Pakistani businessmen to explore virgin markets of Ethiopia

Pakistani businessmen to explore virgin markets of Ethiopia

KARACHI: A delegation of Pakistani businessmen will visit Ethiopia from March 5-10, 2023 to explore virgin markets of the country, which is the gateway to Africa.

Zubair Motiwala, chairman, Trade Development Authority of Pakistan (TDAP) assured to facilitate the Pakistani businessmen delegation flying to Ethiopia on March 5-10 to explore trade and investment opportunities for Pakistani businessmen.

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The TDAP chairman assured of his full support in this regard during a meeting with Honorary Consulate General of Ethiopia Ibrahim Tawab. Zubair Motiwala said the TDAP team would extend all possible support for the preparations for the delegation.

He said the TDAP would ensure participation of the prominent business community in the delegation by promoting through the authority’s different channels.

Motiwaala said there is a need for Pakistani business fraternity to explore new markets which would not only grow their own businesses but also contribute to the national economic growth.

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Honorary Consulate Tawab extended gratitude to Mr Motiwala for the assurance he had given for the delegation and also congratulated him on assuming the charge of TDAP chairman.

He said Mr Zubair Motiwala is a right person for this job as he knows the real problems faced by the business community.

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Tawab said Ethiopian businessmen are ready to welcome Pakistani Delegation that will have meetings with the Deputy Prime Minister and foreign Minister of Ethiopia along with other high level officials.

There is a huge potential of bilateral trade between Pakistan and Ethiopia, he said, while urging the Pakistani business community to join the delegation and explore virgin market of Ethiopia which is a gateway to Africa.

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“There are a lot of business, trade and investment opportunities in Ethiopia for Pakistani businessmen who can easily import tea, coffee, pulses and oilseeds from Ethiopia which has a huge demand for pharmaceutical, textile products, surgical instruments, rice, chemicals, steel and cement,” Ibrahim K. Tawab noted.

He also briefed the TDAP Chairman about the delegation which would have business-to-business and business-to-government meetings, visits to industrial areas, subsidized airfare and accommodation at 5 star hotel, grand receptions and cultural events along with full support and free local transportation from the Ethopian Government.