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Italian Diplomat Sees Huge Trade Opportunities in Pakistan

Ambassador of Italy to Pakistan Andreas Ferrarese stated in Islamabad that trade and investment potential between Pakistan and Italy are immense, and businessmen and traders from both countries can gain.

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He stated that Pakistani businesspeople and merchants should move forward and strengthen commercial and trade connections between Pakistan and Italy.

Economic, commercial, and cultural ties between Italy and Pakistan are at an all-time high, he stated while holding a dinner for senior business leaders and presidents of several chambers of commerce at his residence.

During the 2020-21 fiscal year, Italian worker remittances reached $601 million, an all-time record, he claimed.

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The envoy stated that Italy was now offering technical help in the industries of agriculture, textiles, leather, and marble through the use of new machinery.

The ambassador stated that through the green economy, Italy wished to collaborate with Pakistan on environmental preservation, circular economy, resource conservation and management, ecosystem protection and recovery, water conservation, and the prevention of natural disasters.

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