ISLAMABAD, Feb 02 (DNA):Italian Trade Agency is determined to revive Pakistan’s Industrial sector and play its due role to promote business climate in Pakistan through financial, technical and Eco-friendly technologies for economic stability and sustainable growth.
This was stated by Dr. Salvatore Parano, Director, Ufficio ICE, Italian Embassy, Islamabad in a corporate meeting held at, FPCCI , United Business Group (UBG) Secretariat, Islamabad,said a press release issued here on Sunday.
During the meeting a wide range of Italian brands and International business trends came under discussion.
Dr. Salvatore Parano said climate change is affecting the business around the world but Pakistan is a potential country for production of Buffalo Mozzarella (cheese) which is an important ingredient in world pizza industry including olive cultivation and food processing.
He added that Olive farming is also ideal because of sunny climate and soil in Baluchistan and Pothawar region in Punjab Province, because the environment these regions are quite suitable for Olive cultivation, while export of Olive oil can bring millions of foreign exchanges for Pakistan.
Zafar Bakhtawari, Secretary General (UBG) said that high cost of doing business including exorbitant electricity and gas tariff coupled with heavy taxation are affecting business climate in Pakistan
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