Pakistan wants to further expand bilateral ties with France: Speaker | Pakistan Today
relationship between the two countries. The Nuclear Reprocessing Plant. During his visit to France in the Prime Minister of Pakistan,. Zulfikar Ali Bhutto. provide the grounds either to strengthen or hinders the relations between the states. France-Pakistan bilateral relations were established with the non- existence. Introduction France and Pakistan established their diplomatic relations Home > Relations between France and Pakistan > Political Relations.
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This applies all the more to an export-led economy like Italy, in its efforts to increase its market shares in emerging economies, among which Pakistan plays in our view a promising role. Such operational tools, falling under the broader concept of "Economic Diplomacy", are available in Italy to help italian small and medium-sized companies win new markets, as well as encourage foreign companies to invest in Italy. Economic diplomacy is carried out through an institutional body by the name of "Control room for international Italy" in charge of promoting and coordinating internationalization policies.
Co-chaired by the Ministry for Economic Development and the Ministry for Foreign Affairs and International Cooperation, it reflects efforts engaged by central, regional and provincial governments jointly with business unions to coordinate Italy's internationalization strategies and policies, systematizing marketing initiatives, analysis tools and market penetration, and focussing the use of financial resources towards specific and shared objectives.
Our trade and diplomatic network worldwide, consisting of Embassies, consulates, trade offices, Chambers of Commerce and Institutes of Culture is a key element for the implementation of such policies.
Reporting on local political environment and business opportunities and closely interacting with business and financial institutions enables network operators to inform the italian governmental institutions, outlining areas of possible cooperation.
Enhancing our presence abroad, however, is only one side of the coin.
The Bilateral Relations
In today's globalized world, as we are all aware, competition is not only about winning market shares or promoting direct investment overseas. It is also about implementing sound domestic policies to pave the way for foreign direct investment to pour into the country.
To this end, the italian Government is strongly committed in improving its business environment for potential foreign investors through a set of reforms falling under the umbrella of the so called "Doing Business" programme.
Simplifying administrative procedures, enhancing our training system, reducing requirements for new businesses to start up, are just a few examples. Our labour legislation is now more flexible than ever before and better adjustable to economic cycle trends Jobs Act ; options for companies are there to sign specific agreements with fiscal bodies, as well as incentives for investment property, particularly when meant to redevelop specific urban areas.
At institutional level, the italian Government has summarized the whole set of procedures to attract foreign investment under the Law Decree n.Pakistan France World Most Dangerous Mirage 3 Aircraft
Before I touch upon the current state of our trade relations, let me please share a few figures over the italian economy. Despite a sluggish economic growth over the past 15 years, Italy maintains a sizable share in international markets thanks to the quality of its brands and the favour they enjoy among consumers worldwide.
Italy is currently the world's eight export country - holding a 2. We are among those economies that in the globalized world have managed to maintain major market shares at international level. Italy holds the second best industrial trade surplus within the European Union, after Germany, and is one of the world's top 5 markets with an industrial surplus exceeding billion US dollars.
Our trade balance faces the so called "energy burden" huge oil and gas importswithout which Italy would hold the world's 5th biggest trade surplus, after China, Germany, South Korea and Japan. Strengthening bilateral relations is also about building bridges.
This part of the job is already done, as a crucial pillar of the bridge between Italy and Pakistan is represented by the Pakistani community in Italy which amounts aroundpeople and is currently the second largest in the European Union after the one in the UK.
The Pakistani community is socially and economically well-integrated.
It speaks both languages and identifies itself with as many cultures. It contributes to economic growth in Italy and to the wellbeing of their native families in Pakistan through remittances.
Relations between France and Pakistan
This community — mostly composed of businessmen, entrepreneurs, factory workers or brilliant students — represents a value added for the relations between our countries. Let me now dress an overview on the current status of bilateral trade and investment relations between Italy and Pakistan. Italy is the 9th exporting country to Pakistan and the 16th importer from Pakistan. Overall, we are among the top ten commercial partners of Pakistan.
It also means that any tilt towards Saudi Arabia or Iran could contribute to sectarian tensions.
In such a case, the damage to Pakistan would be severe. The Pakistan Army has had a jagged relationship with some GCC countries since it refused to fight in the war in Yemen in But in his first six months in office, General Qamar Javed Bajwa, the Chief of Army Staff, made it his priority to fix both relationships simultaneously. But to ensure that Iran was not isolated, he visited Tehran soon after. Yet, he also made it clear that he would seek closer ties with Iran by resurrecting the Iran—Pakistan pipeline projectwhich had been overlooked by the previous government.
Immigrant networks can help to promote trade between countries of origin and destination by reducing transaction costs, primarily because they have information regarding both their home country as well as the country where they are situated, making them a key source of market information for exporters.
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Therefore the Pakistani government should adopt a more hands-on approach to diaspora affairs. With the help of Gulf states, the Pakistani government should set aside emergency funds for migrant Pakistani workers, to offer protection in the event that companies choose to break or violate their contracts.
This would work as a safeguard mechanism that would prevent Pakistani nationals from working for such companies. And, of course, better education and vocational training of workers should take place both in Pakistan and the Gulf. This would not only ensure that workers are aware of their basic rights, but also give them a chance to compete for better employment opportunities instead of being caught in a low-skill employment trap.
Indeed, an India—Pakistan relationship is useful for long-term relations with the Gulf.