Czech Rep to cement trade ties with Pakistan, sees large scope in textile

Jan Fury, Ambassador of Czech Republic to Pakistan, speaking at a meeting of Pak-Czech Business Council on Wednesday said that his country is extremely interested in investing in China-Pakistan Economic Corridor, and to access the Central Asian states through Pakistan.

He further added that a high-level Pakistani delegation was due in Prague shortly, with which many issues would be taken up, including bilateral trade and cooperation, CPEC and route to the resource-rich Central Asia.

The Czech Prime Minister would also be visiting Pakistan to cement the trade ties, as there existed a large scope for cooperation in the fields of textile, steel, transportation, IT, electronics and heavy machinery.

The ambassador said that Pakistan’s major exports were textile products, which must be diversified.

He underlined that their trade with India is satisfactory but not as per the potential with Pakistan for which both the governments and the business community could play their role.

They need to improve communication between the business communities of the two countries as the trade volume between the two countries is low for which he also invited Pakistani businessmen to take part in the Europe’s oldest trade fair, scheduled in September, which would help explore avenues for enhanced collaboration and bring the business communities of Czech Republic and Pakistan closer.

The participants, led by Amir Atta Bajwa, assured all-out cooperation for enhancing economic ties between Pakistan and the Czech Republic, and pledged that not only they would heavily participate in the trade fair but would also establish a Pakistan pavilion there.

The Pak-Czech Business Council meeting was attended by Council Chairman Amir Atta Bajwa, FPCCI VP Jauhar Ali Raki, ICCI President Atif Ikram Sheikh, Chairman Coordination FPCCI Malik Sohail and representatives of Sargodha and Faisalabad Chambers of Commerce.