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(E) Croatia business potential highlighted at Islamabad Chamber of Commerce
By Nenad N. Bach | Published  06/6/2005 | Business | Unrated
(E) Croatia business potential highlighted at Islamabad Chamber of Commerce


Pak–Croatia business potential highlighted

ISLAMABAD, June 6 (SANA): Ambassador of Croatia Marjan Komal had a meeting with Tariq Sadiq, President and members of the Islamabad Chamber of Commerce & Industry to discuss the possibilities of promoting Pak-Croatia bilateral trade and investment.

While discussing with ICCI, Ambassador informed that Croatia diplomatic mission in Pakistan was closed 3 years before due to some reasons. He further said that had served as ambassador of Croatia in Islamabad, Pakistan. The Ambassador expressed that there exists a great potential of trade and investment between the two countries. He said that a large number of Croatian businessmen participated in Expo at Karachi.

Pakistan in the year 2003-04 exported to Croatia $2.5 million worth products whereas in the same period imports to Pakistan remained $1.3 million, leaving the trade balance in Pakistan’s favour. Mr. Komal said that this trade volume could be increased many fold due to serious efforts.

He said that a number of products like machinery, aluminum, paper, petroleum products and construction equipment be imported from Croatia likewise products from Pakistan can be introduced in Croatia. The Ambassador said that visa for Croatia is easy for Pakistani businessmen.

Tariq Sadiq, President Islamabad Chamber of Commerce & Industry welcoming H.E. Mr. Marjan Komal said that Pakistan’s economy is growing rapidly under the leadership of Shaukat Aziz, prime minister of Pakistan.

The growth rate has touched a remarkable figure of 8.5% and a sustained economic growth is expected in the coming years because of the consistent policies of the present Government.

He said that Pakistan is exploring new markets to expend its trade with other countries and its exports are increasing. He stressed the need for closer linkages between the businessmen of both sides.

He proposed of signing MoU between ICCI and Central Chamber of Croatia for quick exchange of information and visit of business delegations. He assured full support and cooperation of ICCI and dissemination of information to members, so they could locate their business partners. Tariq said that in Pakistan, there are great investment opportunities, and invited Croatian investors to invest in Pakistan.

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