Karachi: The visiting Korean Ambassador, Suh Sangpyo met with a group of businessmen in Karachi.
On this occasion Prominent business icons are Arif Habib, Ehsan Malik, Abbas Akberali, Asad Ali Shah, Bashir Ali Mohammad, Nadeem Kazmi, Sohail Shams, Sulaiman Mehdi and Kalim Farooqui along with the Consul General of Korea in Karachi, Kim Haksung.
In the meeting, each participant spoke about the potential that exists for trade and investments between the two countries. Ambassador Sangpyo, while acknowledging the fact pointed towards the increase in interest of the Korean Companies looking at Pakistan as a potential destiny. He named the existing joint ventures in manufacturing with their Pakistani counterparts and assured of conveying the potential to the ones in Korea eyeing investments overseas.
On business relations with Pakistan, Korean Ambassador said Korean business giants like LG Electronics, Hyundai Motors and Samsung already have a strong presence in Pakistani market with household products.
An interactive session followed with each participant briefing the Ambassador and his visiting team about the sectors which hold good possibilities with joint ventures with Korean Companies for both equity participation and technical collaboration with Pakistani business houses. He was of the view that the existing figures related to trade and investments between the two friendly countries have the potential to increase manifold.
