ISLAMABAD, Pakistan: The Niger’s Minister of Industries and Commerce Gado Sabo Muctar has said that the Niger’s government plans to establish a Special Economic Zone (SEZ) for Pakistan to attract investment and manufacturing sector from Pakistan in Niger.
In a meeting with the Federal Minister for Industries & Production Khusro Bakhtiar in Islamabad on Friday, the Niger’s minister said that the prime focus is to set up a joint working group for exchange of experience at both policy and operational level for setting up SEZs so that both Countries would establish long-term trade relations.
The federal minister said that the government of Pakistan had launched the ‘Look Africa Initiative’ during the tenure of the current government which envisaged various measures to enhance trade with Africa and increase outreach to major African economies.
While highlighting the Investment-friendly policies of government, the minister said that Pakistan is willing to tap the huge potential of Niger’s market through bilateral trade cooperation in field of textile, auto industry, mining and agriculture.
The federal minister underlined the importance of enhancing economic outreach through formal structure accompanied by the regular high-level contacts, government-to-government and business-to-business interactions.
Khusro Bakhtiar proposed to form working group on industrial cooperation under Joint Ministerial Commission between Niger and Pakistan to embark upon joint ventures related to business and trade.