Pakistan, Sweden vow to increase bilateral trade

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Pakistan and Sweden have agreed to double their trade volume to nine hundred million dollars from 450 million dollars by 2014.
The understanding came at a meeting between Foreign Minister Hina Rabani Khar and her Swedish counterpart Carl Bildt here on Wednesday.
Later addressing a joint news conference Bildt lauded Pakistan’s foreign policy and efforts to bring stability and prosperity in Afghanistan. He said Pakistan’s role in Afghanistan is important and his country would continue to support it. He said they will continue to support the dialogue process between Islamabad and Kabul to achieve their goals.
He said he is glad while visiting a democratic Pakistan and his country is willing to develop political dialogue. He said his country provided humanitarian assistance to Pakistan in the destructive floods. He said his country would continue to work to provide access to Pakistani goods in the European Union countries. He said he had very constructive and useful talks with the Pakistani officials.
Bildt said that now the Afghan National Army has got training and is maintaining law and order situation. He said his country’s support would be intensified during the period of transition in Afghanistan. He said now Afghan security forces are working well.
To a question he highly regretted the Kandahar incident in which innocent people were killed but said it would not have any impact on his country’s policy in Afghanistan.
Addressing the news briefing Foreign Minister said “President Asif Ali Zardari has already said that the solution of the most of the problems would be increasing our volume of trades with the international community‚ especially with European Union. She described her meeting with the Swedish foreign minister as useful and said “we will continue to work to increase our bilateral relations and to increase our trade.”
She said Sweden will help us in the Renewal Energy Sector and to support us in the construction of small and medium dams. She said a mechanism is being developed to increase Swedish investment in Pakistan. Hina Rabbani Khar said that an investor from Sweden had invested 100 million dollars in Pakistan in 2010.
Foreign Minister Khar said that a five year plan has been cleared with the European Union.
On Afghanistan‚ Hina Rabbani Khar said that “it was discussed at the meeting and we support a process of Afghan led‚ Afghan owned peace process in that country”.
She said the Parliamentary Committee was considering the terms of engagement with the United States‚ ISAF and NATO and Pak. will follow such a policy which should have ownership of our people. She said the policy would be more robust and applicable when it has the support of our people and we will apply it easily. She said “our foreign policy should be reflective of mutual interest and mutual respect”.
To a question about the Iran-Pakistan-India gas pipeline foreign minister Khar said “ we will adopt such a policy which should be in our interest”. She said Economic Coordination Committee has already set a committee to look into the said matters and report to the committee.
Foreign Minister said funding is not an issue for Pakistan-Iran gas pipeline plan, there are sources available to arrange finances for the project.

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