Belarusian companies visit ICCI to explore development of business cooperation - Fnni.org

Belarusian companies visit ICCI to explore development of business cooperation - Fnni.org

Islamabad (FNNI) A delegation of Belarusian big companies led by Mr. Vladimir Ulakhovich, Chairman, Belarusian Chamber of Commerce and Industry visited Islamabad Chamber of Commerce and Industry to explore development of business and economic cooperation with Pakistan More »

Google’s DeepMind Is Improving Its Human Speech Abilities

Google’s DeepMind Is Improving Its Human Speech Abilities

With the growing use of virtual personal assistants such as Google assistant, Apple’s Siri, Microsoft’s Cortana and Amazon’s Alexa, AI speech itself as well as the language it uses is becoming more and more important. Currently, More »

Nats’ Stephen Strasburg Relieved by Elbow Diagnosis

Nats’ Stephen Strasburg Relieved by Elbow Diagnosis

WASHINGTON — He isn’t out of the woods yet, but Washington Nationals ace Stephen Strasburg is already breathing a sigh of relief after arm troubles knocked him out of his first start back from injury. More »

CM FELICITATES PAKISTANI CRICKET TEAM-Fnni.org

CM FELICITATES PAKISTANI CRICKET TEAM-Fnni.org

LAHORE ( FNNI ) CM Punjab M. Shehbaz Sharif has felicitated Pakistani cricket team on winning the second one-day match and the series against West Indies. In a message of felicitation, the CM said that Babar Azam played an important role in the victory in the second one-day match and deserve credit for his second consecutive century. More »

Turkish delegation visits ICCI to explore business collaborations- Fnni.org

Turkish delegation visits ICCI to explore business collaborations- Fnni.org

Islamabad (FNNI ) A delegation of MUSIAD visited Islamabad Chamber of Commerce and Industry led by Vice Chairman for Fair, Forum and Organization Commission Omur Yildiz and discussed possibilities for further enhancing business collaborations between the private sectors of Turkey and Pakistan. More »

 

Spade work has been initiated to enhance the trade volume between Pakistan and Belarus up to one billion US dollar – Fnni.org

FAISALABAD (FNNI) Spade work has been initiated to enhance the trade volume between Pakistan and Belarus up to one billion US dollar and in this connection the central banks of both countries have already inked Memorandum of Understanding (MoU) and now steps are being taken to open bank branches accordingly, said His Excellency Mr. Andrei Ermolovich Ambassador of Belarus.

 Addressing the members of the Faisalabad Chamber of Commerce and Industry (FCCI) here today, he said that two countries are enjoying good diplomatic and economic relations and its 100 percent credit goes to Prime Minister Nawaz Sharif and President of Belarus Mr. Alexander Lukashenko. He said that under their instructions various institutions are taking necessary measures to achieve this objective. He said that initially various sectors have been identified in which bilateral cooperation could be enhanced. “Among these sectors include industrial, agricultural, textile, pharmaceutical and other sectors in which there was huge untapped potential for the benefit of two countries”, he added.

FAISALABAD, President Faisalabad Chamber of Commerce and Industry Engineer Mohammad Saeed Sheikh along with SVP Rana Sikandar-e-Azam and VP Engineer Ahmed Hasan is presenting FCCI shield to Mr. Andrei Ermolovich Ambassador of Belarus.  Mrs. Tatiana Kazimirskaya and Mr. Jurabek Kirgizbekov Representative of the Belarus Chamber of Commerce and Industry is also seen in the picture.a

Continuing, Mr. Andrei Ermolovich said that banking system is the prerequisite to undertaking major bargains and in this connection, a mutually acceptable banking system is being evolved with the active cooperation of central banks of two countries. He also mentioned the importance of bilateral trade delegations and told that business community of Pakistan should actively participate in different trade exhibitions and fairs being organized in Belarus. He told that Belarus was organizing an agricultural and textile fair during this year and Pakistani exporters must participate in it. He termed University of Agriculture (UAF) Faisalabad as a prestigious and world-class educational and research institution and Belarus intends to sign MoUs between UAF and NTU (National Textile University) with the respective universities of his country. He told that he has handed over a draft of MoU to the Vice Chancellors of these universities and hopefully these MoUs would be inked during this year. He said that Belarus is technologically developed country and its trucks and agriculture appliances are acknowledged all over the world. He said that in Pakistan only 10 percent cultivation is made through machines and with enhanced use of agricultural appliances Pakistan could increase its productivity manifold.Mr. Jurabek Kirgizbekov representative of Belarus Chamber of Commerce and Industry told that his country could help Pakistan in the production of powdered milk, ice cream, yogurt, animal husbandry and canned products. He told that Belarus in included in a five-country alliance which had no well-marked boundaries. He said that Pakistani exporters could establish their warehouses in Belarus and from there; they could make exports to these surrounding countries without any additional customs duty or taxes. Similarly, visa issued by one country is also acceptable in all the five countries. Hence, we have to take extra care while issuing visas for Belarus. He further told that many international airlines have flights to different central Asian states and we are also considering starting direct flights between Pakistan and Belarus. He said that Pakistani exporters should participate in the exhibitions in Belarus as it will help them to cultivate good relations with their counterparts in Belarus.Earlier, in his welcome address, President FCCI Engineer Mohammad Saeed Sheikh said that Faisalabad is the third largest city in Pakistan while it is second in revenue generation.

He told that FCCI has more than 5000 members within its fold who belong to almost all segments of industry and trade. He told that textile is the main strength of Faisalabad and hence it is publically known as the textile capital of Pakistan.

Continuing, Engineer Mohammad Saeed Sheikh told that Pakistan and Belarus are enjoying good diplomatic and economic relations. He told that volume of our bilateral trade was around 63.6 Million Dollars during 2016. Pakistan made exports worth 13.28 Million to Belarus while imports from Belarus stood at 50.28 Million US Dollars during the same period. Thus the balance of trade is in favor of Belarus, he added.

He particularly mentioned fourth Joint Trade & Business forum of Pakistan and Belarus in which many agreements and MoU’s were inked and said that Prime Minister Muhammad Nawaz Sharif was optimistic in view of these agreements that our bilateral trade will grow steadily up to one Billion Dollars. He further told that there are also vast prospects of joint ventures in textile, agro-based industry, heavy machinery, automotive, leather goods and information technology.

He stressed the need for the exchange of trade delegations and regular organization of exhibitions to give a quantum jump to the bilateral trade. He floated a proposal that Belarus government should allow Pakistani exporters to establish their warehouses in Belarus.

He asked the ambassador to facilitate FCCI trade delegation to Belarus for an extensive interaction with the business community of Belarus.

 Two separate documentaries of FCCI and Belarus were screened while vice president Engineer Ahmad Hasan, Muhammad Sultan, Chaudhary Muhammad Asghar and Engineer Ahsan took part in the question answer session.

Later, President FCCI Engineer Mohammad Saeed Sheikh presented FCCI shield to Mr. Andrei Ermolovich ambassador of Belarus. Similarly, Vice President Engineer Ahmad Hasan presented a crest to Madam Tatiana Kazimirskaya while SVP Rana Sikandar Azam also presented a memento of FCCI to Mr. Jurabek Kirgizbekov Representative of the Belarus Chamber of Commerce and Industry.

SVP Rana Sikandar Azam also offered a vote of thanks to the participants while Ambassador of Belarus presented gifts to Engineer Mohammad Saeed Sheikh.

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