French ambassador assures increased Pakistan-France cooperation

Published: April 5, 2012

A joint commission was formed to give a boost to bilateral trade, economic relations. DESIGN: MOHSIN ALAM

LAHORE: Besides providing financial and technical assistance to Pakistan to overcome its energy crisis, Pakistan-France Joint Commission for Economic Cooperation was established to give a boost to bilateral trade and economic relations between the two countries, said French Ambassador to Pakistan Philippe Thiebaud.

While speaking at the Lahore Chamber of Commerce and Industry (LCCI) on Thursday, Thiebaud said that France was striving for GSP-plus (generalised system of preferences) status for Pakistani products, which would give a considerable boost to Pakistan’s exports.

Emphasising on the trade ties between France and Pakistan, the ambassador said that the trade volume for the last year was over $1.3 billion. He added that French car makers have shown interest in Pakistani market. “Big companies of France have recognised Pakistan’s potential and are interested investing here,” he said.

Regarding French cooperation in education sector, Thiebaud stated that over 600 Master’s and PhD students were currently studying in France while more work was being done to facilitate future Pakistani students.

Speaking on the occasion, LCCI Senior Vice President Kashif Younis Meher said that Pakistan and France are steady trading partners. Meher said that considering the size of Pakistan’s consumer market, which is over 180 million, French companies should consider Pakistan as a potential market for their brands.

The LCCI Senior Vice President also said that Pakistan has the potential to export quality fashion garments to France particularly leather goods. “Likewise we can supply sports goods, organic fresh fruits and vegetables etc,” he added.

Exemplifying the successful French brands in Pakistan, Meher said that French multinationals would find Pakistan favourable for long-term investment. “The success attained by French brands like Total and LU has proven that there is enormous potential in Pakistan for foreign direct investment,” he said.

To further expand commercial and economic ties, it is necessary that both countries should have access to each other’s markets. “This will definitely strengthen and stabilise economic partnership,” he concluded.

on Twitter, become a fan on Facebook

Reader Comments (7)

  • Optimist
    Apr 5, 2012 - 9:31PM

    I am not sure why even a small news that is about development in Pakistan makes our neighbours so jealous that they start negative comments?

    Recommend

  • Big Rizvi
    Apr 5, 2012 - 9:54PM

    A pre-emptive attempt to all you extremist maulvis out there. Don’t judge a country by its laws and how Muslims are treated there. There are other people living in Pakistan as well. Every business opportunity in Pakistan should be warmly welcomed, especially those from foreign companies so that it shall earn us foreign exchange. There is alot in the world to worry about other than an oppressive piece of clothe!

    Recommend

  • gp65
    Apr 6, 2012 - 12:01AM

    @Optimist: “I am not sure why even a small news that is about development in Pakistan makes our neighbours so jealous that they start negative comments? “

    Not seeing any negative comments. What are you talking about?

    Recommend

  • Optimist
    Apr 6, 2012 - 3:23AM

    @ gp65

    I DONT think you are new to this website.
    .
    May I recommend that you check your own comments on other threads (which are full of ant-Pakistan).
    .
    Maybe you came here to do that and my comments made you think twice?

    Recommend

  • Optimist
    Apr 6, 2012 - 3:35AM

    @gp65

    For more examples, look at other news items. Just a couple of examples where you can see the anger of our Indian readers especially wherever there is a small news in favour of Pakistn. They try to be the first one to set the tone (one such is Mr. Khan, aka Naresh (God knows how many IDs this person has!!).

    http://tribune.com.pk/story/342103/attracting-investment-finnish-entrepreneur-preaches-the-gospel-of-pakistani-opportunity/

    http://tribune.com.pk/story/359772/global-it-ranking-pakistan-drops-14-places-in-a-year/

    Recommend

  • Arif
    Apr 7, 2012 - 1:14PM

    @Optimist

    You’re being insecure. The whole purpose of free-media is to welcome criticisms and counter-criticisms. Telling Indians not to make negative comments is silly. That’s not how ‘Optimism’ works.

    Recommend

  • Apr 10, 2012 - 2:03PM

    We are the manufacture in thermal transfer ribbons for many years, with good quality and pretty competitive prices.

    Recommend

More in Business