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His Excellency, Ambassador of Nigeria at Pakistan Mr. Dauda Danladi had detailed meeting with Director PECO, Mr. Ibrahim Bin Maqsood at Nigeria High Commission, Islamabad yesterday (04-04-13).The Director PECO is also accompanied by Mr. Zahid Ali Khan who recently joined PECO and to be based at Rawalpindi to look into the business possibilities of PECO in the Punjab province. The agenda of meeting was NAFDAC issue particular in reference of companies NABIQASIM & SURGE LABORATORIES inspection postponement as of security concern, supply of two tractors to secretary Foreign Ministry Nigeria and to develop contacts with leading investors of Pakistan ready for direct investments in Nigeria with available opportunities of business at Nigeria under government cover.

The meeting was held in very congenial and motivated atmosphere from both sides and lasts for 4 hours without any interruption. The Amb. His Excellency Mr. Dauda Danladi informed that NAFDAC team will be arrive at Pakistan for inspection of the companies by end this month. During meeting he also called NAFDAC on phone to reconfirm their arrival in Pakistan. After that NADAC team arrival in Pakistan was reassured by His Excellency Ambassador Dauda Danladi. Amb. His Excellency Mr. Dauda Danladi advised that at least 5 companies shall be available for inspection by NAFDAC to made strong impression of the high quality of Pakistan pharmaceutical products comparing India and China which are flooded in Nigeria market with poor quality at high prices. It was assured by Director PECO Mr. Ibrahim Bin Maqsood that it is easily done if NAFDAC informed officially to PECO even with short notice but at notice of at least one week. Amb. His Excellency Mr. Dauda Danladi also assured that NQ and SL inspection will be done at any appropriate time if desirable but meanwhile their ten (10) products applied for registration processing through PECO will be on fast track and with priority. It was decided by His Excellency; Ambassador Mr. Dauda Danladi that state delegation from Pakistan will be coordinated by PECO in July, 2013. It was also decided that at least 20 delegates (maximum 50 delegates) from different business markets will be selected from Pakistan for direct investments in Nigeria. In this regard His Excellency Ambassador Mr. Dauda Danladi will sent invitation letters himself to all selected parties by end this month. The focused business markets are Agriculture (Sugar, fertilizers) Textile (yarn, weaving), Pharmaceuticals (Tablets, Injectables). The PECO Director Mr. Ibrahim Bin Maqsood will provide list of investors for Nigeria from Sindh inclusive of Karachi for state invited Delegation to Nigeria. The Director PECO Mr. Ibrahim Bin Maqsood appreciate untiring efforts of Ambassador Dauda Danladi in improvement of business ties between Pakistan and Nigeria. It was also informed by Ambassador Dauda Danladi that he will address Rawalpindi Chamber of Commerce on 22-04-13. Ambassador invited Mr. Zahid Ali Khan Director PECO to accompany him on that occasion as he is based in Rawalpindi by PECO. This invitation was accepted with thanks. After discussion at length Ambassador Dauda Danladi agreed to visit Karachi for 2 days from May 6^th, 2013 to May 8^th, 2013. PECO will coordinate his trip and assured his visit to 4-5 pharmaceutical companies, 2-3 Textile industries and as many sugar industries located in other parts of Sindh. His Excellency, Ambassador Mr. Dauda Danladi will show his desire to visit HERO MOTORS during his visit of Karachi.  This desire of Visit of HERO Company is accepted by PECO director Mr. Ibrahim Bin Maqsood on behalf of President & CEO of Hero Motors Mr. Asad Barkat after his consent. The issue of supplies of two tractors for Foreign Secretary of Nigeria was also discussed and Amb. Dauda Danladi informed that it will be arrange by Ali Corporation on assurance of Director Marketing Mr. Asim Shahzad. It was also communicated to Mr. Asim Shahzad that he will visit Nigeria High Commission in coming week after getting immediate confirmation from Ambassador to finalize the deal of 200 tractors as ambassador has very occupied schedule in days to come.  The meeting was concluded on note that all decisions and tasks will be executed in letter & spirit and keep in touch.

Dated: 22 March 2013