TPCC optimistic about economic upsurge
President of Thai-Pakistan Chamber of Commerce (TPCC) Firdos Ali has underscored the need to initiate a strong liaison between the Karachi Chamber of Commerce and Industry (KCCI) and Thai-Pakistan Chamber to assist the business communities of both countries in finding the right and reliable partners for business.
Exchanging views with KCCI Office Bearers and Managing Committee members during his visit to Karachi Chamber, Firdos Ali added that Thai businessmen have been facing immense hardship in identifying the right partners for business in Pakistan and the same must also be happening when Pakistani business community will also be looking forward to enhance trade with Thai business community. "It has been observed in numerous cases that business deals remained unsuccessful and Thai businessmen were 'robbed' by some unscrupulous elements. Therefore, in order to effectively deal with this issue, close collaboration between TPCC and KCCI is a must", he added.
President KCCI Muffasar Atta Malik, Senior Vice President Abdul Basit Abdul Razzak, Vice President RehanHanif and KCCI Managing Committee members attended the meeting.
President TPCC stressed that KCCI should exchange information about reliable businessmen and the same will also be done by TPCC in response to KCCI's inquiry about any Thai businessman, ensuring successful deals between business communities of the two countries, besides helping in building the confidence, reputation and the image of Pakistan.
While commenting on Free Trade Agreement (FTA), President TPCC said that Thai business community anxiously awaits signing of FTA between Pakistan and Thailand which was taking too long. He was fairly optimistic that the much-awaited FTA will be inked in the next four to five months which would prove beneficial for both sides.
He said that TPCC was formed in 2005 and comprises of business community members of Pakistani origin who have been living and success doing business in Thailand. As compared to KCCI, TPCC is a small chamber but it enjoys close liaison with all other Chambers in Thailand and efforts are being made to encourage Thai businessmen to become TPCC members which can be approached for any kind of assistance.
He informed that TPCC was also a member of Joint Foreign Chamber of Commerce in Thailand (JFCCT) which comprises of representatives from Chambers of Commerce around the world including UK, India, Sri Lanka, Canada and Japan etc. He advised KCCI to become member of JFCCT where business community representatives from some of the important markets gather under JFCCT umbrella to discuss matters of mutual interest. Firdos Ali further requested Karachi Chamber to arrange a visit of KCCI's delegation to Thailand which will be fully assisted by TPCC in order to make the delegation's visit successful and result-oriented.
Speaking on the occasion, President KCCI Muffasar Atta Malik assured that KCCI will look into the possibility of sharing information about credible businessmen and industrialists with TPCC in order to ensure prosperous businesses and growth in trade relations between the two countries.