Islamabad, 7 October 2022 (TDI): Syed Naveed Qamar, Pakistan’s Federal Minister of Commerce met Maciej Pisarski, Ambassador of Poland to Pakistan, in the Minister’s Chamber of Parliament House.
During the meeting, he stated that Pakistan desires to remain constructively involved with the European Union (EU) and its member states.
In this vein, Pakistan aims to improve business relations in terms of protecting and promoting the social, economic, and other rights of the Pakistani people.
The meeting was also attended by Federal Secretary Muhamad Sualeh Ahmed Faruqui, Additional Secretary Syed Hamid Ali, and Joint Secretary Atif Aziz.
Syed Naveed Qamar stated during the conference that Pakistan aspires to strengthen its foreign connections as it refocuses on economic development through trade and connectivity.
Pakistan’s top objective continues to be strengthening relations with friends and partners. He stated that Pakistan and Poland maintain positive connections in areas such as bilateral trade, educational cooperation, and parliamentary ties, among others.
Minister Qamar further stated that Poland generates 80% of its energy from coal and can thus assist Pakistan in this field because the country has vast deposits of coal.
Likewise, he added that by March 2023, Pakistan’s production would double, recognizing the country’s importance in the field of energy.
While Ambassador Maciej Pisarski expressed his enthusiasm for increasing the trade volume between the two nations.
He noted that Poland has become Pakistan’s seventh largest trading partner in the EU, with total bilateral trade reaching roughly USD 506.6 million in the fiscal year 2021-22.
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He stated that both countries have significant potential in the fields of energy, digital technology, automobiles, machinery, engineering goods, IT, pharma, agriculture, and tourism, but this potential needs to be realized.
He also highlighted his concerns about the problems that some Polish companies are experiencing as a result of a modification adopted by the State Bank of Pakistan through all commercial banks’ trade sections to control foreign currency reserves.
In response, the Minister stated that he would provide his full assistance in this matter and that all concerns of Polish enterprises will be handled quickly after meeting with stakeholders.
Earlier, the Ambassador offered his condolences for Pakistan’s present flood situation and conveyed his heartfelt sorrow for the loss. He also promised complete government and non-government support in this hour of trial.
