STAFF REPORT ISB: Pakistan and Italy entered in a new phase of cooperation in various sectors as Italian delegation had meeting with high officials of different Ministries this week.
Federal Minister for Water and Power and Defense, Khawaja Muhammad Asif urged to strengthen cooperation between Pakistan and Italy in fields of energy sources, power etc.
Vice Foreign Minister, Benedetto Detta Vedova expressed his intense curiosity in different areas of investment in Pakistan specifically in energy, hydropower, LPG, mining, agriculture machinery, food processing, telecommunication, automotive, and oil and gas etc. He also said that Italy was also agreed on technology transfer and interested in joint ventures for different projects in Pakistan. He said it would also ensure solutions by bringing improvement in the efficiency of the distribution system in the country.
Minister Benedetto Detta Vedova said that frequent high officials visit during last few years has catalyzed the mutual ties between both countries. He also informed Minister that Italian companies keep close eye the Pakistan market to identify various investment opportunities.