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Tanzania calls for enhanced economic ties with Pakistan

Pakistan's High Commissioner to Tanzania, Siraj Ahmad Khan speaks during the celebration of Pakistan's 84th National Day on Saturday, March 23, 2024. PHOTO | COURTESY

What you need to know:

  • This move underscores a concerted effort to bolster bilateral trade relations and unlock new avenues for mutual growth and prosperity.

Dar es Salaam. The Tanzanian government has issued a clarion call for the private sectors of Pakistan and Tanzania to intensify their collaboration and double their trade volume, currently standing at Sh451 billion.

This move underscores a concerted effort to bolster bilateral trade relations and unlock new avenues for mutual growth and prosperity.

Speaking during the celebration of Pakistan's 84th National Day on Saturday, March 23, 2024, Zanzibar Minister of Education and Vocational Training, Lela Mohamed Mussa, emphasized the importance of strengthening economic ties between the two nations.

The event, which included iftar, brought together representatives from government institutions, ambassadors, high commissioners, and diplomatic corps from various countries.

Mussa remarked, "Tanzania and Pakistan have witnessed a remarkable growth in trade volume, which has surged to Sh451 billion in 2023 from Sh75 billion in 2017. I encourage both countries to deepen their trade cooperation. Furthermore, I urge private investors and business leaders from Pakistan to explore investment opportunities in Tanzania, and vice versa, to elevate the trade and investment levels between our nations."

She reiterated the commitment of the Tanzanian government, under the leadership of President Samia Suluhu Hassan, to reinforce bilateral relations for the mutual benefit of the people.

Highlighting the significance of the occasion, Mussa noted that this year marked the 57th anniversary of diplomatic relations between Tanzania and Pakistan, established in 1967, emphasizing the evolving cooperation between the two countries.

Acknowledging the contributions of the Pakistani community in Tanzania, estimated at around 3000 individuals, Mussa commended their efforts towards the development and prosperity of the nation.

She also mentioned Pakistan's Technical Assistance Programme for African Countries (TAPAC), offering various courses and scholarships in fields such as diplomacy, railway, and finance for both Zanzibar and the mainland.

Pakistan's High Commissioner to Tanzania, Siraj Ahmad Khan, echoed the sentiment, stating that both countries have recognized the importance of trade and economic cooperation.

He highlighted the steady growth in bilateral trade, reaching $301 million in 2023. Khan emphasized Pakistan's role as a significant trading partner for Tanzania, particularly in textiles, surgical equipment, electronics, and agricultural products.

Khan expressed optimism about the future of bilateral relations, citing the establishment of a Joint Business Council as a facilitator for closer commercial ties. He underscored the importance of reflecting on the journey and fostering enduring relationships with Tanzania and other countries worldwide, based on shared values and common interests.

As both nations commemorate their respective national days, they continue to strengthen cultural ties, enriching their relationship with diverse cultural heritage. The celebration serves as a testament to their commitment to building a world characterized by peace, prosperity, and unity.