Home / Knowledge / News / Textiles / Czech investors in JV with Pakistani counterparts
Czech investors in JV with Pakistani counterparts
07
Feb '08
A number of potential investors from Czech Republic are planning to visit Pakistan to have first-hand knowledge about the available business opportunities here and to initiate joint ventures with their Pakistani counterparts.

These views were expressed by two-member delegation comprising Mr Michal Jirkovsky and Ms Marie Kahounova while talking to LCCI Senior Vice President Mian Muzaffar Ali here at the Lahore Chamber of Commerce and Industry on Wednesday.

The members of the delegation informed the LCCI Senior Vice President that Czech Republic has a very large scope for Pakistani goods.

Mr. Michal Jirkovsky said that the existing volume of trade between Pakistan and Czech Republic needs a special attention and a frequent exchange of delegations.

He said that lack of information is coming in the way of bilateral trade and the Chambers of Commerce in both the countries should play role in this regard.

He said that the economic growth witnessed by Pakistan in recent years has impressed the manufacturers and investors in Czech Republic and they are now considering Pakistan the best place to make investment.

He said that there is a need to work together in order to identify possible fields of cooperation and to provide proper information to business communities of both sides.

Speaking on the occasion, the LCCI Senior Vice President, Mian Muzaffar Ali said that the current level of trade between Pakistan and Czech Republic needs more concrete steps on both sides and foremost among them is the exchange of information.

He said that to cover up that information gap, it is necessary that Chambers of Commerce of both the countries are involved in exchange of information and frequent delegations are organized on reciprocal basis besides arranging single country exhibitions.

Mian Muzaffar Ali said that Pakistan's major exports to Czech Republic include leather and textile products but these exports constitute a petty fraction of Czech's total imports of these commodities.

For instance whereas Czech Republic's total imports of leather products from the world in 2005 amounted to $ 176.1 million, Pakistan's share in these imports was only $ 3.0 million i.e. 1.7 percent.

Must ReadView All

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Textiles | On 8th Dec 2016

R&D is key to textile industry’s growth: Kavita Gupta

Research and development is the key to the growth of the textiles...

Textiles | On 8th Dec 2016

China’s economy on track to meet growth expectations

China’s GDP has grown at 6.7 per cent in the first three quarters of...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search