Daily Times

ISLAMABAD: Lithuania is keen to promote bilateral trade and economic relations with Pakistan, as it considers Pakistan a promising country for business relations.

This was observed by Audrius Bruzga, ambassador of Lithuania for Pakistan, but based in Turkey, while addressing the business community at the Islamabad Chamber of Commerce and Industry.

He was accompanied by Muhammad Masud Khan, honorary consul general of Lithuania in Pakistan, and Kristina Babiciene, second secretary of the Lithuanian Embassy.

He said that Lithuania was well integrated with European Union and it wanted to reach out to Pakistan for more cooperation in multiple fields. He said Lithuania had advanced technology and expertise in solar energy, while it was generating more than 56 percent of its energy through renewable sources. He said Lithuania could help Pakistan overcome its energy crisis. He said the ICCI should form a delegation for Lithuania to explore new areas of mutual cooperation.

Speaking at the occasion, Khalid Malik, senior vice president of the Islamabad Chamber of Commerce and Industry, said that bilateral trade between Pakistan and Lithuania was negligible, as there was no direct interaction between the private sectors of both the countries. He stressed that Pakistan and Lithuania should focus on frequent exchange of trade delegations and market information to explore new avenues of mutual cooperation.