnan Nasir, Saddam Hussain, Saifullah Khan, Shamsul Rahim and Qurat Ul Ain, Saddar Gul, Ishtiaq Ahmad, Ashgar Khan, Naeemur Rehman, Husnain Sheraz, Ihsanullah, Syed Ejaz Ali Shah, Feroz Shah, Shahid Khan, Secretary General SCCI Muqtasid Ahsan, traders and industrialists were in attendance on the occasion.
\nMoqeem said oil and gas and other natural resources rich in Khyber Pakhtunkhwa province offered diverse avenues for local and foreign investors.
\nHe highlighted natural deposits, hydel power generation, as well as agriculture, tourism, furniture, pharmaceutical are strengths of the Khyber Pakhtunkhwa wherein huge avenues of investment available for investors.
\nThe SCCI chief stressed concrete steps to resolve problems of local industries and businesses so that foreign investors would also be encouraged to invest in potentials of K-P.
\nDiplomat said vast opportunities available to strengthen mutual cooperation between Romania and Pakistan. He said his country has established strong diplomatic, trade and cultural relations for the last several decades.
\nA large number of Pakistan\u2019s people contribute to the economic growth, prosperity and progress of Romania, Mr Stoenesco noted.
\nThe diplomat said Romania is a gateway for foreign investors to the EU market.
\nMr Stoenesco had invited the Pakistani investors to make investment in potential sectors in Romania to strengthen the mutual trade relations between the two countries.
\nThe Romania envoy agreed with proposals of SCCI members.
\nBoth sides have decided to take joint initiatives to improve bilateral cooperation in diverse sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sarhad Chamber of Commerce and Industry president Fazal Moqeem Khan stated Khyber Pakhtunkhwa was a lucrative destination for local and foreign investors. He, however, linked the attracting of foreign investment with provision of special incentives and facilities to local industries and businesses under one window operation. Fazal Moqeem was speaking to members during the visit …<\/p>\n","protected":false},"author":4,"featured_media":77713,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-77706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/77706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=77706"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/77706\/revisions"}],"predecessor-version":[{"id":77736,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/77706\/revisions\/77736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/77713"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=77706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=77706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=77706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}