ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) delegation led by its President Ahsan Zafar Bakhtawari on Monday left for Thailand to explore the business opportunities in the Thai market.
Representation of various sectors including pharmaceuticals, textiles, construction, edible oil, marble, light engineering, hospitality, retail sector, importers and exporters is present in the delegation.
The delegation will visit Thailand Chamber of Commerce & Industry to hold B2B meetings with Thai counterparts and explore business collaborations with them.
In his statement before departure, President ICCI Ahsan Zafar Bakhtawari said that Pakistan and Thailand have great potential to enhance business relations and the purpose of the visit of ICCI delegation to Thailand is to explore all untapped areas of mutual cooperation between the two countries.
He said that Thailand’s annual exports in 2022 were over US$ 285 billion and imports were around US$300 billion, but its bilateral trade with Pakistan in 2022-23 was less than US$ 1 billion. He said that both countries are doing trade in limited items and there is a need to explore new areas for trade promotion between the two countries.
Ahsan Zafar said that Pakistan can export many other products to Thailand including value-added textiles, leather goods, sports items, pharmaceuticals, surgical instruments and food products. Similarly, Pakistan can import more products from Thailand. He hoped that the visit of ICCI delegation would lead to some business partnerships between the two countries.
Ameer Hamza, Ch. Javed Iqbal, Ch. Muhammad Ali, Shahbaz Majeed Sheikh, Raja Muhammad Imtiaz, Faizan Shehzad, Akhtar Hussain, Saif ur Rehman Khan, Nasir Mehmood Chaudhry and Malik Mohsin Khalid are in the ICCI delegation.
