Warehousing facility extended

Published February 20, 2004

ISLAMABAD, Feb 19: Kuwaiti Minister for Commerce and Industry, Abdullah Abdul Rehman Al-Taweel has invited the Pakistani business community and government to build warehouses in Kuwait Free Trade Zone to export their goods to the destinations of their own choice.

The minister said this in a meeting with Pakistani Commerce Minister, Humayun Akhtar Khan here on Thursday. The Kuwaiti Minister for Commerce and Industry was accompanied by Khalid Abdullah Al-Saqr, from Kuwait Chamber of Commerce and Industry.

The Kuwaiti minister said that at present one thousand trucks loaded with different goods daily move from Kuwait to Iraq and Pakistan could also avail the opportunity of exporting its goods from Kuwait to Iraq.

Mr Abdullah showed his interest in increasing imports of foodstuffs and agricultural products from Pakistan. He laid emphasis on close coordination between the chamber of commerce and industry of the two countries.

He also assured facilities to the Pakistani business community in holding trade exhibitions in Kuwait. Commerce Minister, Humayun Akhtar Khan stressed that with the close cooperation between the two countries the volume of the present trade could increase up to three times.

Mr Khan said that Pakistan would give priority to setting up warehouses in Kuwait so that it could take advantage of exporting its goods to various countries. He advocated that the trade between private-to-private sectors is the best option in view of the fact that Pakistan has liberalized its economy.

Opinion

Editorial

Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...
Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....