Indian ambassador to Saudi Arabia meets Kashmir’s Industrial Associations, discuss business opportunities
03/06/2023
SRINAGAR, Jun 2: India's ambassador to Saudi Arabia, Dr. Suhel Ajaz Khan, today had an extensive interactive session with industry and trade associations of Kashmir to discuss and plan strategies towards exploring business opportunities between the regions.
The session, organized by Jammu and Kashmir Trade Promotion Organ-ization (JKTPO), was aimed at providing a platform to foster stronger economic ties and explore mutually beneficial trade opportunities.
Managing Director, JKTPO, Khalid Jahangir, expressed gratitude to the ambassador for reaching out to the Trade and Industry partners of Jammu and Kashmir. He gave an overview about the prevailing trade scenario in the region with special reference to products having competitive advantage for export to Saudi Arabia.
The event brought together esteemed business leaders, entrepreneurs and representatives from various industry and trade associations of Kashmir, offering a unique opportunity to discuss and address the challenges being faced by the local business community.
Dr. Suhel Ajaz Khan, while speaking on the occasion, emphasized the importance of strengthening bilateral trade between UT of J&K and Saudi Arabia. He acknowledged the rich cultural heritage and entrepreneurial spirit of Kashmir and expressed his admiration for region's contribution towards nation's economy. He observed that unique and niche products of J&K have lot of potential as far as the markets of Saudi Arabia are concerned.
Responding to issues and concerns raised by the participants, Dr. Suhel Ajaz Khan praised the efforts of JKTPO in promoting trade and investment opportunities in Kashmir. He conveyed Embassy's commitment towards supporting such initiatives.
He assured the participants that the Indian government is continuously working hard towards creating a conducive business environment for all to flourish their businesses. He added that necessary support is being extended for trade and investment activities especially for export of GI tagged products of Jammu & Kashmir. He assured to create business linkages for the exporters of J&K, adding that efforts would be made to organize delegation visits, B2B meets, exhibitions, road shows and related events in Saudi Arabia.
"This interaction marks a significant milestone in strengthening economic ties between the two regions. It reflects the shared commitment tow-ards exploring new avenues of cooperation and leveraging the vast potential for trade and investment", maintained the ambassador.
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