ISLAMABAD, Pakistan: The Charge d’ affairs Embassy of Portugal Dr. Joao Paulo Marques Sabido Costa on Thursday said that his Country intended to enhance trade with Pakistan as both the Countries have good potential to improve bilateral trade in many areas by promoting business to business linkages.
While addressing the business community at Islamabad Chamber of Commerce and Industry (ICCI), the ambassador stressed that Pakistan and Portugal should exchange trade delegations and promote B2B linkages to know each other and explore new areas of mutual cooperation.
Dr. Joao said that being a hi-tech Country, Portugal was ready to provide technology and machinery to Pakistan in many sectors including agriculture, textile, marble, water resources, building and constructions.
The Charge d’ affairs said that Portugal was close to European Union and Sub-Sahara, and Pakistan should develop close cooperation with it to get better market access to European and African regions.
The Portuguese envoy said that Pakistani Basmati rice and food was quite popular in Portugal and Pakistan should focus on promoting more products to Portuguese market under GSP Plus scheme.
Dr. Joao said that Portugal has offered a Golden Visa Programme to attract investment in real estate sector and Pakistani investors should take benefit of this programme.
The Charge d’ affairs further said that Portugal has Preferential Trade Agreements (PTAs) with many Countries and by investing in Portugal, Pakistani investors can promote exports to Europe, Africa, Canada and other regions.
In addition, he said that ICCI should form a delegation for Portugal to explore new business opportunities.
