Romania eyes enhanced trade potential with Pakistan: Ambassador

Islamabad, November 17, 2015 (PPI-OT): Romania wanted to make significant increase in volume of trade with Pakistan which was a big consumer market and Romanian mission would play positive role in bringing both countries even closer, observed H.E. Mr. Emilian Ion, Ambassador of Romania while speaking at Islamabad Chamber of Commerce and Industry.

He said many Pakistani products including ready-made garments, bed sheets, towels, socks, napkins, cotton yarn, leather products, pharmaceuticals, surgical instruments and others have great potential in Romania and Pakistani exporters should step up efforts to increase export of these products to Romania. He said his Embassy wanted to establish sustainable business linkages between the private sectors of both countries so that businessmen could interact and explore all untapped areas of mutual collaboration.

He said Pakistani students have good chance to get quality education in Romania at affordable cost and more cooperation in education field would further improve bilateral relations between the two countries. He said ICCI should form a delegation for Romania and his Embassy would provide all required facilitation to make its visit productive and meaningful.

Speaking at the occasion, Atif Ikram Sheikh, President, Islamabad Chamber of Commerce and Industry said that Romania was an important member of European Union and Pakistan wanted to further strengthen its cooperation with Romania to get enhanced access to EU market. He said production cost in Pakistan was quite low as compared to many other countries and stressed that Romanian investors should explore investment and joint ventures in Pakistan in textiles and other sectors.

He identified agriculture, textiles, marble, information technology, energy, industries, engineering, housing and construction as potential areas of mutual cooperation between Pakistan and Romania and stressed that both countries should encourage frequent exchange of business delegations to explore and develop business partnerships.

Sheikh Pervez Ahmed, Senior Vice President and Sheikh Abdul Waheed, Vice President, Islamabad Chamber of Commerce and Industry said that volume of bilateral trade between Pakistan and Romania was far below the desired level and emphasized that governments of both countries should fully patronize businessmen to improve bilateral trade and economic relations.

For more information, contact:
Khalid Chaudhry
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1,
Islamabad, Pakistan
Tel: +9251 225 0526, 2253145, 8432676
Fax: +9251 225 2950
Email: icci@brain.net.pk
Website: www.icci.com.pk