Lot of scope for Pakistani textiles and other products in Syria

During talks with the Syrian Ambassador to Pakistan Radwan Loutfi with Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Abdul Rauf Alam at FPCCI capital House. Radwan Loutfi said that there is a lot of scope for Pakistani textiles and other products in Syria.

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 their business community will surely benefit from the situation after peace is restored, Radwan Loutfi added.

The FPCCI President Abdul Rauf Alam has urged the business community in Pakistan to explore trade and investment opportunities in Syria.

He also 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.

The Syrian ambassador in this regard ensured their complete cooperation to improve trade relation with Pakistan and that he will also 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 production fine silk and cotton fabric which has dropped to unrest, while agricultural production has also declined and the demand is being met by imports.