S M Muneer Patron in-Chief, Iftikhar Ali Malik Chairman , ZubairTufail President, Zafar Bakhtawari Secretary General , Mr Khalid Tawab Chairman Sindh UBG, other leaders and members of UBG on Executive Committee of FPCCI 2021 have highly appreciated the joint efforts of Ministry of Commerce and Embassy of Pakistan in Italy resulting in a quantum record increase of Pakistan’s exports to Italy $ 786 million in 2020-2021 which is 49 percent higher than the previous year, revealed in report of Pakistan’s embassy.
They said Pakistan’s export to Italy was remarkable and its credit goes to Ministry of commerceand Pakistan embassy in view of the fact that Italy was worst hit by pandemic and its GDP had severely fallen.Pakistan textile, leather and rice, are the main contributors in our export to Italy and menu of our exportable items can be further enhanced, they said.
They further added that Italy is also important trading partner of Pakistan in Europe and it ranked fifth among Pakistan top export destinations.
They underlined both economies had a tremendous potential to further enhance economic and trade cooperation particularly in the areas of construction, agriculture, technology, plastic, process food, dairy, livestock, pharmaceutical and environmental protection.
UBG leaders have requested all trade bodies to emphasis on their members to intensify interactions with their European counterparts and Commercial sections of Pakistan embassies in Europe to explore new avenues for export and JVs.