Italy keen to enhance bilateral trade with Pakistan to $5 billion annually

MG News | December 14, 2020 at 11:40 AM GMT+05:00

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December 14, 2020: Italy has expressed the desire to further enhance trade relations with Pakistan in different sectors of economy.

In an interview with APP on Sunday, Italian Ambassador to Pakistan, Andreas Ferrarese said Pakistan's exports to Italy during last fiscal year were 731 million dollars while its imports from Italy stood at 521 million dollars.

The Ambassador said his country prioritizes to enhance bilateral trade with Pakistan to its full potential of five billion dollars annually in the next three years from current 1.7 billion dollars.

He said Italy is fully supporting Pakistan in GSP Plus status in every review.

He informed that Pakistan has a share of 10 percent of trade with Italy in the whole contribution with EU countries and in future both sides would extend more cooperation in trade and economy.

Radio Pakistan

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