Ambassador of Argentina Rodolfo Martin Saravia has said that Argentina was ready to support Pakistan in development of Compressed Natural Gas (CNG) sector. He stated this during a meeting with the members and office-bearers of Sarhad Chamber of Commerce and Industry here on Thursday. Chamber's President Dr Mohammad Yousaf Sarwar, Vice Presidents Malik Ifitkhar Awan, Mohamamd Anees, and executive body members were also present.
Both sides agreed to take joint steps for provision of clean drinking water in flood-hit areas of Khyber Pakhtunkhwa and to further strengthen trade and economic ties between the two countries. The envoy said that huge investment opportunities existed in Pakistan particularly in hydel power generation and tourism sectors of Khyber Pakhtunkhwa.
He said that Argentina would carry out joint ventures with Pakistan in agriculture, renewable energy, pharmaceutical, textile, CNG buses, surgical goods, marble and other potential sectors. The Ambassador agreed with the chamber's proposals and suggestions for boosting trade and economic relations between Pakistan and Argentina.
He assured that his country would extend every possible support to Sarhad Chamber for provision of clean drinking water to the flood-affected people of KP. Earlier, the chamber's chief asked the Argentina businesspeople to invest in hydel energy sector. He stressed the need for further strengthening economic and trade ties by easing visa regime between the two countries.