South Korean entities vie for better economic ties with Pakistan

Lahore: The economic growth of Pakistan has impressed South-Korean companies and they are eager to establish and develop their business operations here in collaboration with their Pakistani counterparts.

These views were expressed by Speaker of South Korean National Assembly Chung Sye Kyun while speaking at the Lahore Chamber of Commerce and Industry on Wednesday.

Chung Sye Kyun said that both countries were enjoying good historic relations while a number of Korean companies were already working in Pakistan successfully. He expressed the optimism that the volume of trade between Pakistan and South Korea was bound to increase as both the governments were taking measures to get the desired results. He said that the Korean delegation had a number of high-profile useful meetings with government officials and representatives of private sector.

Provincial Minister Sheikh Alauddin said that both countries had common history and supported each other during testing times. He said that South Korea had played a significant role in economic development of Pakistan and completed many mega projects including Islamabad-Lahore Motorway. He said the government was encouraging foreign investment. Korean investors should come forward and avail this opportunity, he added.

LCCI President Abdul Basit, Senior Vice President Amjad Ali Jawa, Vice President Muhammad Nasir Hameed Khan, Provincial Minister for Industries Sheikh Alauddin and MNA Qaiser Ahmed Sheikh also spoke while Chairman TEVTA Irfan Qaiser Sheikh, Zafar Iqbal Ch, Zeeshan Khalil, Mian Abdul Razzaq, Awais Saeed Piracha, Mian Muhammad Nawaz, Tariq Mahmood, Tahir Manzoor Ch, Syed Mukhtar Ali and members of Korean Parliament were present on the occasion.

 

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