Pakistan is considering a string of measures to be taken up with the Polish authorities for consideration to reduce trade imbalance between the two countries
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.
The most popular articles
The Kakheti Regional Roads Improvement Project for Georgia aims to reduce transport costs and improve access and traffic safety for the Kakheti regional roads.
more »
“Don Quixote – Made in Romania” brought the curtain down on the Cultural Days of the European Central Bank (ECB) 2009, with an expressive combination of tap dance, folklore, pantomime and martial arts.
more »
The Latvian Finance and Capital Market Commission permitted Mr. Vladimir Antonov, who is also the main shareholder of AB Bank SNORAS, to acquire and manage up to 33 per cent of the shareholding of the Latvian bank AS “Latvijas Krajbanka”.
more »
On October 30, the French-capital company “Eurovia Lietuva” opened a new asphalt plant near the capital city Vilnius. The company invested EUR 3.5 million into the new factory which is located near the old manufacturing facility to be closed soon.
more »
During the extraordinary general shareholders' meeting of AB Bank SNORAS, which took place on 5th November 2009, it was decided by additional contributions to increase the authorized capital of the bank by more than LTL 88 million.
more »
The French-capital company “Eurovia Lietuva” opened a new asphalt plant near the capital city Vilnius.
more »
“Banking Market in the Baltics 2009-2011, CEE Banking Brief” report recently presented by Intelace Research states that, despite the current economic recession, Estonia, Latvia and Lithuania are still among the most advanced banking markets in Central and Eastern Europe (CEE).
more »
The Bank of Lithuania permitted AB Bank SNORAS to include in the second level capital LTL 72.5 million (EUR 21 million) worth emission of termless debt securities distributed via non-public distribution on 31st August this year.
more »
The remit of the Parliamentary Committee set up to examine the financial crisis was debated at its first meeting on Wednesday (4 November).
more »
Europeans can now use direct debit from their home account to pay bills anywhere in the EU.
more »