KCCI & Kashgar to participate at 'My Karachi – Oasis of Harmony exhibition'

01 Jun '05

2 min read

Karachi Chamber of Commerce and Industry (KCCI) and Kashgar have signed an agreement to take part in "My Karachi - Oasis of Harmony" to be held from June 24-26, 2005 at the Expo Centre, Karachi.

Chief Representative, Kashgar Prefectural Administration, Xinjiang China, Mr. Xu Xiaoqiang stated that nearly 70 major companies, industrialists, businessmen and traders from Kashgar Xinjiang would take part in the event.

Mr. Xiaoqiang along with other delegation members urged the Chamber's President to confirm their participation and discus other related details.

Addressing members at the occasion President KCCI, Mr. Khalid Firoz said, “we have reserved an entire hall for them for displaying their products at the exhibition. This is the first time that any country has participated in such a big way in an exhibition held in Karachi.”

President KCCI said that the event aims at providing an opportunity to local and foreign investors, businessmen, industrialists and traders to further explore the business opportunities, being offered in this commercial hub of the country.

He explained that the participation of China would attract other foreign companies to take interest in investing in Pakistan, and would also improve the image of Karachi.

Mr. Firoz informed along with China the exhibition would be also attended by Bangladesh and other countries, who have been very keen on displaying their products at the KCCI exhibition.

Pakistan exports to China, which were valued at $229.1mn in the year 2001-02, have now risen to $28.3mn in year 2003-04, whereas the imports from China have increased from $575.4mn in 2001-02 to $1.14bn for the period of 2003-04.

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