Business community calls for closer cooperation between India and Pak | punjab | Hindustan Times
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Business community calls for closer cooperation between India and Pak

punjab Updated: Dec 08, 2014 20:38 IST
HT Correspondent
HT Correspondent
Hindustan Times
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Calling upon PHD Chamber of Commerce and Industry for further broadening the scope and influence of PITEX from regional to international level, Madan Mohan Mittal, Punjab industry minister, said he saw the trade expo growing and was hopeful that in the next few years it would be recognised internationally.

Addressing the visitors during the valedictory ceremony of PHD’s Punjab International Trade Expo (PITEX) 2014, the minister felt there should be exchange of more and more business delegations between India and Pakistan.
He appreciated the dedicated endeavours of the chamber in reviving trade and peace between the two nations.

Alok B Shriram, senior vice-president, PHD Chamber of Commerce and Industry, said the chamber’s focus was on socio-economic development of all states with the main focus on education, health, housing and infrastructure.
He said the expo was the annual flagship event, which aimed to make Amritsar a hub of international economic activity.

Earlier, Dalip Sharma, director, PHD Chamber, said the Chamber would be organising a B2B (Business to Business) for Saarc nations in Amritsar next year.

Divulging detail, Sharma said a summit of Saarc businessmen should be organised with the support of the union ministry of commerce for a dedicated and concerted interaction of the industry of the region.

He said likewise, a concurrent Industrial Expo would be organised wherein at least 150 foreign buyers would participate. “We will try that most of the products being exported or which have the potential to be exported from Punjab and north India are put up on display,” stated Sharma.

Apart from this, the PHD Chamber of Commerce and Industry should organise a Pak version of PITEX in Rawalpindi next year, he said. The expo would be held every alternate year to start with and later it might be held on annual basis, said Rupinder Singh Sachdeva, co-chairman, Punjab Committee, PHD Chamber of Commerce.

Sachdeva said during the five-day mega event, industry associations from Punjab had one-to-one B2B meetings with the representatives of visiting six chambers of commerce and industry from Pakistan. Business communities of both sides showed keen interest in opportunities available in respective countries, he added.

Awards were also distributed by the industry minister during the valedictory ceremony.