FPCCI calls for enhanced economic cooperation, banking connectivity among D-8 countries

KARACHI, Jul 14 (APP): President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, Tuesday, emphasized the need to further strengthen economic cooperation, trade, investment, and institutional linkages among the member countries of the D-8 Organization for Economic Cooperation.

The D-8 region possesses enormous economic potential and closer collaboration among member states would significantly contribute to regional prosperity, trade expansion, and sustainable economic growth, he maintained in a statement issued here.

The President FPCCI, in this context, appreciated the meeting held by Quratul Ain, Vice President FPCCI, with Ambassador Sohail Mahmood, Secretary General of the D-8 Organization for Economic Cooperation, at the D-8 Secretariat in Istanbul.

Strengthening Pakistan’s engagement with D-8 member countries and exploring new opportunities to enhance bilateral and multilateral trade, investment and economic cooperation, and other related issues were discussed in the meeting while special emphasis was laid on improving banking connectivity among D-8 member states to facilitate smoother financial transactions, reduce barriers to trade, and promote greater business-to-business collaboration within the region, it stated.

Quratul Ain emphasized the importance of strengthening institutional interaction between FPCCI, the D-8 Secretariat, and the national chambers of commerce of D-8 member countries and highlighted FPCCI’s commitment to promoting stronger economic partnerships and creating new opportunities for Pakistani businesses through enhanced regional cooperation.

Ambassador Sohail Mahmood appreciated FPCCI’s role in promoting regional economic cooperation and expressed the D-8 Secretariat’s commitment to working closely with the private sector to advance the objectives of the Organization and deepen economic integration among its member states.