National News

Pakistan needs intl. projection of potential: Swiss diplomat

KARACHI, (Millat + APP): Pakistan needs to improve its perception
and due projection internationally to transform its potential into a
success story, says Consul General of Switzerland in Karachi, Philippe
Crevoisier.
Exchanging views with KCCI office bearers during his visit to the
Chamber, the Swiss Consul General said Switzerland had been in
Pakistan since its existence and many Swiss companies were
successfully doing business here in Karachi.
“We are being represented not only in Islamabad but also in Karachi
which is a very good sign,” he said adding this clearly indicated that
Switzerland actually saw the potential in Pakistan, said statement
issued by Karachi Chamber of Commerce and Industry.
He said that although the existing investment in ties and trade
figures between the two countries were very nice yet to be
strengthened.
Philippe Crevoisier informed that Switzerland’s industry had
80 percent SMEs component. SMEs were well-organized to quickly react
to numerous markets and they were looking forward to enhance their
exports to new markets.
He was fairly convinced that the overall security situation was
much better as compared to the perception prevailed in the world. The
law and order had visibly improved over last couple of years which was
likely to encourage many Swiss companies including SMEs to get into
this market and look for opportunities.
He said that Karachi had huge potential for Swiss companies and it
was a good sign that many businessmen from Karachi were also eager to
do business with Switzerland.
President KCCI Shamim Ahmed Firpo, Senior Vice President KCCI Asif
Nisar, Vice President KCCI Muhammad Younus Soomro and KCCI Managing
Committee members were also present at the meeting.
Earlier, while welcoming the Swiss Consul General, President KCCI
Shamim Ahmed Firpo informed that Karachi, which is the economic and
financial hub of Pakistan, offers profitable investment opportunities
and added facilities for investment and joint ventures to Swiss
investors.
He spoke of Pakistan’s old and strong friendly relationship with
Switzerland, which was ranked 5th in terms of foreign direct
investment in Pakistan and was a reliable trading partner.