Spain show interest to improve its trade relation with Pakistan

Spain has shown interest to improve its trade relation with Pakistan, said Carlos Morales, Spanish envoy. He further added that his embassy would be in touch with the chamber to increase the bilateral ties and bridge the gap between the business communities of both the countries.

He said that Pakistan must take advantages of GSP plus status to capture European trade markets for which they could provide assistance in energy sector in Pakistan especially in wind power as country was facing immense energy crisis.

He added next that Spain has a fastest growing economy and it is among the 11th largest investors in the world. He was exchanging these views with the President Rawalpindi Chamber Mian Humayun Parvez during his visit to the Rawalpindi Chamber of Commerce and Industry here on Tuesday.

Earlier the Ambassador was welcomed by RCCI President. A brief presentation on RCCI current activities and upcoming events was shown to the Ambassador. The Spanish envoy thanked the chamber president and members for inviting him and said that Spain always get an overwhelming response from Pakistani business community and his country is eager to increase the trade volume in textile, agro, engineering, gem and jewellery, leather and marble sector.

The ambassador paid a huge compliment to the RCCI on its efforts and dedication to promote business and commerce through the exchange of visits and expos between the two countries.

Last year the trade volume between Pakistan and Spain was $1 billion and this year it surpassed the number.

Recent Posts

Thermore unveils recycled Ecodown Fibers T2T insulation

Thermore, a company in thermal insulation, has introduced Ecodown Fibers T2T. The new free-fibre insulation is produced entirely from recycled…

14 hours ago

Eurojersey , Lycra redefine sportswear with utility-focused apparel

Eurojersey, Lycra have collaborated to launch Empowered Play, a new approach to functional apparel where technical performance and comfort come…

14 hours ago

Graphene-X introduces first women’s collection with advance fabric technology

Graphene-X has introduced its first women’s clothing collection, expanding its use of graphene-integrated fabrics beyond the men’s and unisex products.

14 hours ago

bioPEtex project explores bio-based PE for textile production

In the German research project bioPEtex, BB Engineering is collaborating with several partners to develop textiles made entirely from bio-based…

2 days ago

Bcomp, Chapoget create sustainable luxury Cabin Trunk

Chapoget has partnered with Bcomp for advanced ampliTex flax fibre composites to develop the Cabin Trunk, a modern reinterpretation of…

2 days ago

Epoch Biodesign to support textile recycling in Europe

Epoch Biodesign has joined the T2T Alliance to support the development of regulatory systems that can help expand textile-to-textile recycling…

2 days ago