PR No. 201 PAK- BUSINESS BUSINESS CONFERENCE A RESOUNDING SUCCESS ….. JAVED MALIK Islamabad: September 26, 2016

The First and largest Pakistan Bahrain Business Opportunities Conference was organized by Javed Malik, Pakistan’s Ambassador in the Kingdom of Bahrain was held with resounding success in which more than 400 delegates participated which included members of the Royal family, Chairmen, CEOs and Managing Directors of leading business based in Bahrain, UAE, Qatar, Kuwait and other Gulf countries. The Conference was co-chaired by the Ministers of Commerce of Pakistan and the Kingdom of Bahrain and Presidents of FPCCI and Bahrain Chamber of Commerce were also present.  Speaking on the occasion, Ambassador Javed Malik highlighted the business, trade and investment opportunities in Pakistan and thanked the commerce Minister for Khurram Dastagir Khan for Co-chairing the conference. “We appreciate the Commerce Minister for his support and guidance, and look forward to working closely with his ministry in taking the Pakistan Bahrain economic relations to a new level”. Ambassador Javed Malik further added that “it was in line with Prime Minister Nawaz Sharif’s policy of active economic diplomacy that we took the initiative to organize the First Pakistan Bahrain Business Opportunities Conference.  It was for the first time such a huge Pakistan focused conference was organized in Bahrain or the GCC region and it has sent a very positive message to the business community that Pakistan offers some of the most lucrative trade and investment opportunities.  It also paves the way for our business communities to connect and explore new avenues of cooperation and expanding their business, trade and export horizons” said Ambassador Javed Malik. The Commerce Minister of Pakistan, Khurram Dastagir Khan in his impressive speech highlighted the various steps being taken by the government to ensure stability and progress, and create an enabling environment for businessmen and investors in Pakistan.  Special presentations were also made by Punjab Board of Investment and Trade, Sindh Board of Investment and Baluchistan Commerce Ministry in order to showcase the various opportunities in Pakistan, which were very well received by the high profile business leaders from the Gulf countries including members of the Royal family.

The Bahraini Minster of Commerce, Zayed Al Zayani, and the Chairman of Bahrain Chamber of Commerce Khalid Al Moyyed, as well as the President of Federation of Pakistan Chamber of Commerce & Industry were also present on the occasion.

Ambassador Javed Malik also Chaired a joint Meeting of Bahraini and Pakistani Businessmen on sidelines of the conference in which it was announced that Bahraini businessmen would collaborate with Pakistani Businessmen and create the Pakistan Bahrain Investment Company which would invest into projects in Pakistan. It was also announced that, a Pakistan Trade center would be opened in Bahrain in association with Bahrain Chamber of Commerce & Industry which would showcase Pakistani products that could be exported to Bahrain and the GCC region.

In order to agree a framework of cooperation, MOUs were signed between Bahrain Chamber of Commerce & Industry and Federation of Pakistan Chamber of Commerce and Industry, as well as additional MOUs  with Economic Development Board of Bahrain with both Punjab Board of Investment and Trade, and Sindh Board of Investment.

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