Pakistan’s economy showing positive signs: S. Korean Ambassador

South Korean Ambassador to Pakistan Mr. Choi Choong- Jee on Tuesday has said that Pakistan’s economy is showing sign of recovery that can be accelerated through consistent policies, stability, improved environment and single-minded focus on development.

He said that trade volume is increasing but it is below the actual potential that can be boosted through sincere efforts by the business community. We want to work with private sector so that this great nation can become a major trading partner of South Korea, he added.

Mr. Choi Choong- Jee said this while talking to a delegation of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) led by Hameed Akhtar Chadda. The delegation included Malik Sohail Hussain, Arif Rafique, Tariq Mehmood and Shahid-ur-Rehman.

Asking the delegation to provide sector-specific plans and help identify snags barring improved trade, he expressed resolve to contribute towards enhanced cooperation and development of Pakistan.

He said that the non-availability of appropriate trade-related information is one of the hurdles that need to be addressed. The Ambassador informed that Pakistani business community could benefit from Korean SME sector that offers great potential.

He assured support in establishing contacts between federal chambers of the two countries and promised help to Pakistani businesspersons explore opportunities in sectors like automobiles, pharmaceutical, textiles, machinery, cutlery, surgical instruments, trade fares and exhibitions.