ISLAMABAD: Malaysian High Commissioner to Pakistan Mohammad Azhar Bin Mazlan said on Wednesday that the current volume of bilateral trade between both nations stood at $1.8 billion as compared to its existing potential of $12 billion annually.
Addressing the businessmen at the Islamabad Chamber of Commerce and Industry (ICCI), he said that the current volume of trade between the two nations was less than the mutual trade potential and that ICCI can play an important role in its advancement.
He said that there are many opportunities for development in the halal industry in Malaysia and Pakistan, in which the private sector of both sides should play their full role by taking tangible measures.
The High Commissioner said that his country would extend full cooperation to Pakistan to become a regional hub of halal industry.
Pakistani Students in Malaysia
He added that currently, more than 5,000 Pakistani students are studying in Malaysian universities and an Islamic environment is available for Pakistani students in Malaysia, particularly for the female students who can continue their education there with full religious freedom.
The diplomat further said that Pakistan and Malaysia are strategic partners and this partnership is very important in the development and economic prosperity of both nations.