In-focus

Pakistan, EU can launch joint ventures in various sectors: EU Ambassador Kaminara

Dunya News

She addressed a session of the Lahore Chamber of Commerce and Industry (LCCI) in Lahore.

(Web Desk) – Ambassador of European Union to Pakistan Androulla Kaminara said on Tuesday that Pakistan and the European Union could launch joint ventures in various sectors, including textile.

She addressed a session of the Lahore Chamber of Commerce and Industry (LCCI) in Lahore.

She said Pakistan needed to produce products which were competitive to the products in the European market.

She stated we were ready to help Pakistan to expand its exports to the European Union and like to be its partner in this regard.

She affirmed the EU and Pakistan have signed the Strategic Engagement Plan in June this year to further boost relations in diverse fields.

She mentioned the increase in Pakistan’s exports was because of duty free access to Pakistani products under GSP Plus.

Kaminara pledged that the EU would continue engaging with partners like Pakistan to address the common challenge of climate change through a multilateral approach.

The LCCI president said it was a salient feature of Pakistan’s trade with the European Union that almost 71% of total exports sent to EU were with five countries namely UK, Germany, Netherlands, Spain and Italy.