South Korea in­vited to set up eco­nomic zone

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Pres­i­dent Asif Ali Zar­dari has in­vited South Korea to es­tab­lish an eco­nomic zone in Pak­istan to boost trade ties be­tween the two coun­tries. He chaired a meet­ing with South Korean rep­re­sen­ta­tives to high­light in­vest­ment op­por­tu­ni­ties for the Korean busi­ness­men and in­vestors in Pak­istan es­pe­cially in oil and gas, min­ing, trad­ing, en­ergy, IT and tele­com, food and agri­cul­ture, SMES, in­fra­struc­ture and tourism.

Pres­i­dent Zar­dari said with emerg­ing mar­ket of 180 mil­lion peo­ple, Pak­istan is a po­ten­tial eco­nomic hub in the re­gion as it was lo­cated at the cross­roads of West Asia, South Asia, Cen­tral Asia and China and pro­vided short­est ac­cess to North and South Asia through Gwadar Port. He as­sured the par­tic­i­pants that the govern­ment of Pak­istan would con­tinue to ex­tend max­i­mum fa­cil­i­ta­tion and pro­vide them max­i­mum sup­port in re­al­iz­ing their in­vest­ment ob­jec­tives.

Dur­ing the meet­ing keen in­ter­est was shown to trans­form the ex­ist­ing re­la­tion­ship with Korea into econ­omy-ori­ented equa­tion for the ben­e­fit of the two coun­tries. High­light­ing Pak-korea re­la­tions, the Pres­i­dent men­tioned land­mark in­fra­struc­ture projects com­pleted with the help of South Korean com­pa­nies and said it tes­ti­fied last­ing re­la­tion­ships be­tween Pak­istan and the Repub­lic of Korea

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