SRINAGAR: A delegation of The Kashmir Chamber of Commerce & Industry (Inc) led by Gowher Maqbool the Sr. Vice President, KCCI had an interactive meeting with the High Commissioner of Australia on his visit to Srinagar on the 9th of December 2015.
Various important trade related issues, the issues related to the economic development of the state in which Australia can extend its technical/financial and also the diplomatic support for the growth of Cross LOC trade between the two parts of the State, were discussed in detail.
The delegation informed the High Commissioner that the KCC&I being an apex business organization feel that as of now the tourism and Handicraft are the most important sectors of our economy and the pollution free industry is the next prospective area which needs a sustained investment and technological support to bring it on par with that of the developing economies of the World. Hydro Electric Power Generation is yet another sector full of potentialities identified to be capable of sustaining the State economy on stable footing. More so because the Jammu & Kashmir has potential of generating 20,000 MW of electric power from naturally bestowed abundant water resources, which can commercially prove as beneficial to the state economy as does the oil exploration to the Arabian countries.
KCCI discussed Australian intervention in the sectors like Power, Industry, Handicrafts, Promotion of Tourism, environment and Education.
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