ICCI and TCCIA vow to work together for promoting bilateral trade and JVs between Pakistan and Tanzania


Islamabad, December 01 (Online): Africa was the future for the world and Pakistani investors should visit Tanzania to explore JVs and investment in order to capitalize on the emerging business and economic opportunities in the African region. This was observed by Paul F Koyi, President of Tanzania Chamber of Commerce, Industry & Agriculture (TCCIA) while addressing the business community during a visit to Islamabad Chamber of Commerce & Industry (ICCI). He visited ICCI along with a delegation of Tanzanian entrepreneurs and exchanged views with SardarYasirIlyas Khan, President ICCI and his team to promote bilateral trade and economic relations with Tanzania and Pakistan. MianAkramFarid Chairman Founder, Abdul Rehman Khan Vice President ICCI, Umar Hussain, OmaisKhattak, Muhammad Shakir, KhursheedBarlas, Khalid Chaudhry and others were also present at the occasion.
Paul F Koyi said that Tanzania was determined to promote business relations with Pakistan and that’s why despite the challenges of Covid-19, Tanzanian business delegation has come to Pakistan to interact with Pakistani counterparts in order to explore business collaborations. He said that there was a disconnection between the private sectors of both countries as for the 3 decades, no Tanzanian delegation had visited Pakistan. Therefore, more meetings and exchange of delegations were needed to know each other, build confidence and improve trade relations. He said that being agro economies, Pakistan and Tanzania have good potential to cooperate in value addition of agro products. He said both countries should set up joint working groups at government level and a Pak-Tanzania Business Council to promote long-term cooperation between the private sectors of both countries.