First European Union-Pakistan Business Forum all set to open in Islamabad

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ISLAMABAD – European Union has announced to launch the first-ever EU-Pakistan Business Forum in the country’s capital with an aim to bolster trade activities between both sides.

The forum will be inaugurated on Wednesday next week.

Talking to state-run news agency, EU’s Ambassador to Pakistan Androulla Kaminara said that the initiative would promote and facilitate trade activities between Pakistan and EU with a focus to further enhance public interaction for boosting economic cooperation.

She added that such projects and forum would help further strengthen the bilateral relations, besides contributing to the development of scientific and educational cooperation.

In July, Prime Minister Imran Khan had inaugurated the Uzbekistan-Pakistan Business Forum.

The event had been organized by Pakistan in coordination with Uzbek authorities in Tashkent with a view to boosting bilateral trade and economic relations. The Prime Minister of Uzbekistan, Mr. Abdulla Aripov, participated in the inauguration ceremony and delivered remarks.

In his address, the Prime Minister highlighted Pakistan’s historical, cultural and spiritual connections with Uzbekistan. The Prime Minister underlined the importance attached by Pakistan to deeper engagement with Central Asia and with Uzbekistan as the biggest economy in the region. The premier underscored that both countries must comprehensively upgrade trade and economic ties.

Noting the participation of over 100 top Pakistani businessmen, the Prime Minister stressed that it presented a huge opportunity to forge a stronger partnership with Uzbek counterparts. The Prime Minister welcomed the conclusion of a large number of business contracts and deals between various companies on the two sides.

The PM emphasized, in particular, the primary importance of promoting connectivity and highlighted in this regard Pakistan’s readiness to provide access through Pakistani seaports. The Prime Minister also highlighted the importance of Teans-Afghan railway project, connecting Termez-Mazar-e-Sharif-Kabul-Peshawar. The premier underscored that peace in Afghanistan was of pivotal importance in advancing the connectivity agenda. The Prime Minister highlighted Pakistan’s efforts in support of the peace process.

Read more: https://pakobserver.net/pakistan-hungary-inaugurate-first-business-forum-to-boost-economic-ties/

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