Rise in Pak-malaysia trade

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Ma­sood Khalid, Pak­istan High Com­mis­sioner in Malaysia, has said that bi­lat­eral trade be­tween Pak­istan and Malaysia has reached US $ 2.8 bil­lion, reg­is­ter­ing a 14 per­cent in­crease last year.

“We are happy that the bi­lat­eral trade has in­creased steadily but Pak­istan’s share is only US $257 mil­lion which has tilted the bal­ance of trade heav­ily in favour of Malaysia ... we’re look­ing to bal­ance this gap by in­creas­ing ex­ports to Malaysia, es­pe­cially of rice, man­goes and beef,” he said.

Khalid said Pak­istan would also like to in­vite more Malaysian com­pa­nies to ex­pand their busi­ness to Pak­istan, es­pe­cially in the con­struc­tion in­dus­try and for ex­plor­ing un­tapped busi­ness op­por­tu­ni­ties in fields such as gems and salt in­dus­try.

He said Pak­istan was also look­ing to strengthen bi­lat­eral ties with Malaysia in ed­u­ca­tion and man­power sup­ply. “We have around 3,500 stu­dents in top uni­ver­si­ties in Malaysia and are hop­ing to in­crease it ... the ma­jor­ity of our stu­dents study in in­for­ma­tion tech­nol­ogy, en­gi­neer­ing and nat­u­ral sci­ences.” He added that there was al­ready an ef­fort be­ing made by the lo­cal Malaysian uni­ver­si­ties to pick up and groom tal­ented Pak­istani stu­dents for the lo­cal in­dus­try.

Nearly 38,000 Pak­ista­nis are work­ing in var­i­ous in­dus­tries in Malaysia, while Pak­istan was will­ing to sup­ply more skilled and semi­skilled man­power to con­trib­ute to­wards Malaysia’s de­vel­op­ment.

Khalid said, “Be­sides in­ter­est­ing places, we have many sim­i­lar­i­ties in our rich cul­ture, food and lan­guage which we can use to boost our tourism in­dus­try. “Malaysia is more ad­vanced than us re­gard­ing green tech­nol­ogy and we’re look­ing for a way to co­op­er­ate in de­vel­op­ing more green tech­nol­ogy. We have a lot of green tech­nol­ogy’s raw ma­te­rial like paddy husk.

“I would like to see more Malaysian jour­nal­ists come to Pak­istan to make the cov­er­age and vice versa. The peo­ple in both coun­tries want to know what hap­pens in each other’s re­gion. Be­sides the me­dia, I would also like to see more link­age be­tween think-tanks in both coun­tries so that we can de­velop and go for­ward to­gether.

“Our meat and beef are cheaper and Pak­istan’s re­serves of meat and beef are also suf­fi­cient. We have to work to­gether to get Malaysian ha­lal certificate and we don’t have any prob­lem sup­ply­ing ha­lal food be­cause we’re Mus­lim pro­duc­ers,” Khalid added.

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