Italy committed to strengthening ties with Pakistan: Ambassador of Italy Andreas Ferrarese

Staff writer

Islamabad: Ambassador of Italy Andreas Ferrarese said this week that the Italian government was committed to strengthening ties with Pakistan.

Speaking at a function here, Ambassador Andreas Ferrarese said that Italy gives utmost importance to its relations with Pakistan and all-out efforts would be made to boost the economic ties.

He said the Italian government cooperates with Pakistan wherever it finds any opportunity for mutual collaborations.

He said that Italy has savings in excess of 5 trillion dollars so it has a lot of fiscal space to undertake investment projects. He said that Pakistani investors should come forward and avail investment opportunities.

The Ambassador said that there was a potential for Pakistan and Italy to enhance the trade volume to more than 5 billion dollars.

He further stated that there is a lot of potential in the sectors of construction and agriculture while the tourism sector also holds great potential.

He said that the long term visas of 3-5 years would be extended to the business community of Pakistan. This would help in enhancing B2B contacts and the trade relations.