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Home Headline

UBG appreciates the enhancement of Pakistan’s export to Italy

News Desk by News Desk
August 5, 2021
UBG Spokesperson
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S M Muneer Patron-in-Chief, Iftikhar Ali Malik Chairman , Zubair Tufail President, Zafar Bakhtawari Secretary General , Mr Khalid Tawab Chairman Sindh UBG, other leaders and members of UBG on Executive Committee of FPCCI 2021 have highly appreciated the joint efforts of the Ministry of Commerce and Embassy of Pakistan in Italy resulting in a quantum record increase of Pakistan’s exports to Italy $ 786 million in 2020-2021 which  is 49 percent higher than the previous year, revealed in report of Pakistan’s embassy.

They said Pakistan’s export to Italy was remarkable, and its credit goes to the Ministry of Commerce and Pakistan embassy in view of the fact that Italy was worst hit by pandemic and its GDP had severely fallen.

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Pakistan textile, leather, and rice, are the main contributors to our export to Italy, and the menu of our exportable items can be further enhanced, they said.

They further added that Italy is also an important trading partner of Pakistan in Europe and it ranked fifth among Pakistan’s top export destinations.

They underlined both economies had a tremendous potential to further enhance economic and trade cooperation particularly in the areas of construction, agriculture, technology, plastic, process food, dairy, livestock, pharmaceutical, and environmental protection.

UBG leaders have requested all trade bodies to emphasize their members to intensify interactions with their European counterparts and Commercial sections of Pakistan embassies in Europe to explore new avenues for export and JVs.

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