Czech envoy vows trade promotion

KARACHI: Ambassador of Czech Republic Tomas Smetanka has assured that Czech Embassy would provide accurate information about Pakistan to the Czech businesses and investors to promote trade and investment ties between the two countries.

The Czech ambassador said during the last three to four years, the trade exchange stood at around $200 million per annum, of which one-third was Czech exports to Pakistan, while two-thirds was Pakistan’s export to Czech Republic. “It means we get more from Pakistan than we export, which is partly because of the GSP Plus that has facilitated Pakistan’s exports to the European Union.”

“The next step will be to raise our exports to Pakistan and we will also be enhancing cooperation with the business community of Karachi Chamber to promote trade,” he said while exchanging views at a meeting during his visit to the Karachi Chamber of Commerce and Industry.