Pakistan-EU Trade and Commercial Ties overview
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ISLAMABAD: (APP) European Union and Pakistan enjoys strong and established diplomatic, economic and trade relations. The EU has become the third largest market of Pakistani commodities in the World.
European universities offer more than 100 educational scholarships to Pakistani students every year.
These views were expressed by Carlos Morales Ambassador of Kingdom of Spain to Pakistan in a lecture organized by Islamic Research Institute (IRI), International Islamic University Islamabad (IIUI).
Dr Masoom Yasinzai, Rector of the University, Director of the Islamic Research Institute Dr Mohammad Zia ul Haq, researchers, teachers and students attended the lecture.
Carlos said more than hundred thousand Pakistanis are contributing with their dedicated services in main stream of various countries of European Union.
He said that EU has strong trade and economic ties as EU receives 28% of export of Pakistani commodities and particularly Spain is on seventh in the world in terms of Pakistan's export.
Carlos was of the view that in recent years, the volume of Pakistan's export in European markets has been increased.
He also mentioned the detail of the educational, welfare, rural development and poverty alleviation projects of European Union which are continuing in Pakistan.
Spanish envoy shed light on evolution and development of different phases from establishment to present of the European Union.
Carlos said that European Union is known as the first human welfare aid organization in the world and EU providing support and cooperating for peace, stability and prosperity to under develop countries around the world.
Spanish diplomat said EU creates 2.8 million new jobs each year.
On this occasion, Dr Masoom, while thanking to Carlos briefed him about university in detail. He said IIUI producing graduates integrated with teachings of Islam.
"Our graduates are ambassadors of peace, moderation and co-existence serving across the world," Rector IIUI said.
Carlos Morales was presented university crest by Dr Masoom Yasinzai.
