The MoU was signed by Mumammad Idrees, Vice-President, Karachi Chamber of Commerce and Industry and BP Shashidhar, President, Kassia.
Earlier on Friday, the Federation of Indian Micro and Small and Medium Enterprises (FISME) and Kassia jointly organised a seminar on trade opportunities between India and Pakistan at Kassia Udyog Bhavan here.
Addressing the meet, Ravi Kumar, Senior Zonal Manager, NSIC, told the Pakistani delegation that NSIC had signed MoUs with nearly 30 countries and was open to doing the same with Pakistan too once the two countries signed the FTA (free trade agreement).
He hoped that India and Pakistan would move swiftly towards signing the FTA. Shashidhar said the MSME sector in Karnataka contributed 40 per cent of exports to 80 countries, comprising a whole range of engineering items.
Mohan Suresh, former president, FISME, pleaded for signing of trade agreements between India and Pakistan. A 16-Member industry delegation comprising representatives of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Karachi Chamber of Commerce and Industry (KCCI), Lahore Chamber of Commerce, Islamabad Chamber of Commerce, Islamabad Women Chamber of Commerce and All Pakistan Furniture Makers Association took part in the seminar.
The delegation represented industrialists from various sectors such as auto parts, yarn, textiles, chemicals, CNG, insulating material, furniture, household appliances, hosiery, electrical goods, electronic appliances, ladies shoes, purses, handicrafts, batteries etc.