Pakistan, Poland urged to boost trade

Official asks businessmen to diversify export products

ISLAMABAD: Pakistan’s trade with Poland is negligible as compared to actual potential and the business community should focus on further enhancing trade and exports in Polish market, said Ambassador-designate of Pakistan to Poland Malik Muhammad Farooq.

During a meeting with Islamabad Chamber of Commerce and Industry President Muhammad Ahmed Waheed, the two sides discussed matters for further improving bilateral trade and economic relations of Pakistan with Poland. Farooq assured that he would fully cooperate with the businessmen in these efforts.

He said that around 90% of Pakistan’s exports to Poland were comprised of textiles products and stressed that the business community should focus on exporting other products to Poland to achieve better results.

He said that both countries have good potential to cooperate in the IT sector as Polish companies could contribute towards growth of 5G and telecom infrastructure in Pakistan.

He said that Pakistan could import heavy machinery and high tech products from Poland. Farooq further said that Poland had cooperated with Pakistan in establishing PIA and other institutions and Pakistan could achieve beneficial results by developing close cooperation with Poland.

Also speaking at the occasion, Waheed said that foreign missions of Pakistan have an important role in improving Pakistan’s trade and exports with other countries.

He emphasised that Pakistan’s embassy should identify new opportunities for Pakistani products in Polish market that would help in improving Pakistan’s exports with Poland.

He stressed that Polish investors should also be convinced to setup joint ventures in Pakistan in textile and other sectors that would enable Pakistan to realize actual value of its exports.

Published in The Express Tribune, March 6^th, 2020.

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