KARACHI - Ambassador of Romania to Pakistan Emilian Ion has said that Pakistan and Romania enjoy good political relations however, the bilateral trade volume needs to be enhanced as per existing trade potential.
During his visit to Karachi Chamber of Commerce & Industry, he further said that Romanian exports to Pakistan in 2011 were $46 million while the imports from Pakistan were $22 million and total volume of trade in 2011 stood at around $68 million. Top three Romanian exports to Pakistan were plants and products of plant, electrical devices and parts whereasas top three imports from Pakistan were textile products, livestock, plastic and rubber products.
He was of the view that exchange of business delegations was imperative to explore bilateral trade prospects.
The initiative to establish Pakistan-Romania Business Council was to bridge together the business communities of two countries and explore new avenues of commercial cooperation and organizing of single country exhibitions in respective countries, he informed.
KCCI President Muhammad Haroon Agar urged Ambassador of Romania to invite Romanian investors to invest in Pakistan. He highlighted the real and true potential of Pakistan with all its strengths. He said that Romania is a seventh largest European Union market and has enormous potential for Pakistani products especially in textiles.