Pak Qatar trade relations improving swiftly: FPCCI

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Staff Report

Doha

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Tariq Haleem has said that Pakistan and Qatar are enjoying good economic and trade relations which are improving fast.

He said this during a meeting held between Pakistani delegation of businessmen and Qatar Chamber panel, headed by Chairman Sheikh Khalifa bin Jassim al Thani.

He informed the meeting that Pakistan needed more than 1.2 million tonnes of LPG a year, according to a last-week report citing the Pakistan Energy Ministry. Of this, nearly 800,000 tonnes is met with supplies from local producers, leaving a shortfall nearly 400,000 tonnes, which is addressed mostly with imports from the Gulf, he added.

“We have a big requirement of the LPG. This is the gas for the poor man. If Qatar could do something, it would be a great help for Pakistan,” Tariq Haleem, told a QC panel.

The QC panel was headed by Chairman Sheikh Khalifa bin Jassim al Thani and comprised several senior officials including its first Vice Chairman Mohammed bin Ahmed bin Towaral Kuwari.

Reminding the QC officials of the Pakistan government’s recent decision to cut duties on imported LPG, Haleem said the two governments should work together to arrive at a common ground on the LPG trade.

Responding to the suggestion, Towar said, “We can do something together, with the private sectors and the governments onboard.”

Another potential area of cooperation, Haleem said, would be the China-Pakistan Economic Corridor (CPEC).

“Although the project is between Pakistan and China, it is not a closed-door affair. Qatar can join in too. It can identify potential areas of investments,” Haleem said.

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