Sialkot: Indonesian Ambassador to Pakistan Adam M Tugio stated that there is significant untapped economic and commercial potential between Indonesia and Pakistan, news sources reported.
On Tuesday (September 14), the ambassador spoke to the local manufacturers and exporters at the Sialkot Chamber of Commerce and Industry (SCCI). He stated that the completion of the China Pakistan Economic Corridor (CPEC) project will increase Pakistan’s geostrategic prominence in the region.
Moreover, Mr Tugio noted that commerce between the Association of Southeast Asian Nations (ASEAN) and Pakistan is relatively low in comparison to China, implying that greater bilateral trade prospects await manufacturers and traders. On the occasion, the ambassador also emphasised the two nations’ cultural commonalities, particularly religion. The conference was attended by SCCI members as well as local manufacturers and dealers of the region.
The gathering was also addressed by SCCI president Qaiser Iqbal Baryar, who stated that commerce between Pakistan and Indonesia was worth USD 2.5 billion in 2018-2019, demonstrating the extent to which the potential for promoting trade between the two countries exists.
Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.
