11/13/2006

Poland keen to expand trade ties

KARACHI: Consul General of Poland in Karachi, Ireneusz Makles has said Poland is keen to expand its trade with Pakistan and prospects of boosting economic ties are very good.

He was expressing his views on the occasion of 88th anniversary of restoration of Poland�s independence on November 11, 1918.

The consul general said trade volume had increased more than 250 per cent since 2003, adding in 2005 trade between the two sides was worth $129.34 million.

Poland exported goods worth $63.74 million while Pakistan�s exports were to the tune of $65.60 million. �We wish to further increase these figures,� Ireneusz Makles remarked.

He informed Poland was keen to expand trade with Pakistan and cooperate in fields like oil and gas, energy, infrastructure, maritime, engineering and food processing as well as development of small and medium enterprises. �There is an interest and the need for establishing joint ventures between Poland and Pakistan.�

He said �Pakistan is a very important partner of Poland in south east Asia and the two countries enjoy deep-rooted relations.�

He said the Poles highly appreciated continuity of economic growth in Pakistan, fast economic development, structural and comprehensive reforms in various sectors, adding �at present Pakistan stands among top four Asian countries.�

All economic indicators pointed to the fact that Pakistan would sustain economic growth of six to eight per cent over the next five to 10 years and as such investors should look to Pakistan as a potential hub of economic activity in the region, he said.
Source:henews.com.pk



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