Ambassador Andreas Ferrarese urges Pakistan Italy Alumni Network to enhance Italy-Pakistan cultural cooperation
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ISLAMABAD: Ambassador of Italy in Pakistan Andreas Ferrarese this week urged the members of Pakistan Italy Alumni Network to play their role in further cultural cooperation and economic integration between both countries.
Talking to the Pakistan Italy Alumni Network, the Ambassador said this year trade had exponentially risen and can reach around €2 billion and in 2021 it was recorded to €1.52 billion.
It is the first time that Pakistan’s exports surpasses €1 billion and are more than imports in Italy, making Italy the second largest export destination in the European market, he added.
He told the alumni that to achieve the €4 billion goal both countries need to enhance investments and explore new avenues of business cooperation such as in Information and renewable technologies.
The Ambassador said that during his recent meeting with Prime Minister Muhammad Shehbaz Sharif, he stressed the need to further enhancing the existing potential to enhance trade and investment relations between Pakistan and Italy.
He also told the Alumni that during the last 10 years the Pakistani community in Italy had surged from 25,000 thousand to 200,000 “
He further added that Pakistan and Italy had a long history of cordial relations and cooperation in political, economic, cultural, and social spheres.
