Korean investors eye Pakistan’s energy, tech sectors - The Express Tribune

KARACHI:
South Korea is looking forward to strengthening bilateral relations with Pakistan and supporting the conduct of business-to-business (B2B) meetings, said Korean Ambassador to Pakistan Suh Sangpyo.
During a meeting with members of the Pakistan-Korea Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday, Sangpyo urged the businessmen of both sides to find new avenues of trade with each other.
Calling Pakistan’s energy and IT sectors attractive for foreign investment, the envoy said that Korean investors had shown keen interest in Pakistan’s energy and technology sectors.
Talking to The Express Tribune, Salt Manufacturers Association of Pakistan Chairman Ismail Suttar said that in a meeting with the Korean consul general last week, he highlighted the great opportunity for export of Pakistani salt to Korea, which was a net importer of the commodity.
“There is almost zero production of salt in Korea, and Pakistan has a good chance for export. The consul general has promised to look into it and provide all possible help,” he added.
Many things could be learnt from the Koreans as they excelled in various economic fields, remarked Suttar.
Recalling the visit of a delegation in 2014 where it learnt the intellectual property rights (IPO), he said “they have a wonderful system; our delegation of industrial stalwarts as well as university professors learnt a lot”.
“Taking advantage of Korea’s expertise in the energy and IT sectors,...

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