Islamabad, 11 February 2023 (TDI): President of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Irfan Iqbal Shaikh held an official meeting with the Ambassador of Bulgaria to Pakistan Irena Gancheva.

During the meeting, the officials discussed the bilateral relations between Pakistan and Bulgaria and stressed the need for enhancing trade and investment relations between both countries.

The members of FPCCI including Vice President, Umar Masood ur Rehman, Qurban Ali, President Nagar Chamber, Saqib Taj Abbasi GB Member FPCCI, and Mining Associate, Farukh Alvi also participated in the meeting.

Remarks by representatives

The President of FPCCI while talking with Ambassador said that both countries enjoy cordial trade and diplomatic relations, which are based over 57 years. The countries share common views on many international issues.

He stressed the need to enhance trade. In this vein, Irfan reiterated, “Huge opportunities for cooperation and collaboration in a host of economic sectors are present. These opportunities could mutually benefit the people of both countries.”

Also read: Bulgarian Ambassador visits Takht-i-Bahi in Mardan

The FPCCI President urged the need to enhance bilateral cooperation in the field of agriculture. Along these lines, he highlighted Pakistan’s huge livestock potential and its top rank among the milk-producing countries.

He noted that the Bulgarian world’s best expertise in yogurt production and collaboration in the field of agriculture and dairy development would further promote the output of agri-value-added products.

Irfan concluded his remarks by stressing that the multi-billion dollar China-Pakistan Economic Corridor Project (CPEC) is also offering investment opportunities. He called for Bulgarian investors to take benefit from it.

In her turn, the Bulgarian Ambassador reiterated her resolve to further cement bilateral trade and diplomatic relations between both countries. She said that such interaction would enhance people-to-people contact.

Gancheva told that a Joint Economic Commission of both countries was also established in 2015. Its purpose was to explore opportunities for enhancing trade and investment between both countries.

The Envoy also stressed the need to diversify the trade and investment cooperation in areas of agriculture cooperation and dairy development.