Foreign news
Pakistan envoy wants collaboration with Nigeria on beauty raw material strengthened
Retired Maj.-Gen. Sohail Khan, the High Commissioner of Pakistan to Nigeria, says the collaboration between his country and Nigeria on raw material for beauty products should be strengthened to enhance investments in the country.
The envoy said this on Wednesday while speaking with the News Agency of Nigeria (NAN) on the sidelines of the ongoing Beauty West Africa (BWA) exhibition in Lagos.
NAN reports that the 7th edition of the beauty show is termed as the biggest of its kind in recent times, and it has more than 300 exhibitors from 52 countries in attendance.
The countries include Pakistan, United Arab Emirates, Korea, Egypt, China, India, Europe, the Middle East, and South America among others.
According to Khan, the collaboration is a win win situation where the exchange of goods and services is the bedrock of the relationship of Nigeria and Pakistan.
“Nigeria has got a lot of stuff available in terms of raw materials for the beauty products, hence the need for collaboration. Pakistani investors can come and make investments over here.
“They can establish some small manufacturing units, which in turn both countries can benefit from this kind of joint ventures and joint collaboration, so it has to be a win win situation for both sides.”
The envoy said that the existing cultural similarities between both countries for ages had created the platform for the exchange at the BWA show.
NAN reports that the envoy also met with the representatives of Pakistani companies, NAFDAC, United Bank for Africa, as well as legal practitioners and clearing agents on the ease to do business in Nigeria.
Speaking to NAN, some Pakistani exhibitors lauded the organisers of the exhibition for creating a platform for about 52 countries to showcase their beauty products in Nigeria.
They said that the platform provided opportunities to connect and network with one another.
NAN reports that the event, which is a free-to-attend, also features beauty conferences, seminars with demonstrations, as well as showcase beauty products.
NAN
Foreign news
Pakistan Moves to Deepen Diplomatic, Economic Relations With Nigeria
The Government of the Islamic Republic of Pakistan has called for deeper diplomatic and economic ties with the Nigerian government to foster development for both countries.
Mr Rana Ihsaan, the Coordinator to the Prime Minister of Pakistan made the call in an interview with the News Agency of Nigeria (NAN) during his working vist to Nigeria on Wednesday in Abuja.
NAN reports that the visiting Coordinator held a closed-door meeting with Yusuf Tuggar, the Minister of Foreign Affairs.
After the meeting, he said that both both sides had agreed on deepening relations in the areas of trade and commerce, among others.
Ihsaan said that both countries must see the need to accelerate efforts towards a Bilateral Trade Agreement (BTA).
He said that Pakistan had already submitted a draft BTA and was awaiting Nigeria’s response.
According to him, discussions centered on easing visa processes, expanding educational exchanges, and strengthening Cooperation in sectors such as Minerals, Youth training, and Defence were highlighted.
Ihsaan said that Pakistan had already implemented visa-on-arrival for Nigerians at no cost, and urged Nigeria to reciprocate to enhance people-to-people ties.
He stressed the importance of high-level engagements between both nations, describing Nigeria and Pakistan as very similar countries with large populations, youthful demographics, and vast economic potentials.
“Deeper collaboration will unlock opportunities in trade, education and investment, while further solidifying long-standing diplomatic relations,” he said.
He said that aside from visiting the foriegn Minister and other top government officials in Nigeria, he was also in the country to attend the on-going West Africa Beauty Exhibition holding in Lagos.
He described the exhibition as one of the continent’s largest cosmetic fairs, adding that he led a delegation of 19 Pakistani business people exploring Nigeria’s estimated 10 million dollar beauty and cosmetics market.
Ihsaan said that Nigeria was a gateway to Africa, adding that Pakistani products, like cosmetics, Textiles, Pharmaceuticals, Food items and Sports goods were already gaining traction in the country.
He encouraged Pakistani exhibitors to establish offices, Warehouses and logistics partnerships to strengthen their foothold in the Nigerian market.
Ihsaan further addressed concerns from Nigerian businesses on the ease of doing business in Pakistan.
He said that the Trade Development Authority of Pakistan had been supporting Nigerian participants at major exhibitions to achieve the ease of doing business.
“The Special Investment Facilitation Council (SIFC) serves as a one-stop platform for Nigerians interested in investing in Pakistan,” he said
Culled from NAN
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