LAHORE Argentina offers huge opportunities to Pakistani businessmen particularly in livestock, agriculture and CNG sectors therefore they can initiate joint ventures with their counterparts in Argentina in these sectors. This was stated by Argentina Ambassador Mr. Rodolfo J Martin-Saravia while addressing a meeting here at Lahore Chamber of Commerce and Industry on Wednesday. LCCI Senior Vice President Kashif Younis Meher presented the address of welcome. Rodolfo, who spent well over an hour at LCCI, highlighted a number of issues hampering the bilateral trade between the two countries and forwarded various proposals to give boost to two-way trade. The Ambassador also promised to extend technical assistance to Pakistan in the agriculture field in general and for plantation of Soyabean crop in particular as the country is the biggest grower of Soyabean while Pakistan is the largest consumer of this commodity. The Ambassador said that there are a number of other sectors including CNG in which Pakistani businessmen could learn from Argentina experience. Speaking on the occasion, the LCCI Senior Vice President Kashif Younis Meher said that although Pakistan and Argentina enjoy friendly relations but the trade between the two countries is insignificant. Argentina s major trading partners are USA , Brazil , Chile , China and Germany . The trade between Pakistan and Argentine over the last five years has averaged around 68.72 million dollars. The first priority is to increase the volume of bilateral trade while after the increase, the measures would be taken to turn it into a win - win situation for both the countries. He said the major bottlenecks in promotion of trade and economic activities between the two countries is the lack of information about business opportunities available between the two countries. He said that there is need to undertake frequent activities like exchange of business delegations, organizing country exhibitions, participation in fairs & exhibitions, seminars and workshops etc. to ensure a continuous liaison. The LCCI Senior Vice President Kashif Younis Meher said Pakistan and Argentina , signed formal agreement in 2002 giving MFN status to each other, could not attain the desired level of economic relations. The figures of bilateral trade of the last three years further validate my statement. In 2008, our two way trade stood at US$ 244 million which fell to US$ 117 million and US$ 115 million in 2009 and 2010 respectively.