Business

Pakistan eyes trade and exports with Poland

Pakistan eyes trade

Pakistan eyes trade and exports with Poland as ambassador-designate of Pakistan to Poland, Malik Muhammad Farooq expressed this desire.

On Thursday he visited Islamabad Chamber of Commerce and Industry (ICCI) where he held a meeting with its President, Muhammad Ahmed Waheed.

The ambassador discussed matters for further improving bilateral trade and economic relations of Pakistan with Poland.

Pakistan eyes trade and exports

Saif ur Rehman Khan Vice President ICCI, Baser Daud, Muhammad Aslam Khokhar, Khalid Chaudhry, Naveed Malik and others also attended.

While speaking at the occasion, Malik Muhammad Farooq said that Pakistan’s trade with Poland was negligible as compared to actual potential.

Enhancing trade and exports in Polish market

He stressed that business community should focus on further enhancing trade and exports in Polish market.

He assured that he would fully cooperate with the business community in these efforts.


Malik Farooq said that around 90 percent of Pakistan’s exports to Poland were comprised of textiles products and stressed that business community should focus on exporting other products to that country to achieve better results.


He said that both countries had good potential to cooperate in IT sector as Polish companies could contribute towards growth of 5G and telecom infrastructure in Pakistan.


He said that Pakistan could import heavy machinery and high tech products from Poland.

Poland had cooperated in establishing PIA

The ambassador said that Poland had cooperated with Pakistan in establishing PIA and other institutions and Pakistan could achieve more beneficial results for its economy by developing close cooperation with Poland.


Speaking at the occasion , President ICCI, Muhammad Ahmed Waheed said that foreign missions of Pakistan had important role in improving Pakistan’s trade and exports with other countries.

 

Foreign missions of Pakistan


He emphasized that Pakistan’s Embassy should identify new opportunities for Pakistani products in Polish market that would help improving Pakistan’s exports to Poland.


He said that embassy should also share information on regular basis with ICCI about prospects of JVs and investment for Pakistan’s private sector in Polish market that would be helpful in developing strong business linkages with Polish counterparts.


ICCI president stressed that Polish investors should also be convinced to setup JVs in Pakistan in textile and other sectors that would enable Pakistan to realize actual value of its exports.


Saif ur Rahman Khan Vice President ICCI, Baser Daud, Muhammad Aslam Khokhar, Khalid Chaudhry, Naveed Malik and others also spoke at the occasion.

They shared ideas for further increasing bilateral trade and economic relations between Pakistan and Poland.

GTV

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