Zimbabwean Ambassador Advocates for Stronger Trade Relations with Pakistan

Zimbabwean Ambassador Titus MJ Abu Basutu has advocated for stronger economic ties between Pakistan and Zimbabwe during his address at the Lahore Chamber of Commerce. He highlighted the potential for bilateral trade and cooperation, while the LCCI president noted the significance of Zimbabwe’s trade landscape and Pakistan’s capacity to meet its demands.

The Zimbabwean Ambassador, Titus MJ Abu Basutu, has called for enhanced economic relations between Pakistan and Zimbabwe to foster greater bilateral trade. During his address at the Lahore Chamber of Commerce and Industry, he acknowledged Pakistan’s support for Zimbabwe’s economic initiatives and emphasized the vital role of robust trade connections. He remarked on the potential of both countries to capitalize on each other’s strengths to unlock new business ventures.

Ambassador Basutu expressed the Zimbabwean government’s commitment to expanding relations with Pakistan and strengthening trade partnerships. He highlighted the extensive economic opportunities available in both nations, urging the private sectors and chambers of commerce in each country to engage proactively.

The President of the Lahore Chamber of Commerce and Industry acknowledged the long-standing diplomatic relations between Pakistan and Zimbabwe. He addressed Zimbabwe’s geographical challenges as a landlocked country reliant on Mozambique and South Africa for maritime trade routes. He also noted Pakistan’s growing interest in developing connections with the African continent.

Shad, the LCCI president, emphasized Zimbabwe’s trade capabilities, citing its total global exports of over $7.2 billion, against imports exceeding $9.2 billion. He posited that Pakistan possesses the capacity to fulfill Zimbabwe’s requirements for various goods, including agricultural products, pharmaceuticals, motorbikes, auto parts, and apparel.

In conclusion, the call from Zimbabwean Ambassador Titus MJ Abu Basutu for strengthening trade relations with Pakistan underscores the shared economic potential of both nations. By leveraging each other’s strengths and fostering partnerships through private sectors, they can unlock avenues for substantial bilateral trade. The emphasis on trade capabilities and the historical ties shared between the two countries further indicate a promising future for economic collaboration.

Original Source: www.thenews.com.pk