France keen to enhance assistance   

The envoy shared that the current portfolio of financial assistance amounted to €800-900 million


Our Correspondent March 21, 2019
The envoy shared that the current portfolio of financial assistance amounted to €800-900 million. PHOTO: FILE

RAWALPINDI: France has expressed an interest in boosting trade with Pakistan in different sectors including renewable energy, hydropower, pharmaceuticals, agriculture, energy, water and education, said Ambassador of France to Pakistan Dr Marc Baréty. During his visit to the Rawalpindi Chamber of Commerce and Industry (RCCI) on Wednesday, he said France is keen to develop strong business contacts with Pakistan, and is also focusing on the promotion of the small and medium enterprises in the country. The French ambassador informed that his government had already made sizeable financial assistance particularly in the water and hydropower sector. He also mentioned the assistance being extended by the French government with regard to facilitating the development in Pakistan. The envoy shared that the current portfolio of financial assistance amounted to €800-900 million, which becomes €100-150 million per annum, adding that the French government was considering increasing the assistance to €500 million per annum depending upon the requirements.

Published in The Express Tribune, March 21st, 2019.

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