SCCI, APC sign MoU to boost bilateral trade ties

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) and the Australia Pakistan Chamber (APC) have signed a memorandum of understanding (MoU) to strengthen bilateral trade relations, exchange of business delegations and take full benefits from each other experiences.

The agreement was signed by SCCI President Engr Maqsood Anwar Pervaiz and APC President Muhammad Asif during a ceremony held at Pakistan Consulate Office in Sydney, said a press release issued here on Thursday. SCCI President Engr Maqsood Anwar Pervaiz is currently on a visit to Australia.

Muhammad Ashraf, the Pakistani Consul General to Australia, Asadullah Jatoi, Trade Development Officer, Joint Secretary, Sarfaraz Aslam, Mohammed Abid, Treasurer, Rizwan Rana and Altaf Khan, members of the APC were present during the signing ceremony.

Speaking on the occasion, Engr Maqsood Pervaiz said that the agreement between SCCI and APC was a landmark initiative, which would boost bilateral trade and strengthen economic relations between Pakistan and Australia. He thanked the APC for hosting luncheon ceremony and praised the cooperation of Pakistani consulate in bolstering mutual trade and economic ties between the two countries.

He hoped that the agreement between the two chambers would play an active role in taking full benefits from potentials in Pakistan and Australia as well as address common challenges being faced by the business community of the two countries. Earlier, Consul General of Pakistan Mohammad Ashraf in his address urged the Pakistani business community to actively seek opportunities in Australia and offered his services to promote the Pakistani businesses in the local market place.