Fahim for promoting trade with Somalia

[Hassan6734]

Tuesday, October 13, 2009

 

ISLAMABAD: Federal Minister for Commerce Makhdoom Amin Fahim on Monday said that the government is keen on establishing bilateral trade links with countries like Somalia.

 

Talking to Minister of Trade and Tourism of Somalia, Hussein Elabe Fahiya, who called on him here, Amin Fahim expressed hope that the trade balance could be increased handsomely by addressing potential areas of trade between the two countries.

 

The commerce minister said that a business delegation from Somalia may be invited for the forthcoming Expo Pakistan 2009 in Karachi.Pakistan can also provide useful help in the construction sector of Somalia and Somalia could import rice and pharmaceuticals while Pakistan could import gums and leather from there.

 

Fahiya said that Somalia wants warm trade relations with Pakistan, and for this, they need its support.He further said that they have a common ideology for fighting extremists in both the countries. He showed concern over the existing trade volume between the two countries which is worth about $40 million.

 

It may be recalled that Somalia maintains her economy largely on livestock, remittances and telecommunications. Their principal exports are livestock hides and bananas, while imports are sugar, corn and machine goods.

[Allamagan]

At last the TFG doing some business there...

[Peacenow]

Trade with them yes but the minute any Somali sets foot in there. Be careful, you will be marked and watched by the Americans and whoever they share information with and the Pakistanis will sell you to whoever as a potential terrorist. Be very careful.

[Allamagan]

Honestly speaking, I wasn't expecting that from you, Peacenow. someone else yes! Typical Peacenow would have criticised TFG folk why on earth they doing business with muslim Pakistan when they can do it with Isreal, a lucrative one. but hey thanks at least this time you refrained from your typical muslim/arab rants

[Gheelle.T]

Poor peacenow doesn't know there are thousands of Somalis living and studying in Pakistan.

 

As for the news, it's a good start!