;
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

93% remediation in Alliance-affiliated factories complete

Textiles | On 17th Dec 2018

93% remediation in Alliance-affiliated factories complete

Remediation in all the factories affiliated with the Alliance for...

India should consider 100% FDI in multi-brand retail: CII

Apparel/Garments | On 17th Dec 2018

India should consider 100% FDI in multi-brand retail: CII

The Indian Government should consider permitting 100 per cent foreign ...

Texhong Textile acquires Winnitex for HK$1350 mn

Textiles | On 17th Dec 2018

Texhong Textile acquires Winnitex for HK$1350 mn

Texhong Textile Group, one of world’s largest core spun yarn...

Interviews View All

Yash Agarwal, Hitansh Online

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Shivani Swamy,

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

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

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search