FAISALABAD:Ambassador of Spain Manuel Durán Giménez-Rico Wednesday said that Pakistan and Spain were
enjoying cordial business relations and they should make efforts to further enhance
bilateral trade.
Talking to a delegation of the Faisalabad Chamber of Commerce & Industry (FCCI), he
appreciated efforts of the government and said that it had adopted the best strategy to overcome
impacts of the corona as it affected the global economies.
He said: ” We must make collaborated efforts to revisit our policies with a focus on bilateral trade”.
He appreciated ‘Pakistan Economic Conference’ conceived by the FCCI and said it would play
a major role to attract the maximum Foreign Direct Investment (FDI) for the expeditious industrial
growth.
He assured of contacting and convincing Spanish investors to participate in the scheduled
Pakistan Economic conference. “It will also provide them an opportunity to personally visit M3
and Allama Iqbal industrial estates and explore the emerging investment opportunities in this region”,
he said and hoped that they would set up hi-tech industrial units.
Atif Munir Sheik, President FCCI, said more than one lac expatriate Pakistani were
contributing their role in the overall development of Spain who were also cementing
bilateral relations.
He said that current trade volume between Pakistan and Spain was around 1.3 billion dollars and:
” We must take necessary steps to double it during the next few years. ”
He also invited Manuel Durán to personally participate in the Pakistan Economic Conference in
addition to inviting Spanish investors to visit Faisalabad. He said it would provide an opportunity
to the Spanish investors to fully understand untapped potential in the fields of textile, housing, construction, pharmaceutical, renewable energy, agriculture, sports and tourism.