Poland and Pakistan to Boost IT and Digital Technology Cooperation

Syed Naveed Qamar, the Federal Minister of Commerce, met with Maciej Pisarski, the Polish Ambassador to Pakistan, on Friday, October 7. Numerous issues of economic significance were discussed throughout the discussion, and the two countries reached a few trade decisions.

Minister Qamar extended an outstretched hand to the EU and its members after recently meeting with the Zimbabwean ambassador to Pakistan. In the discussion, Qamar expressed Pakistan’s desire to strengthen its business ties with the EU.

The conference was never in doubt about Pakistan’s priority remaining its friendships, according to the minister of trade. He also noted that Pakistan is working to improve its foreign relations as it develops economically in the wake of both natural and man-made disasters.

Qamar emphasized the advantages of collaboration while mentioning the positive relationship Poland and Pakistan have been able to maintain. He stated that Pakistan, which is rich in coal and can help them with their energy needs, produces 80% of its energy from coal. The nation intends to double its coal output by 2023.

The seventh-largest trading partner of Pakistan in the EU is Poland. The two nations’ combined bilateral trade in 2021–2022 was 506.6 Million USD. Pisarski, the Polish ambassador, was pleased with these rising numbers.

The ambassador continued by stating how highly capable each of these nations is. He continued by mentioning many sectors, including those related to energy, digital technology, automobiles, equipment, engineering goods, information technology (IT), pharmaceuticals, agriculture, and tourism. He mentioned the industries and then stated that collaboration in these sectors can strengthen the economy of both nations.

Pisarski expressed concern about the State Bank of Pakistan’s (SBP) management of foreign exchange. He claimed that numerous Polish businesses doing business in Pakistan are being negatively impacted by this legislation.

Ambassador Pisarski expressed his sympathy for Pakistan’s terrible flood situation toward the end of the conference.

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