Pak-Philippines cultural ties will strengthen bilateral economic relations: Maria

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Chargé D’affaires of Philippine to Pakistan Dan Erwin Bagaporo and Cultural Office Maria Agnes M. Cervantes on Saturday said the promotion of cultural relations between Pakistan and the Philippines will also strengthen bilateral economic and trade relations.

She expressed these views while addressing the cultural show along with senior diplomats and first secretary of embassy Dan Erwin C.Bagaporo, organized by the embassy of Philippine to promote the cultural cooperation between Pakistan and Philippines.

On the occasion ,senior diplomats from the Association of SouthEast Asian Nations (ASEAN) including Indonesia, Vietnam, Mayamar,Thailand and Malaysia attended the Cultural Show.

Maria Agnes said that Pakistan and the Philippines have extensive opportunities for promoting mutual cultural, economic and trade relations.

She said that Pakistan and Philippines have ample opportunities for cooperation in tourism.

She said that ASEAN countries, Asian Pacific countries, Australia and New Zealand are included in this Free Trade Agreement, which allows Pakistan to benefit from the emerging economic markets of these countries.

Chargé D’affaires said that this century called as the century of Asian region and the emerging economies in Asia have great trade and economic opportunities for the world.

She said that other economies ties with Pakistan, need to be connected to the global supply chain so that they can reap the benefits.

On this occasion, diplomats and First secretary of embassy of Philippine, Dan Erwin C.Bagaporo said Pakistan and Philippine have enriched culture and both sides can promote good people to people contacts as well.

There economic and trade, he said that joint trade between Pakistan and ASEAN countries including the Philippines was not in line with its potential.

He said that there are ample opportunities in the global market including ASEAN for Pakistan’s textile sector, local garments and other agricultural products.

Top exports to Pakistan include garments, paper products, cosmetics, dairy products, processed fruits, coconut products, tobacco, electronic components and machineries, iron, steel, cement and chemicals. Top imports from Pakistan include housewares, Textiles, processed foods, dairy products, marine products, fresh foods, tobacco, textile yarns and twines, and industrial products.

 

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