Italy vows to foster cooperation with Pakistan

Karachi: Italian Trade Commissioner (ITC) and Italian Trade Promotion Agency (ITPA) Chairman Riccardo Monti concluded that it was an eventful trip of Pakistan that featured one-on-one meetings with the higher officials and businesses community.

During a meeting with high-profile Italian delegation that included Monti and Italian Ambassador Stefano Pontecorvo, Finance Minister Ishaq Dar lauded the cooperation and support of Italy in various sectors and vowed that bilateral cooperation between the two countries would continue in future.

Dar assured the visiting dignitary that all possible facilitations would be extended to the Italian companies for having business ventures in Pakistan, adding that collaboration in the fields of energy sector, agriculture, and livestock based food industry, textiles and automobile industry can be productive as both countries enjoy potential in these areas.

Later in the day, while briefing the press about his engagements, the ITC expressed strong resolve to foster cooperation with Pakistan in different fields including agriculture, leather goods and textile sectors, adding that Italy could contribute both in terms of providing technical know-how as well as funding in different projects.

The ITC evinced particular interest in the automobile sector, saying as soon as Pakistan announces its auto policy, leading Italian automobile companies including Fiat would visit Pakistan and seek business opportunities.

A day earlier, Monti held meetings with Water and Power Minister Khawaja Muhammad Asif and Industries & Production Minister Ghulam Murtaza Khan Jatoi.

It was agreed during the meetings to constitute joint working groups to explore the feasible avenues in cooperation of various sectors of social economics significance.


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