ISLAMABAD - The Australian High Commissioner (HC), Margaret Adamson, has said Australia is ready to cooperate with Pakistan in various sectors, including agriculture, energy, exploration of natural resources, information technology, health and education, in order to uplift its economic profile .
Addressing business community at Islamabad Chamber of Commerce and Industry (ICCI) on Friday, she said Pakistan was in the driving seat in the IT sector, as it had young and talented IT professionals, adding this was the sector which had the potential for attracting mutual cooperation between the two countries.
She said water conservation and its optimum utilisation was another area of great interest for Pakistan and Australia , as both could face water shortage in future She hoped that strong cooperation in this area could help both the countries in coping with this challenge more effectively.
She said Pakistan was a strong market of 200 million people, with abundant natural resources, while Australia possessed advanced technology and expertise in many fields; so both countries could complement each other in many areas.
She said this region had great opportunities for business and investment, and opined that CPEC was vital for strengthening the regional connectivity.
The HC said Australia could supply LNG to Pakistan to overcome its energy issues.
In his welcome address, ICCI President Atif Ikram Sheikh said Pakistan and Australia enjoyed good political relations, which should be transformed into growing trade and economic relations. He said bilateral trade of US$ 485 million between Pakistan and Australia , during 2014-15, was far less than what it should be, and stressed that both countries should focus on exchange of trade delegations on a regular basis in order to identify new avenues of mutual cooperation.
He said Australia should share its advanced agro-technology and expertise with Pakistan to improve the latter’s productivity and quality of its agro products.
Various proposals for enhanced cooperation in areas of industry, textiles, agriculture, dairy, livestock, skills development and other areas were also discussed.