Pakistan has great potential to expand business relations with France:

Pakistan’s Ambassador-designate to France, Moin-ul-Haque accompanied by Ahmed Irfan Aslam, Commercial Counselor-designate to France while interacting with the business community at Islamabad Chamber of Commerce and Industry (ICCI) said that Pakistan has a great potential to expand business relations with France, an important economy of European Union.

Haque said that he would further strengthen the economic side of his Embassy so that it could play a greater effective role in enhancing the trade relations between France and Pakistan, and his embassy would conduct sector-wise and product-wise studies of French Market, and would share such information with local chambers of commerce.

Mega expos of textiles, furniture and food products would be held in France and Pakistani businessmen should ensure maximum participation in these expos to explore new areas of mutual cooperation.

Atif Ikram Sheikh, President ICCI, said that the bilateral trade between France and Pakistan stand at $ 1.5 billion and trade diversification was the way forward to further improve bilateral trade between the two countries.

Many Pakistani products including sports goods, surgical instruments, leather products, gloves of all sorts, textiles items, sports wears, uniforms & accessories, musical instruments, kitchenware, cutlery items and military uniform badges could find good market in France and Pakistan Embassy in France should cooperate in promoting their exports with France.

An investment conference is being planned in France in September-October this year to highlight investment potential of Pakistan’s economy for French investors. France is showing great interest in CPEC projects, Pakistan Embassy in France should try to convince French investors to give more focus to Pakistan for investment and joint ventures.

Many sectors of Pakistan’s economy including energy, agriculture, transport, construction, pharmaceutical, health, water and sanitization and utilities offer great potential to foreign investors.