Spanish envoy offers assistance in wind power sector

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Spanish envoy HE Mr Carlos Morales said that his country was dedicated to increase trade relations with Pakistan and can provide assistance in energy sector in Pakistan, especially in wind power, as the country was facing immense energy crisis. He said Pakistan must take advantages of GSP plus status to capture European trade markets.

The ambassador informed the members that tourism now turned into an industry and it covered 11 percent of its GDP so there was a need to explore this area and Pakistan could take a huge benefit from it. He further added that his embassy would be in touch with the chamber to increase the bilateral ties and bridge the gap between the business communities of the both countries. Last year the trade volume between Pakistan and Spain was 1 billion dollar and this year it surpassed the number. Spain had a fastest growing economy and it was among the 11th largest investor in the world, he added.

He was exchanging these views with Rawalpindi Chamber President Mian Humayun Parvez during his visit to the Rawalpindi Chamber of Commerce and Industry on Tuesday.

Earlier, the ambassador was welcomed by the RCCI president. A brief presentation on RCCI current activities and upcoming events was shown to the ambassador. The Spanish envoy thanked the chamber president and members for inviting him and said that Spain always get an overwhelming response from the Pakistani business community and his country was eager to increase the trade volume in agro, engineering, textile, gem and jewelry, leather and marble sector.

The ambassador paid a huge compliment to the RCCI on its efforts and dedication to promote business and commerce through the exchange of visits and expos between the two countries.