Pakistan is set on the roadmap to progress and prosperity. Given the trends that are following in the country regarding the IT sector and trade, it is safe to assume that businesses will bloom in the future. From the visit of Bill Gates to Pakistan to the opening of a Digital City in Haripur, the road to the future-ready country is being paved. It is not just the digital sector that is getting the boon. Pakistan’s international trade with other countries is also improving. An example of this is the fact that Malaysia has shown keen interest in boosting trade with Pakistan.
The matter was discussed by the business community of Khyber Pakhtunkhwa (KPK) in a meeting with the High Commission of Malaysia Charge Deddy Faisal Ahmad Salleh. The community urged the concerned authorities to simplify the visa-issuance process. The purpose behind making the process easy is to boost bilateral trade and economic relations with Malaysia. During this meeting, the traders urged Salleh to leverage the trade opportunity and reap the full benefits of the trade agreement signed between the two countries. It is worthy of mention that the signing of the free trade agreement between the two countries led to improvement in relations and trade between Pakistan and Malaysia.
A collaboration between the two Muslim countries can enhance trade on every level. An example of the trade benefits would the massive boost in the shares in International Halal Food Market for both Pakistan and Malaysia. In light of the mutual trade benefits, the Malaysian High Commission in Pakistan will launch the e-visa facility. This step is taken to ease the process of online issuance of visas. Salleh further explained that the country had always taken steps to facilitate foreign trade. He ensured that full support will be extended to traders and exporters associated with the honey sector of Pakistan.
From the bigger picture perspective, the trade between Malaysia and Pakistan would bode well for both countries. This also speaks volumes about Pakistan’s potential for attracting foreign investors. Bolstering trade ties with Malaysia will open further doors that will generate potential business opportunities in Pakistan.