Italy wants to uplift bilateral trade with Pakistan: Ambassador Andreas Ferrarese

Staff Writer

Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese said this week said that Italy was committed to extend cooperation in diverse sectors to uplift bilateral trade with Pakistan.

Speaking to the business community in Islamabad, the envoy urged Pakistani businessmen and traders to make efforts to promote mutual trade and economic ties between the two nations.

The envoy said vast opportunities are present to enhance mutual trade and investment between Pakistan and Italy and businessmen and traders from both countries can reap the benefits.

“Economic, trade and cultural relations between Italy and Pakistan are at an all-time high,” he said. “Italy hosts the largest number of Pakistani diaspora in the European Union (EU).”

He stressed that there was immense potential for trade in different sectors of the economy and underlined the need to explore it by engaging in a dialogue process through the Pak-Italy Joint Economic Commission.

Currently, Italy is providing technical assistance in agriculture and textiles up-gradation through modern machinery, value addition in agriculture, leather and marble sectors, he pointed out.

“Pakistan is working to expand this collaboration and add agricultural items including dairy and livestock, olives and olive products, plastics, processed food and the construction sector to it,” the Ambassador said.