SCCI, PBCS sign MoU to promote mutual cooperation in trade and investment, Joint research, exchange expertise would be carried out as per agreement
\nPESHAWAR
\nSarhad Chamber of Commerce and Industry (SCCI) and Pakistan Business Council Sharjah (PBSC) have joined hands to strengthen bilateral trade, investment and business cooperation.
\nIn this connection, a Memorandum of Understanding (MoU) was signed at the chamber house on Saturday, wherein SCCI president Fazal Moqeem Khan and PBCS Vice Chairman Aamir Hassan formally signed on documents of the agreement.
\nSenior vice president of the chamber Abdul Jalil Jan, PBCS Secretary General Salman Wisal, Muhammad Ijaz, Umar Aamir Hassan Advocate, Zahoor Khan Pajagi, SCCI Secretary General Muqtasid Ahsan, officials and others were present during the ceremony.
\nAs per the agreement, both sides would initiate joint efforts to improve the current mutual trade volume.
\nSimilarly, both parties will collaborate to enhance investment, promote bilateral trade, and strengthen institutional cooperation.
\nThey will also develop a joint framework to increase trade volume and organize capacity-building training sessions for members in the field of investment, the agreement said.
\nBesides, the SCCI and PBCS will exchange information on investment policies, regulations, procedures, incentives, and opportunities.
\nThe agreement also includes the exchange of business delegations, promotion of research activities, identification of potential investment opportunities and joint projects, as well as the exchange of technical experts.
\nIn addition, both parties will share regular updates on economic, trade, and investment developments.
\nSpeaking on the occasion, Fazal Moqeem described the agreement as a milestone in strengthening mutual cooperation in trade and economic sectors.
\nHe noted the immense potential for further collaboration between the two countries.
\nMoqeem emphasized that Khyber Pakhtunkhwa offers vast opportunities for investment in sectors such as oil and gas, hydropower generation, mining, minerals, gemstones, and other key industries.
\nHe also extended an invitation to foreign companies to invest in these sectors to help boost mutual economic and trade ties.
\nPBCS Vice Chairman also commented on the occasion, citing that collaboration will boost the bilateral economic and trade relations besides it would also become instrumental for exchange of expertise, research and highlight the potentials of the both countries.
\nLater, officials from both sides exchanged documents of the agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"
SCCI, PBCS sign MoU to promote mutual cooperation in trade and investment, Joint research, exchange expertise would be carried out as per agreement PESHAWAR Sarhad Chamber of Commerce and Industry (SCCI) and Pakistan Business Council Sharjah (PBSC) have joined hands to strengthen bilateral trade, investment and business cooperation. In this connection, a Memorandum of Understanding …<\/p>\n","protected":false},"author":4,"featured_media":85201,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-85200","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\/85200","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=85200"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/85200\/revisions"}],"predecessor-version":[{"id":85202,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/85200\/revisions\/85202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/85201"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=85200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=85200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=85200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}