This will help improve relations, bring business communities closer. PHOTO: www2.assomac.it/
The association’s International Relations Director, Mario Pucci, said this while exchanging views with Karachi Chamber of Commerce and Industry (KCCI) Acting President Muhammad Ibrahim at a meeting at the chamber.
He said if the trade office is reopened in Karachi, it will help improve trade relations between the two countries and bring the business communities of the two sides closer.
Highlighting the purpose of his visit, he said he was part of a delegation from Italy which arrived here to better understand the Pakistani market and seek ways and means of how to improve the commercial and industrial relations.
He said both countries must make efforts to improve the existing trade relations by exploring investment opportunities and entering into joint ventures.
Italy supplies more than 50% of the tanning machinery all over the world, followed by China, Brazil and Turkey.
Italian industrialists have been enjoying good trade relations with their Pakistani counterparts for the past many decades, particularly the businessmen and industrialists of Karachi, but there is a need to further improve the ties by focusing on enhancing interaction and undertaking trade promotional initiatives, he added.
The Italian Trade Commission was closed in August 2013, which has terribly affected trade between the two countries as the businessmen and industrialists from both sides particularly those belonging to textile, tanning, leather and marble sectors are finding it hard to get connected with each other.
Consequently, trade between the two countries was affected badly but it can be improved if the commission is reactivated in Karachi.
Published in The Express Tribune, June 19th, 2015.
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