Tbilisi, 2 June 2023 (TDI): One of the last engagements of Foreign Secretary of Pakistan Asad Mohammad Khan in Tbilisi was a brief interaction with a diverse group of businessmen. There was a great interest among Georgian businessmen to explore networking with Pakistani counterparts for the B2B partnerships.
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Georgian businessmen are showing interest in exploring networking opportunities with their Pakistani counterparts for B2B (business-to-business) projects.
The Pakistani market presents significant potential for Georgian businessmen. Pakistan’s large population, growing middle class, and expanding economy offer attractive business prospects across various sectors, such as agriculture, manufacturing, construction, textiles, IT services, and tourism.
Georgian businessmen recognize the untapped market opportunities in Pakistan and aim to explore potential B2B collaborations to tap into this market.
Pakistan and Georgia have been working to strengthen their trade relations in recent years. The signing of a Preferential Trade Agreement (PTA) between the two countries in 2018 further facilitated bilateral trade by reducing tariff barriers.
The positive trajectory in trade relations has encouraged—Georgian businessmen to explore networking opportunities with Pakistani counterparts to expand their business footprints in Pakistan.
Georgian businessmen can make use of Pakistan’s advantageous location as a gateway to South Asia and the Middle East. They Are aware of the benefits of networking with their counterparts in Pakistan to take advantage of these regional trade prospects.
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Historical and cultural relations between Pakistan and Georgia can be the basis for productive commercial collaboration. Building on these common ideals and understanding, strengthening corporate ties between the two nations can foster collaborations that benefit both parties.
B2B projects, which entail cooperation between companies in other nations to carry out joint ventures, trade partnerships, or investment projects, are of particular importance to Georgian businessmen.
These initiatives allow for market expansion, resource pooling, and information sharing. Georgian businessmen can explore prospective B2B initiatives in industries of shared interest and make use of each other’s skills and knowledge by networking with their Pakistani counterparts.
They are interested in networking with Pakistani counterparts for B2B initiatives because of the market potential in Pakistan, improved trade connections, Pakistan’s geographical advantage, cultural linkages, and a willingness to engage in mutually beneficial economic endeavors.
They hope to explore business prospects, grow their market presence, and foster long-term business collaborations with their Pakistani counterparts through forging these networking contacts.
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