Austrian Foreign Minister Alexander Schallenberg has expressed the desireto expand political and economic relations with Pakistan.
He was addressing a news conference along with Foreign Minister ShahMahmood Qureshi after delegation level talks in Islamabad on Thursday.
The Austrian Foreign Minister said he is accompanied by twenty businessmenfrom his country and being world leaders in different areas such ashydrogen power, infrastructure, tourism and green technology, they arelooking for new markets including the ones in South Asia including Pakistan.
Alexander Schallenberg said both Pakistan and Austria also stand side byside in the fight against extremism and terrorism. He said we also wantpeace and stability in Afghanistan.
Foreign Minister Shah Mahmood Qureshi said both sides have charted a wayforward to promote the existing bilateral relations. He said our talkstoday focused on the possibilities of trade and investment cooperation.
Shah Mahmood Qureshi said the Austrian businessmen will hold talks withtheir Pakistan counterparts and the Adviser on Commerce to further explorethe opportunities of cooperation.
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He pointed out that Pakistan is a market of two hundred million people andit has the potential of becoming the hub for regional trade.
Responding to a question, the Foreign Minister hoped for a positive outcomeof talks between Russia and Ukraine.
Shah Mahmood Qureshi said Pakistan has openly stated that war is not asolution and we are advocating dialogue and diplomacy. He noted that theimplications of war between Russia and Ukraine are beyond Europe anddeveloping countries including Pakistan are feeling the pinch of it in theform of increasing prices of petroleum products.
He said Pakistan has sent humanitarian assistance to Ukraine and wantsestablishment of humanitarian corridor for the country.
