Pakistan, Egypt Agree to Form Joint Business Council
Islamabad: Pakistan and Egypt have agreed to explore the possibility of creating a Pakistan-Egypt Business Council and forging better ties between their respective ministries of finance.
During a call-on meeting at the Finance Division, Ambassador of the Arab Republic of Egypt Tarek Mohamed Dahroug and Federal Minister for Finance and Revenue Shaukat Tarin reached an agreement.
In collaboration with appropriate parties, they also studied the possibilities of expanding bilateral commerce, with an initial concentration on rice and cotton, according to a ministry of finance press release.
Both parties shared opinions on areas of mutual interest and agreed that the level of bilateral commerce was unsatisfactory and that they must collaborate to greatly increase it.
The minister added that Pakistan’s close ties with the Arab World justifies an increase in trade.
He urged that the ambassador communicate his best wishes to the Egyptian Minister of Finance, as well as his belief that the two nations should collaborate on the economic front for mutual growth and prosperity.
The ambassador thanked the minister and pledged to make steady progress toward further improving business and economic ties between the two nations.
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