Islamabad:,,, Ms. Lilianne Ploumen, Dutch Minister for Trade called on Engineer Khurram Dastgir Khan, Commerce Minister here Friday and discussed matters of bilateral interest.
Commerce Minister thanked and appreciated the support and efforts of the visiting Minister for commendable role of the Netherlands in securing GSP Plus and Autonomous Trade Preferences for Pakistan.
Both the Ministers agreed that the existing level of bilateral trade of US$ 768 million does not reflect the true potential of trade available between the two countries.
Talking to the visiting Minister, Engineer Khurram Dastgir Khan appreciated the role of the Netherlands Centre for Promotion of Imports (CBI) in imparting technical expertise to many trade officials and businessmen over the years.
CBI had over the years conducted many capacity-building events both in the Netherlands and Pakistan helping small and medium size entrepreneurs to improve their efficiencies and output.
The Dutch Minister for Trade appreciated the commitment of Government of Pakistan to effectively implement 27 United Nations Conventions pertaining to Human Rights, Labour Rights, Climate Change, Narcotics Control and Good Governance.
The visiting Minister assured that Government of Netherlands would continue to assist Government of Pakistan in developing technical expertise.
The Commerce Minister informed the Dutch Minister that a roundtable conference is being planned by Ministry of Commerce to be held in The Hague in the fall of 2014.
Minister for Commerce will lead a delegation of prominent businessmen from Pakistan to meet their counterparts in the Netherlands. The conference will also aim to attract investment to Pakistan.
The Dutch Minister informed that Government of Netherlands would be pleased to assist in making this roundtable a success in any manner.
Mr. Dastgir said that there are challenges in doing business in Pakistan but the benefits out class the challenges for the investors.
He informed the Dutch minister that the world has started to look at Pakistan through the reality that facts provide instead of having preconceived notions about Pakistan.
Resultantly, the investors from all over the world have shown keen interest to invest in Pakistan and explore the business potential in the numerous virgin markets which would yield untold benefits for the pioneer investors, he added.
The Minister invited the Dutch companies to participate in the Pakistan Expo to be held later this year and explore the investment and trading opportunities available under one roof.
The Dutch Minister for Trade added that the Dutch companies working in Pakistan have a very positive view about the economic growth rate of Pakistan and they see more potential which can bring fruits for the nation in the years to come.
She added that building relations with emerging economies like Pakistan is a key to Dutch economic and trade policy which help them learn through the robust economic pursuits of the emerging markets as well as sharing the Dutch expertise and strategies with them.