France willing to invest in Food, Pharma & Railway sectors, French Ambassador informs MoS Finance Rana Afzal

H.E. Mr. Marc Barety, Ambassador of France to Pakistan called on the Minister of State for Finance and Economic Affairs, Rana Muhammad Afzal Khan here today.

During the meeting, matters relating to Pak-France economic cooperation were discussed.

Mr. Marc Barety informed the Minister about the great importance France attaches to relations with Pakistan. He expressed the hope that during his tenure as Ambassador to Pakistan, bilateral relations between the two countries will be further strengthened. He also hinted at the possibility of greater involvement of the French Development Bank (AFD) in the project financing in Pakistan which presently hovered around Euro 100-150 million per annum.

The Minister of State invited investment by French companies in the food industry, pharmaceuticals, skill development and railways sectors.  He said that Pakistan’s fast growing economy is opening new avenues for investment. He said that the government would continue to facilitate such initiatives.