Pakistan Can Become Regional Trade Hub: PFC CEO
Pakistan can become a regional trade hub, transforming its strategic geographic location into a pivotal corridor linking South Asia, Central Asia, China, and the Middle East, according to Chief Executive Officer of the Pakistan Furniture Council (PFC), Mian Kashif Ashfaq.
Key Points:
- Strategic Location: Pakistan's position at the crossroads of major regional markets offers vast potential in transit trade, warehousing, and logistics services.
- Government Priorities: Mian Kashif Ashfaq urged the government to prioritize developing modern transport corridors, upgrading border infrastructure, and simplifying customs procedures.
- Trade Opportunities: Enhanced connectivity with Central Asian Republics could open new export avenues for Pakistani furniture, textiles, engineering goods, pharmaceuticals, and agricultural products.
- Investment and Employment: Implementing a long-term transit strategy and digital customs systems would attract investment and generate employment across the country.
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