Published On: Thu, Jan 21st, 2021
Published in Category: Islamabad

Kosovo wants to enhance trade and economic relations with Pakistan

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Islamabad: Kosovo wanted to enhance its trade and economic relations with Pakistan as both countries have good potential to do trade with each other in many areas. This was said by H.E. Ilir Dugolli, Non-Resident Ambassador-designate of the Republic of Kosovo to Pakistan while addressing the business community during his visit to Islamabad Chamber of Commerce & Industry. Zahid Anjum, Kosovo’s Honorary Consul also accompanied him at the occasion.

Ilir Dugolli said that Kosovo was interested in developing sector-specific relations with Pakistan to make some tangible progress and later on these relations could be diversified to cover more areas of mutual cooperation. He said that Kosovo has signed trade agreements with many countries that provided it duty free market access to the USA, Canada, EU, UK etc. and added that by promoting trade relations with it, Pakistan could enhance its exports to these markets. He said that Kosovo was interested in reviving its closed industrial units and Pakistani investors should explore the prospects of acquiring them that would enable them to promote exports to many European markets. He further said that Kosovo wanted to have an investment protection treaty with Pakistan that would give more confidence to the investors of both countries in making reciprocal investments and JVs. He was of the view that regular interaction between private sectors with follow up meetings should be the way forward to further strengthen bilateral trade and economic relations between Kosovo and Pakistan.