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ROK keen to raise imports from Pakistan: top Pak official

Aug '19
Pic: Shutterstock
Pic: Shutterstock
Pakistan is ready to welcome South Korean investors and businesses, prime minister’s adviser on commerce, textile, industries and production and investment Abdul Razak Dawood has said. South Korea imports $535 billion worth goods annually that offers a huge potential for Pakistan, Dawood, who recently visited the country to assess that market, said.

The private sector delegation from Pakistan led by Dawood included top players from the textile sector.

The Korea Importers Association (KOIMA) is keen to enhance imports from Pakistan, Pakistani news reports quoted the adviser as saying.

He informed KOIMA members about the business reforms that are under way in Pakistan and how these reforms are attracting global attention from investors and businesses.

The visit also focussed on enhancing South Korean investment in Pakistan.

KOIMA chairman Hong Kwang Hee stated that Pakistan is becoming an important destination for South Korean imports and the association believes the Pakistani market could be tapped for cheaper imports to their country. (DS)

Fibre2Fashion News Desk – India

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