Ambassador of the Republic of Tunisia Adel Elarbi said on Monday that his country was interested in enhancing bilateral trade relations with Pakistan as increased mutual trade cooperation was highly beneficial for both countries.
He said that Pakistan could gain better access to the world’s largest markets like Europe, North Africa and Middle East by promoting cooperation with Tunisia while Tunisia could gain access to Asia by enhancing cooperation with Pakistan. He expressed these views during an interaction with business community at Islamabad Chamber of Commerce and Industry (ICCI).
He said that Tunisia was one of the major exporters of high quality and healthy olive oil at competitive rates and Pakistani olive oil importers should avail this opportunity to promote their business. He said that 80 per cent trade of Tunisia was with Europe and the Pakistani investors should explore opportunities of investment and joint ventures in Tunisia to promote their exports to European and North African markets. He identified agriculture, textiles, electronics, tourism and services as other potential areas of cooperation between the two countries. He was hopeful that Pak-Tunisia preferential trade agreement (PTA) would be signed this year, which would help in enhancing bilateral trade between the two countries. He assured that he would try to get some special treatment for Pakistani businessmen in visa cases so that they could easily visit Tunisia to explore business opportunities there.
Speaking on the occasion, ICCI President Atif Ikram Sheikh said that Pak-Tunisia bilateral trade during 2014-15 was just $33.08 million and all-out efforts on both sides were needed to make significant improvement in two-way trade. He said that both countries should encourage frequent exchange of trade delegations and organise single country exhibitions on reciprocal basis to increase bilateral trade volume.
He said that Pakistan could export rice, pharmaceutical, surgical, leather, sports and many other products to Tunisia. He said that there was good scope for export of fabrics from Pakistan which after value addition in Tunisia could be exported to European and other countries. He said that the two countries should sign PTA leading to free trade agreement, which would bring a lot of opportunities for businessmen of both countries to improve bilateral trade.
ICCI Vice President Sheikh Abdul Waheed also offered many suggestions for improving bilateral trade and economic relations between Pakistan and Tunisia. It was discussed that ICCI would consider taking a business delegation to Tunisia to explore untapped areas of mutual cooperation.
vive la tunisie
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