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

First Japan-Baltic States charter flight

On August 4, the first chartered flight of "The Japan Airlines" will arrive from Tokyo in the Baltic States and land in Riga. more »

EBRD water loan to help construction of affordable housing in Siberia

1.6 billion rouble loan to overcome problems holding up expansion of city of Surgut more »

Nordic Shared Services & Outsourcing Forum 2009, 26 – 27 August, Sweden

Nordic Shared Services & Outsourcing Forum 2009, 26 – 27 August, Sweden more »

Lithuania among Least Expensive Countries in Europe

Results of the latest price survey by Eurostat show that Lithuania is on the list of the TOP 10 least expensive countries in Europe. more »

Digital economy can lift Europe out of crisis, says Commission report

The European Commission's Digital Competitiveness report published today shows that Europe's digital sector has made strong progress since 2005. more »

Obama talks GDP, jobs

US President Barack Obama said that the economy was weaker than he thought when he took office, but there are signs of improvement. more »

EIB and UniCredit support the economy in Central and South Eastern Europe: total funding scheduled in 2009 in the region exceeds EUR 1.2 bn

The EIB and UniCredit Group strengthen their cooperation to implement the Joint Action Plan of the largest multilateral lenders in Central and Eastern Europe who have committed to provide up to EUR 24.5 bn lending to the SME sector hit by the global economic crisis. more »

During the first six months of this year AB Bank SNORAS earned LTL 24 million profit

Within the first half of 2009, AB Bank SNORAS earned LTL 24 million of unaudited profit. more »

69% of workers helped by EU globalisation fund found another job

10,000 workers were helped by the European Globalisation Adjustment Fund (EGF) last year and of these, more than two-thirds found a new job, according to a report adopted by the European Commission today. more »

SEB awarded as the best Internet bank in Lithuania

SEB recently won awards for best consumer Internet banks in Lithuania and Latvia in a ranking presented by Global Finance Magazine. more »