Prominent Qatari businessman and entrepreneur Abdul Rahman Mohammed M. al-Muftah has emphasised trade potential between Qatar and Pakistan, noting the current volume of trade between the two nations remained much below its true potential and could be greatly increased.
The entrepreneur said bilateral trade between Qatar and Pakistan could be enhanced manifolds if the business communities in the two countries had more frequent and established contacts.
Speaking at a press conference organised by Brighto Paints in its Lahore headquarters recently, al-Muftah said although Pakistani exports to Qatar have more than doubled in the last one year alone and trade between the two countries has increased many times in the last few years, a number of areas with great potential for investment remained unexplored.
Al-Muftah-- who’s Unique Trading Company has obtained the sole distributorship rights for the Qatar market of Pakistan’s Brighto Paints, encouraged private sector companies in the two countries to increase business-to-business contacts to boost bilateral co-operation, promote trade and enhance investment opportunities.
Al-Muftah was on a week-long trip to Pakistan on the invitation of Brighto Paints chairman, Khawaja Ijaz Ahmed Sika, and toured the city of Lahore and the adjoining industrial cities in Pakistani province Punjab, in addition to visiting key tourist attractions in northern areas of Pakistan.
Addressing the media Unique Trading Company General Manager Imran Rafique said Qatar and Pakistan enjoy distinguished economic and trade relations, which are growing fast owing to the close relationship of the leadership and peoples of the two countries.
He said that governments in both countries are keen to assist the private sector companies in realising their potential for mutual cooperation and promotion of bilateral trade and investment opportunities between the two countries.
Brighto Paints, Pakistan’s largest paints conglomerate, is also one of Asia’s largest paints and related products manufacturing companies. The company has recently entered the Qatar market where its products have had a positive reception.
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