Roshan Taj, Research Fellow at Institute of Peace and Diplomatic Studies
n the wake of contemporary geo politics, bilateral relations between the two countries determine the strength of cordiality, areas of convergence and divergence coupled with challenges between the two nations. The foreign policy of Pakistan sets out in the way it interacts with foreign nations and to determine its standard of interactions for its organizations, corporations and individual citizens. Located in the South West of Europe Portugal won its Independence in 1143. Despite, Pakistan being established as an Islamic state, the difference of ideology, with outlook, never hampered the course of their friendly ties. The paper manifolds commonalties between the two countries which have been reinforced by to further deepen mutual cooperation in state relations Pakistan has liberalized its economy and is successfully marching towards market economy. Pakistan importance on the global market further gained momentum after the grant of Generalized System of Preferences (GSP) Plus status to Pakistan effective from 2014. Resultantly ,there has been an additional increase in imports. Exports from Pakistan to the European Union (EU). This opportunity also paved the way for enhanced bilateral cooperation between the two states in and education. Portugal comes at the eighth place among the top exporting destinations and at 12th place among the top importing member states of the European Union (EU). Portugal Chargé D’ Affairs H.E Mr.João Paulo Sabido Costa emphasized the importance of Pakistan by addressing that, Portugal will help pakistan in getting easy market access to EU markets. Contributing to enhance bilateral cooperation in trade and energy a recent meeting between Speaker National Assembly Sardar Ayaz Sadiq and Portuguese Chargé D’ Affairs ,João Paulo Marques Sabido Costa in Islamabad. The Speaker underlined the need for regular exchange of Parliamentary delegations to facilitate comprehensive bilateral engagements. Nevertheless, there is a dire need to take new initiatives by both countries to improve bilateral trade as the current volume of two- way trade is far below their true potential. However, over the last few years, both countries have made conscious and sustained efforts to improve their economic relations. The focus should be on diversifying cooperation to achieve possibilities for enhancing bilateral trade and economic relation between Pakistan and Portugal.