ISLAMABAD: President Dr Arif Alvi called for further enhancing quantum of bilateral trade and investment between Pakistan and Republic of Korea. He emphasised exploring new avenues for cooperation among governments and private sectors of two countries.

Talking to members of Korea-Pakistan Parliamentary Friendship Group in National Assembly of Republic of Korea led by its Head Lee Hack Young here at Aiwan-e-Sadr he said that Pakistan was desirous of expanding bilateral cooperation with Korea in various fields, such as agriculture, information technology, human resource development, economy, science, culture and education.

Members of Parliament including Lee Sangheon, Kim Byungjoo, An Byunggil and Ambassador of Republic of Korea Suh Sangpyo attended meeting. He highlighted that Pakistan possessed an enormous youth bulge which, if properly educated and trained could provide much-needed qualified and cost-competitive human resources to Korean companies. He said that Korea could help Pakistan bring vast virgin lands in Balochistan and Khyber Pakhtunkhwa under cultivation and substantially increase yield of agricultural products of fertile plains of Sindh and Punjab through joint research and development. He mentioned other areas of cooperation including ICT-based modern agriculture technologies, better disease-resistant seeds, vertical farming and Artificial Intelligence based irrigation system. This will prevent water wastage, help in growth of high-value agriculture products through a controlled environment and ensure food security in country, he added. President Alvi said Korea had been effectively contributing to economic development of Pakistan and had made sizable investments in many sectors, especially in vehicle and cellular manufacturing sectors.

Published in The Daily National Courier, August, 25 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.