LCCI for strengthening Pak-Sweden ties

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Convener of LCCI Standing Committee for Pak-European Union Business Promotion and Chairman Auto Parts Manufacturers and Exporters Association Tahir Javed Malik has urged the government to make all out efforts to further strengthen Pak-Sweden relations as Swedish influence in European Union could help Pakistan to pave way to enter EU market. While welcoming Prime Minister Syed Yousaf Raza Gillani’s visit to the Sweden and address to the Swedish businessmen, Tahir Javed Malik said that the visit was a good omen for economy and would give a boost Swedish investment to the Pakistan in the time to come. Tahir Javed Malik said major bottleneck in promotion of trade and economic activities between the two countries is the lack of information about business opportunities. Government needs to undertake activities like exchange of business delegations, organising country exhibitions, participation in fairs and exhibitions, seminars and workshops, etc to ensure a continuous liaison. He said Pakistan has abundant natural resources and skilled cheap manpower but lacks technology. Swedish technology could help Pakistan to overcome energy crisis. He said Swedish economy is one of the most developed economies of the world. It has highly advanced industries such as machinery, chemicals, watches, textiles and precision instruments.