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
One of the biggest Finnish introducing broker companies Finnprinters, connecting customers and printing houses, has started joint business projects with Lithuania’s 2 printing houses.
more »
Statistics Lithuania informs that, based on the Labour Force Survey (LFS) data, the unemployment rate in I quarter 2009 reached 11.9 per cent, i.e. was close to the level of the year 2004. Over a quarter, the unemployment rate grew 1.5 times, over a year – 2.4 times.
more »
Lithuania’s Acting Minister of Foreign Affairs Vygaudas Ušackas discussed ways of accelerating the implementation of Rail Baltica in the current economic environment and attracting foreign investments for the implementation of this project.
more »
Proposals for transparency and monitoring to keep gas flowing to the EU.
more »
On a day in which G8 leaders in Italy said the world economy still faces "significant risks," a top White House official said the Obama administration is not discussing a second stimulus plan.
more »
EU proposes microfinance facility to encourage the unemployed to start their own businesses.
more »
For those of you who like your fruit and vegetables to look as crooked, knobbly and curvy as possible 1 July was a good day.
more »
Walt Disney will invest almost half a billion U.S. dollars into its Hong Kong Disneyland, to bolster the park's prospects against a planned rival in Shanghai.
more »
On 26 June 2009 Securities Commission (SC) approved the merge of investment funds controlled by UAB SNORAS Asset Management with SNORAS Global Equity Funds of Funds (SGEFF) by joining JT Baltic Equity Fund I.
more »
Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers.
more »