Pakistan, Bulgaria agree to work together for promotion of bilateral trade

Foreign OfficePakistan, Bulgaria agree to work together for promotion of bilateral trade

ISLAMABAD, Pakistan: The two-day Second Session of Pakistan-Bulgaria Inter-Governmental Commission concluded in Islamabad on Tuesday, at which they two sides agreed to work together for promotion of bilateral trade and investment.

The Secretary Economic Affairs Division Noor Ahmed led the Pakistani side while Bulgaria’s Deputy Minister of Economy Liliya Ivanova headed her country’s delegation.

The Bulgarian side agreed to facilitate the export of Pakistani citrus fruit, mango, rice, raw cotton, dates, fruits and marble to Bulgaria and other Countries of Eastern Europe whereas Pakistan will facilitate export of Bulgarian products in Pakistan and third Countries.

The two sides also agreed to encourage their businessmen for participation in trade fairs and exhibition and to endeavor for establishment of joint ventures in automotive, engineering and food processing.

On the conclusion, an agreement on Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income was also signed.

During her stay in Pakistan, Liliya Ivanova called on the Minister of National Food Security and Research and Advisor to the Prime Minister on Commerce and Textile and Investment.

In his concluding remarks, the Secretary Economic Affairs Division expressed confidence that both the Countries will continue to strengthen economic and trade relations in future for mutual benefit of two countries.

The Bulgarian deputy minister of economy also reciprocated the spirit of friendship, cooperation and assured that Bulgaria will enhance cooperation with Pakistan in the identified areas.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PM Sharif in Cop29 and Lahore at death bed in Mayo Hospital

PM Shehbaz Sharif in Cop29 Baku and Lahore in ICU in Mayo Hospital

0
Prime Minister Shehbaz Sharif in Baku discussed setting up an internationally-determined contributions (IDC) framework to redefine the global climate funding mechanisms.Addressing a roundtable discussion...
Banking scams, Cybersecurity and the usage of VPN in Pakistan

Banking scams, Cybersecurity and the usage of VPN in Pakistan

0
DND ReportHave you already been a victim of data theft from your cell phone? Have you already lost your hard-earned money from your bank...
There is no harm to change strategy in Balochistan to bring the peace

There is no harm in changing strategy in Balochistan to bring peace

0
DND ReportThere is no doubt left that Quetta Railway Station's suicide bombing targeted personnel of security forces who were leaving Quetta for their homes....

Fight against terrorism requires support of all Pakistanis, believes COAS Gen Asim Munir

0
Quetta, Pakistan:  COAS Gen Asim Munir has said that the fight against terrorism requires the support of all Pakistanis.COAS highlighted that terrorism will never...
The hidden linkages among BLA, TTP, and PTI

The hidden linkages among BLA, TTP, and PTI

0
Islamabad, Pakistan: Another targeted suicide bombing in Quetta (Railway Station) has confirmed again that enemies are not sitting idle and they do not miss...
Advertisement