Karachi, March 21, 2023 (PPI-OT): Mr. Suleman Chawla, Acting President FPCCI, has proposed that Pakistani exporters should tap the potential to export to the emerging European economy of Lithuania in the Baltic Region. He also expressed his admiration of the fact that Lithuanian economy has grown by over 500 percent since 1990 – and that, for all practical reasons, points us to the direction to where the Lithuanian economy is headed.
Mr. Suleman Chawla appreciated the fact that H. E. Ricardas Degutis, Ambassador of Lithuania to Pakistan, visited the FPCCI Head Office within days of his assuming the role; and, that shows his seriousness to promote trade and economic relations between the two countries. He added that FPCCI will explore the possibility of signing an MoU in trade promotion with its counterpart chamber in Lithuania to pave the way for an enhanced economic cooperation agenda between the governments of the two countries.
Acting FPCCI Chief highlighted the fact that Pakistan has always regarded Lithuania as one of the important countries for trade and strategic affairs given its geographical location at the Baltic Sea; and, sharing land borders with Russia, Poland and Belarus. Mr. Chawla extended his full support from the platform of FPCCI to help organize trade visits and B2B engagements of Lithuanian importers and investors to explore Pakistani world-class textiles; leather products; IT and ITeS; sports goods; surgical instruments; mineral and natural resources; rice, fruits and vegetables and hospitality and tourism.
Mr. Suleman Chawla apprised the session that Pakistan has made tangible gains with Lithuanian neighbours Russia and Belarusin the recent months vis-a-vis trade relations. It is only logical to expand those gains to the Baltic Europe, he added. H. E. Ricardas Degutis, Ambassador of Lithuania to Pakistan, informed the prominent business personalities at FPCCI Head Office that he is willing to play his role, as country’s top diplomat for Pakistan, to connect FPCCI to Chamber of Lithuania as people-to-people and business-to-business linkages must be fostered to strengthen economic relations.
For more information, contact:
Head Office,
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
Federation House, Main Clifton, Karachi, Pakistan
Tel: +92-21-35873691-94
Fax: +92-21-35874332
Email: info@fpcci.org.pk
Website: http://fpcci.org.pk/