Italian trade delegation to visit Pakistan

Trade promotion committee to start working in Sept this year

FAISALABAD: Serious efforts have been initiated for the revival of economic relations between Pakistan and Italy with special emphasis on frequent exchange of trade delegations, said Elena De Vito, First Secretary Embassy of Italy.

Speaking to Faisalabad Chamber of Commerce and Industry (FCCI) members on Tuesday, she said an Italian delegation, headed by Deniela Cannizzo of the Confederation of Italian Industries, Rome, was now on a visit to Faisalabad, which would be followed by another delegation for meetings with the local entrepreneurs.

Cannizzo said Confidustria was a private confederation of Italian industries and was making efforts to globalise its activities. Six thousand companies are its members that are keen to enhance cooperation with Pakistani businessmen and in this connection direct meetings with the local entrepreneurs are deemed necessary.

She said Italy had expertise in the manufacturing of state-of-the-art textile machinery, solar panels, food processing, renewable energy, infrastructure development and agriculture and various Italian companies were exploring opportunities to undertake joint ventures with Pakistani entrepreneurs.

Bruno, a member of the Italian Association of Banks, said the Italian government was making efforts to increase bilateral trade with Pakistan.

He pointed out that during April last year a Pakistani trade delegation had visited Italy and held very fruitful meetings there. “On the same pattern, we are arranging a delegation from Italy that will visit Pakistan and have direct talks for the marketing of their products,” he said.

Published in The Express Tribune, July 27^th, 2016.

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