ISLAMABAD, Pakistan: Brazil’s Ambassador to Pakistan Claudio Lins on Sunday said that Pakistan and Brazil have huge potential to boost trade and business ties and urged for enhancing the trade volume between both of the Countries.
While addressing the discussion organized by English Speaking Union (ESU) Pakistan along with President of ESU Khalid Malik, the envoy said that Pakistan’s exports with Brazil is just $71 million which was very low with seventh largest economy of the world and both the Countries have huge perspectives for increasing trade and cooperation in the fields of sports goods, instruments, food items, fertilizers, fruits and vegetables cotton, textile and dairy sector.
The diplomats, academicians, lawyers and known journalists attend the discussions.
The Brazilian ambassador said that China Pakistan Economic Corridor (CPEC) is considers being project of huge significance for connecting Pakistan with world market including European Union and other markets of developed countries.
The envoy said that the Pakistani economy was stabilizing and with the completion of the CPEC, many opportunities will emerge for foreign investors from all around the world, including Brazil.
The Brazilian envoy said that Pakistan have important ant geo strategic location, which would give potential to the country for converting as regional trade hub. He said that Brazilian embassy in Pakistan was ready to facilitate Pakistani businessmen in this regard, and also called to remove the communication gap to give a quantum jump to the mutual trade.
Claudio Lins said that Brazil was one of biggest economies of the world and best place for doing business and investment. He said that Brazil was looking for new trade partners in Asia while Pakistani products were best and could easily make their way in the Brazilian market.
Touching upon the renewable energy sector of Brazil, Claudio Lins said that Pakistan can benefit from Brazil’s expertise and the technology being used in the renewable energy sector.
“Brazilian embassy is available at your disposal if any Pakistani company is looking forward for a right partner in the renewable energy sector,” said the envoy.
The envoy that in Brazil, exuberance is everywhere: in the vastness of the desert sands, in the 7,000 kilometers of beaches, in the rivers so large that they resemble the sea.
In the Amazon Forest, the largest on the planet. In the Pantanal, the impressive natural reserve and a World Heritage Site.
Around 58% of Brazil is covered with forests, which include the largest rainforest in the world, located in the Amazon River basin. The country has eight river systems, which carry approximately 20% of the world’s fresh water.
While discussing the areas of cooperation between the two countries, Brazil’s Ambassador to Pakistan, H.E. Claudio Lins, said that Brazil covers more than 42 percent of its energy needs by renewable sources. He also added that his country was ready to share knowledge in this regard with Pakistan.
“We are ready to help Pakistan to meet its energy need via renewable energy resources, like wind, solar and coal” he added.
The ambassador also asserted that Brazil was ready to extend its cooperation to Pakistan in renewable energy sector.
The Brazilian envoy said that his country had improved its per hector yield with the assistance of modern technology and double cropping, further adding that Brazil was also one of the largest exporters of poultry meat.
“Pakistani businessmen could take benefit from Brazilian expertise in these sectors,” he added, further asserting that Brazil was the ninth biggest economy in the world with a GDP of $1.7 trillion and also the best venue for developing business and investment.
Lins said there are vast opportunities of trade, cultural exchange and mutual cooperation among both the countries. He said that Brazil-Pakistan Business Council was established to enhance the trade volume between the two Countries.
Claudio Lins said that Brazil believes in peace and international cooperation and it would explore more ways of possible cooperation with Pakistan in diversified fields
Replying to a question he said that Brazil has annual bilateral trade of US$ 78 billion with China, US$ 11 billion with India and now it was interested to improve trade volume with Pakistan as Pakistan was a potential country for business.
The ambassador said that Pakistan and Brazil have been negotiating since long for setting up of a Pak-Brazil Chamber of Commerce and desired that its establishment should be expedited that will help in promoting business linkages and improve bilateral trade between the two countries.
The ambassador said that flourishing and promoting Capoeira, a sport, effectively in Pakistan is important and for this reason the Brazilian embassy in Islamabad is offering free classes.
H.E Claudio Lins’ devotion and commitment to promote Capoeira in Pakistan is commendable.
On the occasion, President ESU Pakistan Khalid Malik said that Pakistan and Brazil have strong diplomatic ties rooted in history.
Both countries have lot of commonalities to come closer through trade and Business also.
The ESU president said that both the countries require more efforts to boost business and trade relations.
Khalid Malik thanked the members of ESU to participate in this prestigious gathering.
