Friday June 26, 2009
KARACHI: Romania is Pakistan's important trading partner within the European Union (EU) and the bilateral trade between the two countries has surged to $63.80 million in 2008-09. This was stated by Commerce Minister Makhdoom Amin Fahim on Thursday, while talking to the leader of six-member delegation and Director General, Asian Department of the Foreign Affairs of Romania, Gheorghe Margheru at his office.
According to information reaching here Thursday, Secretary Commerce Suleman Ghani and other officials of the Ministry were present on this occasion. The minister expressed a desire that increased interaction of businessmen and contacts on officials' level between the two friendly countries would provide an opportunity to identify areas of mutual interests.
The delegation was told that Pakistan attaches greatest importance to its trade relations with the EU, which was the single largest trading partner accounting for 27 percent of county's exports and 17 percent of total imports. The trade volume had been doubled in the last five years, the delegation was told. The visiting Director General expressed that like Pakistan, Romania was also located at a strategic point of Black Sea in Eastern European.
He underlined the need for exploring the potentials in trade and Commerce at bilateral level as well as on the EU forum. The Minister pointed out that since Romania was a member of EU, Pakistan would like to have its meaningful support at EU level, besides bilateral partnership.
The recently held first Pak-EU summit in Brussels was a clear indication of broadening the commercial relations between EU and Pakistan. Pakistan's major exports to Romania include material of animal origin, cotton fabrics and articles of textile materials, while the imports include oil seeds, iron and steel manufactures and machinery.
(APP)
According to information reaching here Thursday, Secretary Commerce Suleman Ghani and other officials of the Ministry were present on this occasion. The minister expressed a desire that increased interaction of businessmen and contacts on officials' level between the two friendly countries would provide an opportunity to identify areas of mutual interests.
The delegation was told that Pakistan attaches greatest importance to its trade relations with the EU, which was the single largest trading partner accounting for 27 percent of county's exports and 17 percent of total imports. The trade volume had been doubled in the last five years, the delegation was told. The visiting Director General expressed that like Pakistan, Romania was also located at a strategic point of Black Sea in Eastern European.
He underlined the need for exploring the potentials in trade and Commerce at bilateral level as well as on the EU forum. The Minister pointed out that since Romania was a member of EU, Pakistan would like to have its meaningful support at EU level, besides bilateral partnership.
The recently held first Pak-EU summit in Brussels was a clear indication of broadening the commercial relations between EU and Pakistan. Pakistan's major exports to Romania include material of animal origin, cotton fabrics and articles of textile materials, while the imports include oil seeds, iron and steel manufactures and machinery.
(APP)
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