ISLAMABAD: The Czech Republic considers Pakistan a potential market for business and investment and a delegation of Czech businessmen, led by its Ministry of Commerce, would visit Pakistan in June this year to explore possibilities of joint ventures (JVs) and business collaborations.
This was said by Embassy of Czech Republic’s Commercial Counselor Michal Bobek during his visit to the Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday.
“Czech Republic has the knowledge while Pakistan has the capacity in the textile sector. Our mutual cooperation in this field can prove to be beneficial for both countries,”
he added.
He said bilateral trade between Pakistan and Czech Republic was less than $200 million, which was not reflective of the true potential of both countries. He further pointed out:
“The main reason of low bilateral trade is the lack of information about each other’s economy, trade and investment potential, as well as low level of interaction between the private sectors of both countries,”
