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South Korea keen to import copper ores from Pakistan - Envoy- 2016 China(Guangzhou)Non-Ferrous Metals Exhibition
2/23/2016 non-ferrous metals expo |
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The News last week reported that South Korean importers are seeking partnership with local businessmen to import copper ores from Pakistan. Mr Song Jong-Hwan, South Korea Ambassador to Pakistan, said ¡°Korea is cooperating with Pakistan in energy sector. Korean importers association is looking for partners to import thousands of tons per month copper ore from Pakistan. Tremendous untapped possibilities of mutual cooperation exist between Pakistan and Korea. He said the embassy would provide all possible cooperation to exploit such opportunities.
He said ¡°Bilateral trade between Pakistan and Korea declined almost 34 percent during the last three years, which should be a cause of serious concern for both the sides. Non-availability of trade related information and lack of understanding about promising areas of cooperation as major reasons of low trade volume. Pakistan and Korea have started the process of free trade agreement¡¯s feasibility study, which would be completed by the end of June this year.¡±
He added that both sides are expecting a big jump in bilateral trade once the FTA is signed.
- 2016 China(Guangzhou)Non-Ferrous Metals Exhibition
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