Pakistan-France administrative, economic and trade committee to enhance Existing relations between the two countries
Islamabad, September 24, 2013 (PPI-OT): The inaugural session of the Pakistan-France Administrative, Economic and Trade Committee was held here today.
The Pakistan side was headed by Secretary, EAD, Ms. Nargis Sethi while the French delegation was led by Madame Marie-Cecile TARDIEU-SMITH, Head of Bilateral Economic Relationships at the French Treasury. The delegation also included the French Ambassador in Pakistan H.E. Philippe THIEBAUD, and the Mr. Denis CASSAT, Country Director of French Development Agency (AFD) in Pakistan.
It was decided to use the framework of this committee to enhance the excellent economic, trade and development partnership between the two countries.
Secretary EAD welcomed the delegation and appreciated the excellent relationship between the two countries. She informed the delegation about the present government’s agenda for economic and social development which she said would bring prosperity for the people of Pakistan.
She also appreciated the continued French assistance to Pakistan especially for projects in the energy sector.
France continues to support the renewable energy sector in Pakistan with official assistance to projects like Jabban and Jaggran Hydropower Projects.
It may be mentioned here that a number of French companies are also investing in the power sector in Pakistan. The meeting reviewed the macroeconomic situation of both countries and expressed confidence that expected growth in both economies will lead to improved trade and investment relations.
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Category: General Business News