Trade relations

This refers to news report, ‘Korean firms keen to establish JV in Pakistan’. It is good to note that South Korean has showed interest in strengthening its trade relations with Pakistan. The country’s impressive economic growth has impressed the Korean companies.

In order to stabilise the country’s economy, the entry of foreign investors in the Pakistani market is essential. For dealing with its bloated current account deficit, the country needs to boost its exports and search new markets for its goods.

Asmaar Bilal (Lahore)