PID

PR No. 8 Islamabad: October 3, 2017

Mr. Cao Quoc Hung vice Minister of Industries and Trade of Vietnam called on Federal Minister for Industries & Production Ghulam Murtaza Khan Jatoi today in his office.

Federal Minister for Industries and Production Rais Ghulam Murtaza Khan welcomed the delegation and stated that this visit is reflective of the increasing ties between Pakistan and Vietnam and will certainly provide impetus to further expand bilateral relations in various sectors especially economic, trade & commerce, investment and other areas of mutual interest.

Federal Minister for Industries & Production Ghulam Murtaza Khan Jatoi said Pakistan is strategically located at a regional hub with abundant land and natural recourses, strong human resources, large and growing domestic market well establish infrastructure and legal system. Foreign investors are allowed to hold 100 percent equity and enjoy tax concessions.

The two countries have immense potential for economic and commercial relations and the current trade volume could be substantially enhanced, added the Minister. The Minister further said that Pakistan offers excellent opportunities for foreign investors Special Economic Zones. Pakistan has recently introduced the Auto policy and Vietnam can get benefit from that policy by investing in Auto sector in Pakistan.

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