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Strengthening Bilateral Relations Through Trade
A Pakistani trade delegation, led by Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), visited Bangladesh after a 12-year gap. The historic visit aimed to strengthen bilateral economic ties and encourage mutual investments between the two nations.
High-Level Meetings to Boost Cooperation
During the visit, the delegation held discussions with Sheikh Bashiruddin, Bangladesh’s Minister for Commerce. Both sides underscored the importance of expanding trade and fostering investment opportunities.
Atif Ikram Sheikh remarked, “This marks the beginning of a new era, and Pakistan will stand by Bangladesh at every step.” The Commerce Minister of Bangladesh reaffirmed their commitment to prioritizing trade relations with Pakistan, signaling a mutual intent to deepen economic cooperation.
Visa Facilitation for Business Growth
The easing of visa policies was a significant focus of the talks. FPCCI Senior Vice President, Saqib Fyaz Magoo, welcomed Bangladesh’s decision to relax visa conditions for Pakistani nationals. He also urged the issuance of long-term visas for the Pakistani business community to encourage smoother collaboration.
In response, Bangladesh highlighted Pakistan’s reciprocal relaxation of visa restrictions for Bangladeshi nationals, further paving the way for enhanced mobility between the two countries.
Joint Efforts to Explore Trade Opportunities
Sheikh Bashiruddin stated, “We will work together to explore economic, industrial, and trade opportunities with Pakistan.” Both sides agreed to prioritize increasing mutual trade volumes and encouraging participation from Pakistani businesses in Bangladesh.
The meeting also witnessed the active participation of Syed Ahmed Maroof, Pakistan’s High Commissioner to Bangladesh, who reinforced Pakistan’s commitment to fostering stronger economic partnerships with its South Asian neighbor.
A Step Toward Regional Cooperation
This visit signifies a pivotal moment in regional trade dynamics, as Pakistan and Bangladesh look to rejuvenate their economic relationship after over a decade. The collaborative efforts are expected to unlock new opportunities for businesses and enhance trade connectivity in the region.
