Pakistan to take up trade issue with Poland

Published: 20 January 2004 y., Tuesday
An official told Dawn on Saturday that the decision was taken following the move by Poland to become a member of the European Union that might help Pakistan in increasing its exports to other member countries as well. According to the proposed measures, the Polish side might be requested to buy more goods from Pakistan and encourage their private sector to enter into joint ventures with their Pakistani counterparts in the fields of mutual interest for third country markets or on buy back arrangement. It was proposed that there was a possibility of collaboration in industrial and defence sectors, through transfer of technology. This might be explored for promotion of cooperation in this field. The state sector in Poland is currently being privatized. Pakistani industrialists with experience in running light industries can invest in these industries. It was also proposed that Pakistani companies might set up warehouses in Poland in order to establish their presence in the market before Poland joins the EU in the near future. Pakistan has been participating in reputable trade fairs in Poland, specially "POZNAN Fashion Week". Poland exhibitors and trade visitors may participate in trade fairs held in Pakistan, the official added. According to statistics, Pakistan's exports to Poland stood at $18.848 million during the year 2001-02 against $7.580 million in 2000-01, showing an increase of 148 per cent. And Poland's exports to Pakistan stood at $9.715 million during the period under review against $11.836 million of the corresponding year, showing a decrease of 17.9 per cent.
Šaltinis: dawn.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Paris fashion week ignores economic pinch

European cities may still be feeling the pinch of the global recession. more »

EBRD supports private ownership in Kazakhstan’s oil and gas sector

The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields. more »

Car safety: European Commission welcomes international agreement on electric and hybrid cars

The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars. more »

Lithuania’s rating outlook raised by fitch on budget

Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit. more »

Eurostat: Lithuania shows highest increase in retail trade

In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania. more »

Globalisation fund: Parliament backs aid to Germany and Lithuania

Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday. more »

Tourism: upbeat prospects for 2010 season

Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’. more »

Consumer protection under discussion by MEPS

The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg. more »

EU to provide 45,000 micro-loans to unemployed and small entrepreneurs

EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business. more »

MEPs set to vote on help for German & Lithuanian workers

Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday. more »