Pak, Argentina agree to form JWGs to expand trade

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Islamabad

Pakistan and Argentina have agreed to form joint working groups (JWGs) in agriculture, pharmaceutical, information technology and industrial sectors to guide future trade and economic cooperation, besides setting up a Joint Business Council for B2B interaction.

This was agreed upon in the third session of the Pakistan-Argentina Joint Commission (JC) held in a virtual format in Islamabad and Buenos Aires on Saturday.

Pakistani delegation was headed by Secretary Economic Affairs Noor Ahmed, while the Argentine side was led by Ambassador Carola Ramon, Under Secretary, Ministry of Foreign Affairs, International Trade of Argentina.

The experts from all relevant technical departments of Pakistan and Argentina along with ambassadors of both countries participated in the meeting.

The talks focused on specific areas of cooperation, including bilateral trade & investment, agriculture, textile, pharmaceutical sector, science & information technology, industry, maritime, tourism, and forestry.

Noor Ahmed underscored the need for enhancing cooperation between the two countries on the basis of reciprocity, fairness and equity.

The Argentine side also expressed its keenness to expand economic relations with Pakistan.

The two sides had candid discussions on the matters of bilateral trade and economic relations and decided to take measures for enhancement of bilateral trade to next higher level.—TLTP