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Federation of Pakistan Chambers of Commerce and Industry underscores need for exploring new bilateral trade prospects with Italy

Karachi, March 01, 2016 (PPI-OT):FPCCI underscored the need for exploring new bilateral trade prospects with Italy as Pakistan’s improved relations and enhanced trade with countries like Italy would pave way for resolving economic crisis and ensure prosperity for the country, expressed by Khalid Tawab, Senior Vice President, FPCCI during a meeting with Italian Consul General Gianluca Rubagotti at FPCCI Karachi.

He further said that Pakistani business is seeking Italian investment by offering profitable investment opportunities and added facilities for investment and joint ventures to Italian Investors. Meeting was attended by Vice Presidents of FPCCI Zulfiqar Ali Sheikh and Hanif Gohar along with Abbas Ali Mirza (Chairman, IDC – Italian Development Committee), Aarij Iqbal (President, IDC), Mrs. Shama Saeed (Director, International Relations, FPCCI) and Mariam Chaudhary.

Khalid Tawab shared that Pakistan-Italian trade and economic relations are proceedings towards healthy and dynamic bilateral relations based on the historical events and trade relations between Pakistan and Italy have been improving with the passage of time. He added that during Fiscal Year 2015, Pakistan exported goods worth $733 million whereas its imports were recorded at $347 million, indicating a trade volume of more than US$1 billion which can further be raised through collective efforts.

Italian Consul General Gianluca Rubagotti has stressed the need to increase cooperation between Italy and Pakistan and said that both countries must make collective efforts and should focus on enlarging the scope of partnership in trade. The Italian Consulate in Karachi and the Italian Embassy in Islamabad with support from Italian Trade Commission (ITC) are trying to organise, for the very first time, a road show for Italy here in Pakistan to present the Italian economy and the possibilities of trading with Italy, he stated. Gianluca Rubagotti further said both sides needed to be aware of each others’ economies.

For more information, contact:
M. A. Lodhi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Shahra-e-Firdousi,
Karachi-75600, Pakistan
Tel: +92-21-35873691, 93-94
Fax: +92-21-35874332
Email: info@fpcci.com.pk
URL: www.fpcci.com.pk

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