Balochistan Board of Investment vice chairman meets EXIM Bank chief on business loans

QUETTA: Shahbaz H Syed, President and CEO of the Export Import Bank of Pakistan (EXIM Bank), met Bilal Khan Kakar, Vice Chairman of the Balochistan Board of Investment.

The meeting held detailed talks on the financial difficulties facing the business community in Balochistan. These included hurdles in obtaining loans and the promotion of business activity.

BBOIT Chief Executive Officer Abdul Manan and Shehryar Khan of the Trade Development Authority of Pakistan were also present.

Bilal Khan Kakar said traders, industrialists, exporters and importers in Balochistan face difficulties in getting financial support and loans to expand their businesses.

He urged EXIM Bank to play an effective role in this regard. He asked it to help ensure that loans and financial facilities are provided to Balochistan’s business people on easy terms. This, he said, would let them expand their businesses and also play an effective part in national and international trade.

EXIM Bank President and CEO Shahbaz H Syed showed positive interest in providing financial facilities to Balochistan’s business community. Both sides agreed to take cooperation forward and to adopt workable measures.