AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

"Spanish businessmen are regularly visiting Pakistan despite of travel advisory while another delegation from Spain will visit Pakistan next week. A delegation will also visit Faisalabad in addition to having meetings in Lahore and Karachi," said Manuel Duran, Ambassador of Spain.

While addressing a function at Faisalabad Chamber of Commerce & Industry (FCCI) here on Monday, he said that undisputedly Faisalabad is industrial, commercial and business hub of Pakistan.

"Being a textile capital many local units are also using Spanish textile machinery", he said.

Regarding trade, he said that it is a bilateral process and we hope that it will grow satisfactorily in the coming years.

He appreciated a proposal to give space to Pakistani youth specialized in IT so that they could contribute their role in the economy of Spain.

About dairy sector, he said that Spain has expertise in food processing. However, interested businessmen must point out their specific field so that their proposals and suggestions are processed on scientific lines.

Regarding fashion industry, he suggested that Pakistani exporters should contact their embassy in Madrid to fine tune this idea. Responding to a question of FCCI Secretary General Abid Masood, Commercial Attache Miguel Pena said that he is ready for exchange latest economic data of Spain with this chamber.

Earlier, in his address of welcome, President Rana Sikandar Azam introduced Faisalabad and FCCI. He told that though textile is iconic identification of Faisalabad, yet other sectors including chemicals, rice, sugar, ghee, engineering, poultry and agriculture are also contributing their humble role in its overall uplift.

He told that Faisalabad has unique privilege to house Asia's biggest socks manufacturing unit, biggest rice and state-of-the-art chemical unit. He told that Faisalabad alone is contributing 50 percent share towards total textile exports of Pakistan.

Copyright Business Recorder, 2019

Comments

Comments are closed.