Potential exists to boost shared trade
PHOTO: REUTERS
FAISALABAD: There are measureless opportunities to raise team-work in trade and record between Pakistan and France, pronounced Philippe Fouet, conduct of a mercantile dialect during a French embassy.
Addressing a assembly during a Pakistan Textile Exporters Association (PTEA) Wednesday, he pronounced France deliberate Pakistan a outrageous intensity marketplace for business and is penetrating to serve foster shared trade and mercantile ties.
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He pronounced that business is a best approach to foster shared relations.
“France severely values a family with Pakistan and strengthening these ties is one of a priorities of a French mercantile policy.”
France and Pakistan have outrageous range to raise family in several sectors of a economy. Therefore, a private zone in Pakistan should raise a communication with French counterparts, Fouet suggested.
Several French companies are operative here in opposite trade fields, pronounced a official. “We have a latest record and imagination and Pakistan could grasp good formula for a economy by enhancing cooperation.”
Terming GSP Plus as a pivotal motorist for compelling shared trade, he pronounced that with avocation giveaway entrance to EU, Pak-French trade volume has witnessed a certain growth; however, shared trade volume is still not adult to a genuine potential.
Speaking during a occasion, PTEA Vice Chairman Muhammad Naeem pronounced that France is one of a outspoken and arguable supporters of Pakistan and has taken impassioned measures to support a economy.
Terming France as a vital trade end for Pakistan and largest trade partner among EU countries, he stressed a need for diversification in two-way trade.
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He invited French businessmen to deposit in Pakistan and take advantage of a opportunities offered. Giving sum of dual approach trade, he pronounced that Pakistani exports to France were €607.39 million in 2013, €694.55 million in 2014 though in 2015 it soared adult to €768.37 million.
Published in The Express Tribune, Jun 8th, 2017.
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Article source: https://tribune.com.pk/story/1430045/potential-exists-boost-bilateral-trade/