A delegation of senior officials of the European Union and business representatives from prominent European companies called on Prime Minister Shehbaz Sharif here on Tuesday, who assured them of his government’s continuous serious efforts to facilitate the growth of trade and investment relations with EU.
The prime minister assured the EU delegation of the Government of Pakistan’s firm resolve to continue working towards the stabilization of the economy, despite regional challenges, including the recent spike in oil prices due to the situation in the Middle East.
The delegation is visiting Pakistan to attend the EU-Pakistan Business Forum. The Ambassador of the European Union to Pakistan Raimundas Karoblis was also present in the meeting.
The prime minister welcomed the EU delegation to Pakistan and thanked them for their participation in the EU-Pakistan Business Forum. He said the EU was Pakistan’s largest trading partner and the destination for the highest volume of exports from Pakistan.
While appreciating the convening of the EU-Pakistan Business Forum, he expressed the hope that the event would encourage further enhancement of trade and investment ties between Pakistan and the EU.
The prime minister particularly recalled his two recent telephone conversations with EU Council President Antonio Costa, where they discussed in detail, the regional security situation as well as ways to further strengthen Pakistan-EU relations.
Appreciating the prime minister’s leading role in peace efforts in the region, the EU delegation expressed deep appreciation to the government for extending full cooperation in hosting the EU-Pakistan Business Forum.
The delegation members spoke about their respective experiences of investments in Pakistan and stated that there was enormous potential for further growth of these B2B ties between the EU and Pakistan in various sectors, including energy, communications, IT, etc. More than 600 B2B meetings are expected on the sidelines of the EU-Pakistan Business Forum.
PM briefs NZ counterpart on peace efforts: Separately, the prime minister received a telephone call this afternoon, from the Prime Minister of New Zealand, Rt Hon Christopher Luxon.
During their warm and cordial conversation, the two leaders exchanged views on the evolving situation in the Middle East. The Prime Minister briefed Prime Minister Luxon on Pakistan’s ongoing diplomatic outreach and efforts, to promote peace and de-escalation in the region.
Prime Minister Luxon expressed deep appreciation for Pakistan’s constructive diplomatic initiatives, including its outreach to both Washington and Tehran, and conveyed his best wishes for the success of the mediation efforts.
The two leaders also agreed to work together to strengthen Pakistan-New Zealand bilateral relations, while expressing their satisfaction at the cordial and friendly ties between the two countries. In this regard, the two Prime Ministers lauded the role of the Pakistani diaspora in New Zealand.