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dna special: Gujarat business body signs MoU with Pakistan counterpart

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Even as the prime ministers of India and Pakistan indulge in a war of words and the chief minister of Gujarat, Narendra Modi, refuses to let go any opportunity to recount the transgressions of the neighbouring country, businessmen in the state are busy building commercial bridges between the two nations. A delegation of businessmen, who went to Pakistan, thanks to the efforts of an NGO’s efforts, to improve trade relations between the two have come back with some concrete plans to improve business between Gujarat and Pakistan.

As an outcome of the visit, the South Gujarat Chamber of Commerce and Industry (SGCCI) has signed a memorandum of understanding (MoU) with the Karachi Chamber of Commerce and Industry.

They have already invited businessmen from Pakistan to participate in an expo that will be held in Surat from December 7 to 9. “Right now, only one exhibitor will be coming as they had to make arrangements in a short-period of time. In future, we expect more delegates from Pakistan at such exhibitions,” said Kamlesh Yagnik, president, SGCCI.

He said that the MoU calls for dissemination of information about trade policies of both countries, and subsequently facilitate visit of members and participation in trade fairs and expose. They also visited Sindh industrial and trading estate that have 3000 biz manufacturing units. Speaking of the visit, Jagat Shah of Cluster Pulse, an economic development agency said that efforts are being made so that Indian businesses and their counterparts in Pakistan can participate in trade fairs and expos in each others country.

Shah said that a delegation of 16 businessmen had gone to Pakistan following a meet organised by the The Indian Council for Research on International Economic Relations (ICRIER). Of this, eight were from Gujarat.  He said the delegation from Gujarat has also invited members of the Sindh Women Chamber of Commerce to the state.

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