Brazil to extend co-op to Pakistan in renewable energy sector

Lahore - Ambassador of Brazil Claudio Lins has said that Brazil covers more than 42 percent of its energy needs through renewable sources and is ready for knowledge sharing with Pakistan.

Speaking at the Lahore Chamber of Commerce & Industry (LCCI) on Monday, the ambassador said that Brazil had improved per hector yield through modern technology and double cropping and was also one of the largest exporters of poultry meat. He asked Pakistani businessmen to benefit from Brazilian expertise in these sectors.

Lins said that Brazil was the 9th largest economy of the world with $1.7 trillion GDP and best place for doing business and investment.

“Despite having various commonalities and good diplomatic relations, trade volume between Brazil and Pakistan is meager, “ the envoy noted and added, “The trade volume in 2015 was hardly $369 million which does not match with the potential that exists in the two countries.”

“Brazil is looking for new trade partners in Asia, while Pakistani products are best and can easily make their way into the Brazilian market,” Lins concluded.

ePaper - Nawaiwaqt