Pakistan and the Czech Republic agreed that the full potential of bilateral trade had not been attained and that the two countries should intensify contacts between their businessmen and Chambers of Commerce. The Fifth Session of the Annual Bilateral Consultations between Pakistan and the Czech Republic was held in Prague.
Additional Secretary (Europe & FoDP) Ms. Ayesha Riyaz led Pakistan’s delegation to the meeting. The Czech delegation was led by Deputy Foreign Minister H.E. Mr. Tomas Dub.
Pakistan and the Czech Republic enjoy close and cordial relations. This session of Annual Bilateral Consultations between the two Foreign Ministries provided an opportunity to assess the entire range of these relations as well as ways and means to further strengthen bilateral ties between the two countries.
During the consultations, Additional Secretary (Europe & FoDP) highlighted Pakistan’s counter-terrorism efforts and the sacrifices made by Pakistan in this regard. Discussions were also held on enhancing trade and investment between the two countries.
The Additional Secretary informed the Deputy Foreign Minister of the opportunities offered by the Government of Pakistan to facilitate foreign investors and businessmen.
Cooperation in Defence, education, science and technology and cultural affairs was also discussed. The Additional Secretary appreciated the support of the Czech Republic in strengthening Pakistan-EU cooperation, especially for Pakistan’s efforts for greater market access in the EU. Both sides also exchanged views on regional and global issues of mutual concern.
Additional Secretary (Europe & FoDP) also met Pavel Solc, Deputy Minister in the Czech Ministry of Industry and Trade. The two sides discussed possibilities of strengthening economic links between the two countries through more frequent exchange of visits by business delegations and setting up of joint ventures.
Additional Secretary (Europe & FoDP) informed the Deputy Minister that the Government of Pakistan welcomed Czech power companies to Pakistan for cooperation and investment in Pakistan’s energy sector. Deputy Minister Solc told the Additional Secretary that the Czech Government supported stronger economic relations with Pakistan and would encourage Czech businessman and investor to visit Pakistan.
Europeans Czech out investment opportunities
