OUR STAFF REPORTER LAHORE The Belgian Ambassador Hans Christian Kint has stressed the need for sector-specific measures are needed to take the volume of two-way trade to the desired level of $1 billion. The Ambassador was speaking at the Lahore Chamber of Commerce and Industry on Wednesday. LCCI President Irfan Qaiser Sheikh presented Address of Welcome while Senior Vice President Kashif Younas Mehar and Vice President Saeeda Nazar also spoke on the occasion. The Ambassador assured his full cooperation to the Lahore Chamber of Commerce and Industry for strengthening the existing business relations between the two countries. He also eulogized the LCCI saying that the exchange of trade delegations and trade fairs are the most effective marketing tool in this fast changing global scenario. Speaking on the occasion, the LCCI President Irfan Qaiser Sheikh said that Belgian expertise in engineering, automobile sector, chemicals industry, crystal & glass products, electrical and electronic sector is well known around the globe. Therefore, there are good prospects for undertaking joint ventures in Pakistan with the help of Belgian experience and technical know how in a number of fields. He said that the growing importance of Belgian in the wake of its central position and location in the European Union calls for more integrated efforts focusing on exchange of trade delegations, institutional contacts between the Chambers of Commerce, participation in international trade fairs etc. Major items of exports to Belgian are textiles products, cotton, articles of leather, cereals, sport goods etc. The items that are imported from Belgium include iron & steel, machinery, pharmaceutical products, chemical products, electrical and electronic equipment etc. Irfan Qaiser Sheikh said that with extensive natural resources, including oil and natural gas reserves, the fourth-largest coal reserves in the world and potential for hydropower, Pakistan offers marvelous opportunities to Belgian businessmen. The LCCI President said that there are prospects for growth in trade and investment particularly in the field of agribusiness, education, mining for oil and gas exploration, IT & Communications and development of processed foods etc.