Ambassador of Italy to Pakistan Andreas Ferrarese has said that the bilateral trade volume between Italy and Pakistan has grown exponentially to €2 billion in 2022, and Pakistan’s exports are more than imports in Italy.
He was talking to APP after the launching ceremony of Italian FPT Generators in Pakistan.
Ambassador Ferrarese said although global trade shrank during the Covid-19 pandemic, Pakistan’s exports to Italy in 2022 grew to €1.2 billion. Italian exports to Pakistan were around € 800 million in the same period. Pakistan has a surplus with Italy, he added. “We will try to take the challenge and recover the next year, but the amount of our exports is more than the year before so, you grow more.”
Pakistan’s market is vast for Italians as its population is more than 220 million.
Therefore, the Embassy is continuously inviting Italian companies and also to say that “we have a special place in the heart of our Pakistani brothers. I also would like to invite all of you to Italy.
Pakistan remains an attractive market for Italian manufacturers and businesspeople,” he told the business community in the embassy.
Published in The Express Tribune, February 24th, 2023.
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