Pakistani Foreign Minister Shah Mehmood Qureshi on a four-day visit to Romania, at the invitation of Romanian Foreign Minister José Manuel Albares Bueno, held meetings regarding bilateral cooperation on regional and international issues. They signed MoUs regarding trade and educational scholarships for Pakistani students.
The MoUs were signed with the Politehnica University of Bucharest for scholarships to Pakistani students. A trade MoU was signed by the Federation of Pakistan Chambers of Commerce and Industry and with the Romanian Chamber of Commerce and Industry. The FM has invited the Romanian counterpart to visit Pakistan. They have agreed to revive the Joint Economic Commission that would be held soon in Islamabad.
To further our #EconomicDiplomacy goals, great to connect with Romanian Minister for Economy Florin Spătaru. Pleased with the increase in trade between 🇵🇰 🇷🇴 & discussed further enhancement along with an MoU signing between the @FPCCI1 & Romanian Chamber of Commerce & Industry. pic.twitter.com/cRlRTu1okr
— Shah Mahmood Qureshi (@SMQureshiPTI) January 10, 2022
FM met Romanian Premier
FM Shah Mehmood Qureshi also met Romania Nicolae Ciuca discussed the Afghan situation and applauded the Romanian Stance on Occupied Jammu and Kashmir. The FM thanked PM Ciuca for the gift of 500,000 doses of covid vaccines. Pakistan desires to build broad-based relationships. They will enhance cooperation in the field of trade, defense, education, science, and technology.
Pakistan eyes EU
Pakistan and Romania had excellent diplomatic relations since 1964 for over 58 years. Shah Mehmood Qureshi in his statement regarding the relationship between Romania and Pakistan stated, “I want to acknowledge that besides excellent bilateral relations and goodwill to each other, our exchanges are frequent. I am here with a very determined view to initiate a new era in our bilateral ties.”
According to the Romanian Ambassador to Pakistan H.E. Mr. Nicolaie Goia, “Pakistan is a very important country not only for the region but for the world at large … Pakistan has huge potential in economics and the China Pakistan Economic Corridor is one of the most important elements of attraction for the business community from the world over.”
Romania, a member of the EU, has become the fastest-growing European economy with a stable democracy. Romania also supported Pakistan to give GSP Plus Status in the EU. Due to this, Pakistan’s exports to the EU increased by 30%.
Pakistan’s largest export market in the EU represents 34% of exports. Romania accounts for 1.78% of Pakistan’s imports from the EU. Romania accounted for 0.31% of total EU imports from Pakistan in 2016.
Such great news is a relief for the economy especially when the country is going through so much. We hope these MoU’s bring forth a prosperous relationship between the two countries and help each other grow further.