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

AB Bank SNORAS business loan portfolio has increased by 74 million Litas

On 30th April this year, AB Bank SNORAS business loan portfolio, in comparison to 31st December 2008, i.e. during the first four months of this year, grew by 74 million Litas or 3.8 per cent, while the business loan portfolio of the most banks operating in Lithuania was decreasing. more »

UK car sellers' pitch to the city

London's financial district, Canary Wharf is transformed into a giant car showroom. Dozens of manufacturers and dealers have flocked to this part of the city to show off their latest models. more »

Russia overtakes Spain, U.K. as largest ATM market in Europe

In the latest edition of its 2009 survey, "ATMs and Cash Dispensers Central and Eastern Europe," Retail Banking Research Ltd. says the 15 countries it has tracked in CEE have once again shown exceptional growth. more »

Another Five Winners of the Danske Bankas Monthly Scholarship Award have been Announced

During the draw another five winners of the Danske Bankas monthly Scholarship award (a one off payment to the amount of 250 litas) were announced. more »

Commission approves Swedish state guarantees for Volvo Cars

The European Commission has authorised, under the EC Treaty’s rules on state aid, plans notified by Sweden to provide guarantees that would enable Volvo Personvagnar to access loans from the European Investment Bank. more »

EU and Southern African countries sign interim deal

The European Union signed an interim Economic Partnership Agreement (EPA) today with Botswana, Lesotho and Swaziland. more »

EU previews jobs strategy

Commission proposes to immediately free up €19bn in earmarked funds to fight unemployment as recession takes its toll. more »

From 1 July 2009 Danske Bankas will introduce new fees for bank services and operations

Danske Bankas would like to inform all present and future customers that, as of 1 July 2009, the cash withdrawing fee from Danske Bankas' ATM network in Lithuania is to change. more »

Food labels revisited

One day not so far in the future, Europeans may be able to buy a loaf of bread knowing where the flour came from. more »

GM bankruptcy seen near

General Motors is getting closer to filing what would be the largest industrial bankruptcy in US history. more »