Economic ties essential, says Austrian envoy & More Trending News



Collaborative efforts and business-to-business (B2B) conferences between the personal sectors of Pakistan and Austria can take two-way commerce to new heights, stated Andrea Wicke, Ambassador of Austria to Pakistan whereas addressing a gathering on the Lahore Chamber of Commerce and Industry (LCCI) on Thursday.

“Economic ties are crucial because they improve interpersonal interactions, which in turn promote collaboration in all spheres of life,” the envoy noticed.

She added that connections between universities will encourage interactions even additional, expressing a dedication to the Pak-Austria University of Applied Sciences in Haripur.

“The model of educational collaboration should be promoted by both nations and with other European countries,” she emphasised.

The Austrian Embassy’s Commercial Counsellor, Johannes Brunner stated, “The president of LCCI has set a very attainable goal of $1 billion for bilateral trade. By working together, we might even be able to increase mutual trade to $10 billion.”

“Austria is willing to share knowledge with Pakistan in a number of economic fields. A number of Austrian businesses are already active in Pakistan, working in a number of industries, including waste water treatment and infrastructure development,” he stated, including that each nations might additionally discover cooperation within the fields of data expertise and tourism.

LCCI President, Kashif Anwar noticed, “Since 1956, Pakistan and Austria have enjoyed excellent diplomatic relations, but these relations are yet not reflected in trade volume.”

Published in The Express Tribune, November 25th, 2022.

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Economic ties essential, says Austrian envoy

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Economic ties essential, says Austrian envoy

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Economic ties essential, says Austrian envoy

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