Niger is going to establish special economic zones (SEZs) for Pakistan as it eyes to attract investment in the infrastructural sector in Africa.
On Sunday, during the visit of Gabo Sabo Moctar to the office of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) along with a business delegation from the Republic of Niger, he announced that his government is planning to establish SEZs for Pakistan.
Read more: Four SEZs to create 1.47 million jobs, boost industrial growth
Niger’s Minister for Commerce and Trade Gabo Sabo Moctar said, “There is scope of increasing bilateral trade. Pakistan’s basmati rice is excellent. Niger has a new market for Pakistani exporters. Trade with Pakistan is our priority in pharmaceuticals, agricultural inputs and other sectors.”
The major focus is to set up a joint working group for exchange of experience at both policy and operational levels for setting up SEZs, so that both countries could establish long-term trade relations.
Other members of the delegation were Minister for Investment Zakaria Wergo, Secretary Industry Abdoulaye Boubacar, prominent businessman Saleem Gado Sabo and Pakistan’s ambassador to Niger Ahmed Ali Sirohey.
All visiting delegations signed agreements with Pakistani companies to promote bilateral trade, and business-to-business meetings were also held.
Niger mulls to set up SEZs for Pakistan, FPCCI told
FPCCI former president Senator Haji Ghulam Ali and coordinator of the FPCCI capital office Mirza Abdur Rehman along with senior business leadership participated in the negotiations.
Moreover, FPCCI Chairman Qurban Ali seemed hopeful as he said that Pakistani investors and exporters would get huge opportunities for economic activity in Niger and also connect with African regional economies.
“Pakistani investors can work in infrastructure, agriculture, including textiles, pharmaceuticals, medical devices and other industries,” he added that new markets exlporation and regional trade integration are significant elements for economic and trade expansion to materialize the industrial policy.
