Islamabad, October 14, 2021 (PPI-OT):Chairman Senate Muhammad Sadiq Sanjrani has called for strengthening bilateral relations between Pakistan and South Korea in diverse fields including trade and economy. Talking to Korean Ambassador, Mr. Suh Sangpyo, who called on him in Islamabad on Wednesday, he said Pakistan cherishes its relationship with South Korea.

The Chairman underscored that the current bilateral trade 1.122 billion dollars between the two countries is not commensurate to the true potential and stressed the need for proactive measures to increase its quantum. He said a Free Trade Agreement will bring benefits to both countries.

Highlighting the importance of CPEC, Sanjrani stressed that Korean multinational companies should also participate in the CPEC projects through investment and also benefit from investing in the Special Economic Zones for enhanced regional connectivity. He said Korean investors should also benefit from investment-friendly opportunities in Pakistan.

Both sides stressed the need to further enhance Parliamentary relations between the two countries through exchanges between Parliamentary Friendship Groups to bring together Parliaments of the two countries closers. Sanjrani also commended Korea’s efforts for the preservation and restoration of Ghandhara civilization in Pakistan. The two sides also discussed the recent launching of the Samsung Mobile Manufacturing Unit in Pakistan.

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