Italy has emerged as Pakistan’s largest source of workers’ remittances from EU: Ambassador Andreas Ferrarese

Staff Writer

Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese said this week that Italy has emerged as Pakistan’s largest source of workers’ remittances from the European Union and the second largest in Europe after the United Kingdom, as per Pakistan’s envoy to Italy.

He said Italy has been playing a pivotal role in Pakistan’s socio-economic development. Both the countries established diplomatic relations in 1948 and since then there have been frequent cordial bilateral contacts between Pakistan and Italy at the governmental and non-governmental levels. The economic ties between both countries are at their peak.

“Economic, trade and cultural relations between Italy and Pakistan are at an all-time high,” said Italy’s Ambassador to Pakistan Andreas Ferrarese.

“Italy hosts the largest number of Pakistani diaspora in the European Union (EU),” he said while speaking to the business community in Islamabad.

According to a scholarly journal on the Journal of European Studies, the two countries share perceptions on major international and regional issues such as terrorism and UN reforms. Italy supports Pakistan in important regional forums such as the European Union, NATO and Friends of Democratic Pakistan (FoDP).

Like many other European countries, Italy recognises the strategic location of Pakistan in South Asia and acknowledges that a moderate, democratic and stable Pakistan is essential for the maintenance of peace and security in the entire region.