French envoy for enhancing bilateral ties with Pakistan

August 4, 2014 Off By Web Desk

KARACHI: Consul General of France in Karachi, Mr Dall’Orso François has advised Pakistani business community to augment their business ties with French counterparts by sending more business delegations and holding exhibitions in France.

Speaking at a meeting during his visit to Karachi Chamber on Tuesday, the French Consul General added that the French government was looking forward to facilitating business ties between the two countries.

President KCCI, Abdullah Zaki, Vice President KCCI, Mohammad Idrees, Chairman Diplomatic Affairs Sub-Committee, Abdul Jabbar Dalal, Former President KCCI Majyd Aziz and other KCCI Managing Committee members were also present at the meeting.

François said that the business communities of both countries must enhance interaction in order to seek ways and means of how to undertake joint ventures in various sectors of the economy whereas Pakistan can also benefit from French expertise in the energy sector in order to effectively deal with the ongoing energy crisis being faced by the country.

He further informed that the French Consulate will be sending 20 students from Sindh province under a scholarship program to study in France.

To a suggestion regarding sending Pakistani students on internship program, he said that it was a very good idea to send talented Pakistani youth to France on internship so that they could further groom their textile designing skills, which will help in improving Pakistani exports to European Union.

Earlier, while welcoming the French Consul General, President KCCI, Abdullah Zaki said that France and Pakistan share cordial relations which have been historically bonded and are also based on military, defence, cultural, educational cooperation and economic ties.

Touching upon the increasing trend in trade ties between Pakistan and France, Abdullah noted that Pakistan and France have recently signed an agreement on economic and commercial relationship and released a Joint Declaration on Economic and Commercial Partnership. Under this declaration, both the countries try to develop a framework of closer economic cooperation, enhancing trade and investment links in order to strengthen the mutual relationship between two countries.

France is also trying to overcome the current energy crisis faced by Pakistan through Agency Française de Développement (AFD), he added.

Commenting on existing trade volume, President KCCI informed that during 2013-14, Pakistan exported goods worth $526.39 million to France and imported goods of$391.60 million from France, making trade balance favourable for Pakistan. The grant of EU’s GSP Plus status to Pakistan will help in further enhancing the bilateral trade in future, he opined.

Pakistani and French government have been collaborating to enhance their bilateral economic relations, which resulted in increased investment from France in different sectors of Pakistan.

He pointed out that during Fiscal Year 2014, French investors made Foreign Direct Investment inflows of $73.2 million which was 108 percent higher than the preceding year.

Highlighting the potential of enhancing trade between the two countries, Abdullah said that France is one of the main suppliers of defence equipment, machinery and electronics. France and Pakistan can cooperate in establishing industries in Pakistan by utilizing the low cost labour availability and transfer of technology to Pakistan. France is a good market for Pakistani textile products especially readymade garments, bed wear and knitwear, he added.

The post French envoy for enhancing bilateral ties with Pakistan appeared first on Pakistan Press International.