Ghana-Pakistan collaboration opens new avenues for Pak’s entry into $4 trillion African market

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Ghana-Pakistan collaboration

ISLAMABAD, OCT 27 /DNA/ – Ghana’s Consul General Dr. Shahid Rasheed But and Vice Consul and well-known businessman Omar Shahid Butt met Vice President FPCCI & Chairman Capital Office, Islamabad Mr. Amin Ullah Baig at Islamabad. In the meeting, they discussed the promotion of bilateral, economic, and trade relations. Mr. Amin Ullah Baig, Vice President of FPCCI and chairman of Capital Office said that Ghana is an important African country that can help Pakistan find space in the $4 trillion African market. Pakistan enjoys cordial relations with all the African States and is equally keen to build up trade & economic relations with Ghana. Pakistan and Ghana are steady trading partners and over the years, the market of Ghana has proved to be a good destination, especially for Pakistani exports. We need to maintain a consistent rise in exports to Ghana to be able to take that to at least 500 million dollars. We can easily take the level of Pakistan exports to Ghana up to 500 million by acquiring the desired share in the market of Ghana.

Mr. Amin Ullah Baig, Vice President of FPCCI and chairman of Capital Office further said that there are huge trade opportunities between Pakistan and the African nation. This should be taken advantage of along with establishing relations of brotherhood between the peoples of the two countries. Pakistan has made a lot of progress in various sectors including IT, and agriculture, and can cooperate with Ghana in these areas.

Vice President of FPCCI also called for establishing close relations between the national chambers of the two countries and said that the business community of the two countries should play its role. They should actively promote trade relations so that the economies of the two countries could improve as well as increase employment opportunities. Furthermore, he stated that Pakistan looks forward to promoting bilateral cooperation in trade, investment, and multilateral sectors with African countries, including Ghana, under economic diplomacy. Pakistan’s business community would extend all possible cooperation with Ghana’s counselors to promote bilateral trade and investment.

Honorary Consul General of Ghana in Pakistan Dr Shahid Rasheed Butt said that Bilateral relations between Ghana and Pakistan are gaining momentum as cooperation between the two countries is being extended in various fields. various Pakistani companies have started business with Ghana where investment policies are favourable and liberal just as they are in Pakistan. Ghana is fast developing with impressive GDP growth. Therefore, Ghana is actively seeking experts in every field, which represents a  golden opportunity for Pakistan, Butt stated.

Pakistan could earn substantial foreign exchange by exporting manpower to Ghana, Butt said, adding that the country offers lucrative business opportunities for the business community. Promotion of bilateral trade and economic cooperation is the need of the hour. Pakistani investors can avail benefit from pharmaceuticals, textiles, garments, tourism and others sectors in Ghana. He said that the business community of both the countries should make joint efforts to explore trade and investment opportunities. He said that the exchange of trade delegation and participation in exhibitions and trade fairs can help boost mutual trade and economic ties. He also called for direct flights between the two countries.

Omar Shahid Butt further said that Pakistan sees Ghana as an ideal destination for businesses aiming to do business in the Economic Community of West African States (ECOWAS) region. He said that many Pakistanis are already engaged in business in Ghana; the delegation representing various sectors with interests like ICT, sports, healthcare, pharmaceuticals, medical supplies, lubricants, garments, and textiles has made some deals; and they are very serious about promoting trade ties with Ghana. He said that we are trying our best to bring both countries together through enhanced trade ties. Ghana is an important African country that can help Pakistan find space in the $4 trillion African market.