Pakistan, Brazil decide to boost bilateral trade

Pakistan, Brazil decide to boost bilateral trade

Pakistan and Brazil have decided to increase bilateral trade and investment for benefit of the peoples of both the countries.

Agreement to this effect was reached during talks between the two countries in Brasilia.

Pakistan's main exports to Brazil are in home textiles, surgical goods, cotton fabrics, yarn and sports goods whereas its main imports are raw cotton, iron and steel, soybean oil and machinery.

Secretary Commerce Muhammad Younus Dagha, after the talks, said both the sides have looked into ways and means to increase bilateral trade.

Both the sides also agreed to collaborate closely in mines and energy sectors; learn from each other's experiences; share technological expertise; and explore possibility of investment in relevant sectors.