Textile, rice processing, pharmaceutical, agriculture sectors: Pakistan, Nigeria agree to promote cooperation

February 08, 2014

Pakistan and Nigeria agreed to promote co-operation in textile, rice processing, pharmaceutical, agriculture and other sectors. This was agreed during a meeting between Punjab Chief Minister Muhammad Shahbaz Sharif and Nigerian High Commissioner in Pakistan, Dauda Danladi here on Friday. The High Commissioner called on the Chief Minister and matters of mutual interest and promotion of bilateral relations were discussed in the meeting.

Provincial Minister for Agriculture Dr Farukh Javed, Minister for Industry Muhammad Shafique, Secretary Agriculture, Secretary Industry and Vice Chairman Punjab Investment Board were also present on the occasion. Talking to the Nigerian High Commissioner, Shahbaz Sharif said Pakistan and Nigeria have strong friendly relations and there is a need to increase the volume of trade between the two countries. He also said there should be exchange of trade delegations between Pakistan and Nigeria as the two countries can promote trade relations through investment. “Pakistan is ready to promote co-operation with Nigeria in textile, pharmaceutical, rice processing and agriculture sectors and a high level delegation of Punjab government will soon meet Nigerian authorities to finalise measures for promoting mutual trade and investment,” he added.

According to him, due to business-friendly policies of Pakistan Muslim League-N’s government, investment is increasing in the country while trade and economic relations are strengthening with the friendly countries. The government has provided a favourable atmosphere for investment and special facilities are being extended for investment in various sectors due to which confidence of investors has been restored. There are longstanding relations between Pakistan and Nigeria and they should promote bilateral trade, investment and economic ties.

He said Pakistan has an important place in agriculture, textile and livestock sectors and is ready to promote co-operation with Nigeria in these sectors. “Exchange of trade and industrial delegations between Pakistan and Nigeria is of vital importance, as it will strengthen economic and trade ties between the two countries,” he added. The Chief Minister directed the Punjab Investment Board to formulate a consolidated plan for promotion of co-operation with Nigeria in textile, pharmaceutical, rice processing, agriculture and other sectors and recommendations be submitted as soon as possible so that economic and trade ties between the two countries could be further strengthened.

While speaking on the occasion, Nigerian High Commissioner Dauda Danladi said Nigeria attaches high importance to its relations with Pakistan. He said Pakistan and Nigeria have deep-rooted friendly ties and co-operation in trade and investment should be promoted between the two countries. “Pakistan and Nigeria are members of OIC, Commonwealth and D-8,” he added.

He expressed the desire to promote co-operation with Pakistan in textile, rice processing pharmaceutical and agriculture sectors. He said Pakistan, especially Punjab, has made rapid progress and Chief Minister Shahbaz Sharif has executed a number of development projects for the welfare of the people. “The efforts made by the Chief Minister for the welfare and prosperity of the masses have been appreciated at every level. The metro bus project is a splendid gift to the people and execution of this project in a very short time is no less than a miracle. Shahbaz Sharif has indeed set new record of public service through his hard work and determination,” he added.Business Recorder

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