Pharma Sector-Bangladesh and Pakistan have huge potential for collaboration

Karachi: 05 May 2025 : Bangladesh and Pakistan have huge potential for collaboration in pharmaceutical sector. Bangladesh Deputy High Commissioner in Karachi S.M. Mahbubul Alam had an interaction with the visiting President, Senior Vice President and the Office bearers of Rawalpindi Chamber of Commerce & Industry (RCCI) on 05 May 2025 in Karachi. In the meeting they discussed about the matters related to promotion of bilateral trade and investment between the two countries. Few other eminent businessmen such as Mr. Sohail Altaf, Mr. Hamza Tabani, Chairman Tabani Group and Mr. Hatim Tabani, CEO of Tabani Group were present during the discussion.
Mr. Usman Shaukat, the President RCCI and Mr. M. Khalid Farooq Qazi, Senior Vice President RCCI, and Mr. Fahad Barlas, Vice President RCCI expressed their deep interest in strengthening bilateral trade and investment between Bangladesh and Pakistan. RCCI President mentioned that RCCI and Dhaka Chamber of Commerce & Industry (DCCI) have a MoU for promotion of mutually beneficial trade and commerce relation. They expressed their interest in collaboration in the pharma sector. Deputy High Commissioner mentioned that Bangladesh has over three hundreds state-of-the-art pharmaceutical companies. He further added that Bangladesh exports the pharmaceutical products to over 80 countries in the world. Bangladesh produces 97 percent of her domestic needs. Bangladesh has been developing an exclusive API industrial zone. The RCCI President also mentioned that around 70 percent of domestic needs in Pakistan are met by the pharma sector in Pakistan. He emphasized that in production of
vaccines, oncological products, and active pharmaceutical ingredients (API) there is huge potential for collaboration between the two countries.
Deputy High Commissioner invited business delegations from RCCI to Bangladesh. He also emphasized wider interaction among the Chambers vis-à-vis business persons of the two countries. They also attached importance for more people-to-people contract between the two countries. The Bangladesh Deputy High Commission in Karachi expressed their sincerity and readiness to extent all possible supports for the promotion of trade and economic relationships between Bangladesh and Pakistan.