RCCI to organize conference on Friday to promote trade linkages among ASEAN

District

RAWALPINDI:The Rawalpindi Chamber of Commerce and Industry (RCCI) will organize a Business Opportunity Conference(BOC) in Bangkok, Thailand, on August 19.

According to a statement issued here, the conference’s objective was to enhance trade links between the Association of South East Nations (ASEAN) countries and bring the business community and private sector closer to Pakistan and Thailand.

The BOC will also help to improve bilateral trade and connectivity and attract foreign direct investment (FDI) in the country.

Nadeem Rauf, the chamber president, has given the details and said that the business conference was being organized on the sidelines of the thirty-fourth achievement awards organized by the chamber.

About 150 businessmen, institutions and government representatives from Thailand, including Pakistan, were participating in the conference, he said.

Nadeem added that B2B meetings on the sidelines of the conference would be held as local Chambers had shown great interest in meeting with Pakistani businessmen.

He added that the memorandum of understanding (MoU) would also be signed between the two countries business communities, chambers of commerce and business organizations.

The President said that the Rawalpindi Chamber has always been pushing for the promotion of regional trade, adding the business conference and awards were held in Malaysia in 2019 .

Nadeem Rauf said that the share of ASEAN countries in world trade was close to 25 per cent and both Pakistan and Thailand, being members of ASEAN, have brotherly relations.

He added that there are vast opportunities for mutual trade in many sectors, including tourism, automobile, construction, seafood, apparel, marble and medicines.

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