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Monday October 28, 2024

Minister, Ghana envoy discuss boosting trade ties

By Our Correspondent
May 31, 2024
Minister for Industries and Commerce Chaudhry Shafay Hussain presents a souvenir shield to Vice Consul General of Ghana Omar Shahid Butt in this image on May 30, 2024. — Facebook/Chaudhry Shafay Hussain
Minister for Industries and Commerce Chaudhry Shafay Hussain presents a souvenir shield to Vice Consul General of Ghana Omar Shahid Butt in this image on May 30, 2024. — Facebook/Chaudhry Shafay Hussain

LAHORE: Vice Consul General of Ghana Omar Shahid Butt met Minister for Industries and Commerce Chaudhry Shafay Hussain in the committee room of the Punjab Board and Investment and Trade.

During the meeting, discussions were held on increasing bilateral trade cooperation. CEO Punjab Investment Board Jalal Hassan was also present in the meeting. Speaking on the occasion, Shafay Hussain said that there is a need to promote mutual relations to increase trade volume between Pakistan and Ghana. There is vast scope for foreign direct investment in Punjab and Pakistan, he said and added that the best incentives have been given to the investors in the industrial estates of Punjab.

Ghanaian investors can invest in industrial estates of Punjab. A garment city is also being built on an area of 2 thousand acres in Punjab, the minister said. He said that mutual trade can be promoted by exchange of trade delegations. It is also important to increase the relations between the Chambers of Industries and Commerce on both sides. There is scope for increasing trade with Ghana, for which practical steps are needed.

Vice Consul General of Ghana Omar Shahid Butt said that there are vast opportunities for the export of Pakistani textiles in Ghana. Punjab and Ghana can cooperate in mining and farming sector.

Punjab skill policy draft ready

A draft of skill policy has been prepared and will be presented in the upcoming provincial cabinet meeting for approval. After that the skill policy will come into effect. This was informed by Minister for Industry and Commerce Chaudhry Shafay Hussain during his visit to the office of Punjab Skills Development Authority (PSDA) here on Thursday. During the visit he reviewed the working of the institution. PSDA DG Sahibzadi Wasima Umar gave a briefing on the working of the institution and the future plan of action.