Pak traders in­vited to ini­ti­ate joint ven­tures with Por­tuguese in­vestors

The Pak Banker - - NATIONAL -

Pak­istani en­trepreneurs are in­vited to start joint ven­tures with their Por­tuguese coun­ter­parts in the sec­tors of tex­tile, food, rice, in­for­ma­tion tech­nol­ogy, sports goods and agri­cul­ture that would be equally ben­e­fi­cial for the both coun­tries.

The Charge De Affairs of Por­tu­gal Joao Paulo Sabido has said that there is a huge scope for the ex­pan­sion of two-way trade be­tween Por­tu­gal and Pak­istan. He said that Pak­istani en­trepreneurs should fo­cus on Por­tu­gal to ex­ploit the un­tapped mar­ket po­ten­tial for all the tra­di­tional and non-tra­di­tional prod­ucts.

This was stated by him while talk­ing to the LCCI for­mer vice pres­i­dent and Pak­istan Por­tu­gal Busi­ness Coun­cil di­rec­tor Kashif An­war dur­ing a visit to his of­fice. Joao Paulo Sabido stressed the need for ex­change of trade del­e­ga­tion and cham­ber-to-cham­ber con­tacts. He said that Pak­istani trade del­e­ga­tions would have ex­tremely fa­vor­able re­sponse to­wards Pak­istani prod­ucts as both coun­tries have long­stand­ing cor­dial re­la­tions.

Dur­ing the meet­ing, he also ap­pre­ci­ated the Di­rec­tor of Pak­istan Por­tu­gal Busi­ness Coun­cil, and said that the Em­bassy of Por­tu­gal is pleased to ac­knowl­edge the ser­vices of Mr. Kashif An­war, for the en­hance­ment of trade and eco­nomic ties be­tween Por­tu­gal and Pak­istan. The Em­bassy, es­pe­cially wants to show its ap­pre­ci­a­tion and glad­ness for your visit to AICEP and Lis­bon Cham­ber where you gave a valu­able, com­pre­hen­sive and up­dated pre­sen­ta­tion re­gard­ing the prospects of in­vest­ment in Pak­istan.

“We also value your ef­forts to ar­range our Em­bassy’s suc­cess­ful meet­ing with La­hore Cham­ber of Com­merce & In­dus­try first time, pro­vid­ing our dele- gates a best op­por­tu­nity for invit­ing Pak­istani en­trepreneurs to also ex­plore the mar­ket of Por­tu­gal. Where they can ex­ploit the un­tapped mar­ket po­ten­tial for all the tra­di­tional and non-tra­di­tional Pak­istani prod­ucts.”

Kashif An­war, on this oc­ca­sion, said that Pak­istani busi­ness­men are ea­ger to de­velop close work­ing re­la­tions with the Em­bassy of Por­tu­gal. He said that Pak­istan and Por­tu­gal en­joy good diplo­matic re­la­tions. Por­tu­gal comes at 8th place among the top ex­port­ing des­ti­na­tions and at 12th place among the top im­port­ing mem­ber states of EU.

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