French investors willing to invest in Pakistan: Envoy

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From Business Correspondent

ISLAMABAD: French investors are willing to invest and explore possibilities for investment in different sectors, said French Ambassador Marc Barety France in a meeting with Acting Chairman Senate Senator Saleem Mandviwala here yesterday.

The Acting Chairman Senate welcomed the remarks of French Envoy and said that trade needs to be diversified as the current volume of trade is much below the mark. Mandviwala said that trade provides better opportunities to bring people of the two sides closer. “Business chambers and associations have a huge potential to boost trade” he said.

Senator Saleem Mandviwala said that business and trade chambers are the power houses generating business activities and consolidating bilateral ties. He said that Pakistan values its bilateral relations with France and desires to further expand these ties through enhanced interactions at parliamentary and other levels.

The French Ambassador expressed his satisfaction over the security situation in Pakistan. He said that situation of security in Pakistan has improved a lot.

The Acting Chairman Senate also raised the issue of travel advisory. He said that travel advisory needs to be reviewed so that people to people contacts and bilateral trade and investment opportunities could be explored. “I have a very positive view of Pakistan as far as security is concerned” the French envoy said. He said that France has reviewed it travel advisory for Pakistan. The Acting Chairman Senate said that trade volume between Pakistan France needs to be increased and trade chambers can play active role in this regard.

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