Sweden keen to bolster trade ties with Pakistan

Ambassador says improving security opens up various investment avenues

Our Correspondent December 17, 2015
Ambassador says improving security opens up various investment avenues. PHOTO: FILE

KARACHI: Sweden - the world’s Scandinavian gem - has expressed the need to make collective efforts to eradicate knowledge barriers regarding Pakistan’s potential.

Sweden’s Ambassador to Pakistan Tomas Rosander has said that the countries should work together to woo foreign companies to work in Pakistan. “We have been encouraging Swedish companies to visit Karachi, Lahore and Islamabad,” he said while referring to substantial improvement in the security situation of Pakistan.

During his visit to Karachi Chamber of Commerce and Industry (KCCI), he advised the business community of Karachi to focus on diversifying their exports as there was plenty of room for improving Pakistan’s trade with Sweden.

Swedish ambassador further said that they recognise Karachi as a hub of economic activities thus, the input provided by the business and industrial community is very important to Sweden.

He also stressed the need to increase visits of trade delegations to both countries, besides organising seminars and other trade promotional activities on a regular basis.

KCCI President Younus Muhammad Bashir, touching upon Pakistan-Sweden trade and economic relations, pointed out that during fiscal year 2014-15, Pakistan exported goods to Sweden of worth $149.56 million compared to $138.94 million in fiscal year 2013-14, up 7.6%.

Published in The Express Tribune, December 18th,  2015.

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