Brazilian envoy vows to enhance trade ties with Pakistan

Staff Reporter

Islamabad

Ambassador of Brazil Claudio Lins on Sunday said that Pakistan and Brazil have huge potential to boost trade and business ties and urged for enhancing the trade volume between both of the countries.
Pakistan’s exports with Brazil is just $71 million, which was very low with seventh largest economy of the world and both the countries have huge perspectives for increasing trade and cooperation in the fields of sports goods, instruments, food items, fertilizers, fruits and vegetables cotton, textile and dairy sector, said Claudio Lins, while addressing the discussion, organized by English Speaking Union (ESU) Pakistan along with President of ESU, Khalid Malik, here.
On the occasion, diplomats, academicians, lawyers and known journalists attend the discussions. The Ambassador of Brazil said that China Pakistan Economic Corridor (CPEC) is considers being project of huge significance for connecting Pakistan with world market including European Union and other markets of developed countries.
The Brazilian ambassador said that the Pakistani economy was stabilizing and with the completion of the China-Pakistan Economic Corridor (CPEC), many opportunities will emerge for foreign investors from all around the world, including Brazil. He said that Brazilian embassy in Pakistan was ready to facilitate Pakistani businessmen in this regard, and also called to remove the communication gap to give a quantum jump to the mutual trade.
Touching upon the renewable energy sector of Brazil, Lins said that Pakistan can benefit from Brazil’s expertise and the technology being used in the renewable energy sector. “Brazilian embassy is available at your disposal if any Pakistani company is looking forward for a right partner in the renewable energy sector,” said the envoy.
While discussing the areas of cooperation between the two countries, Claudio Lins, said that Brazil covers more than 42 percent of its energy needs by renewable sources.
He also added that his country was ready to share knowledge in this regard with Pakistan.

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