Argentina to invest in Gwadar port
ISLAMABAD, Sept 7: Pakistan and Argentina on Wednesday identified areas for collaboration, which include gas pipeline, petroleum explorations and investment in the Gwadar Port development.
This was one of the outcomes in the first meeting of the Joint Committee of Pakistan-Argentina. Pakistan commerce secretary and Argentina secretary of trade and economic affairs led their respective side.
It was also agreed that the cooperation would be extended to other areas like agriculture, pharmaceutical products, etc.
Meanwhile, an agreement was also signed between Karachi Chambers of Commerce and Industry and Argentine Chambers of Commerce for increasing bilateral trade and flow of information between the private sectors of the two countries.
In order to further promote the flow of information between the two countries, a memorandum of understanding (MoU) will be signed between Export Promotion Bureau (EPB) and its counterpart organization in Argentine.
To implement the spirit of cooperation, it was agreed in the meeting that Argentina would send a trade delegation to Pakistan in the first quarter of 2006, and EPB would hold a single country exhibition in Argentina to fully tap the market.