Australia seeks opportunities in bilateral trade, investment

Australian trade commissioner says Pakistan should import technology.


Our Correspondent October 23, 2012

LAHORE: Senior Australian Trade Commissioner for the South Asia Region Patrick Kearins said that significant potential exists to enhance Pakistan-Australia cooperation in the areas of energy, livestock, agriculture, mining, advance manufacturing and education.

Australian Trade Commission (Austrade) at present is working in three areas including trade, investment and education; Kearins said during his visit to the Lahore Chamber of Commerce and Industry (LCCI). Kearins said that Pakistani businessmen must avail cutting-edge Australian technology for food processing and dairy sector as Australia had proven capability in these areas. He said that assistance was being provided in dairy, food, mining, oil and gas and water management. Australia had certified mining experts and one of the best mining facilities and techniques in the world. He said that both the government and the private sector could avail these opportunities.

The diplomat said that Australia had formed a ‘Growth and Emerging Market Group’ that includes South Asia. He said Pakistan, Bangladesh and Sri Lanka were included in the group and Australia will continue to work with these countries in trade, investment and education sectors. He said that the Austrade could help identify international partners for those Pakistani businesses through tailored industry intelligence that wanted to go global.

Speaking on the occasion, LCCI President Farooq Iftikhar suggested that market surveys should be conducted to explore potential areas of trade. Similarly, road shows, catalogue exhibitions and trade fairs could be other options to display the product range available for trade.

The Australian investors were needed to be motivated to consider these sectors for the mutual benefits of both the countries, he added.

Published in The Express Tribune, October 24th, 2012.

COMMENTS (2)

A.Bajwa | 11 years ago | Reply

Pakistan should even consider a Free Trade Agreement with Australia.

Caramelized_Onion | 11 years ago | Reply

Funny how just 'normal' news these days feels like good news. An article regarding foreign investment, no mention of terrorism, talk of expanding trade and new business opportunities, . I miss the Pakistan before Zardari and WOT.

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