Italian embassy has initiated series of cultural and economic derives in three Pakistani cities: Ambassador Andreas Ferrarese

Covert

Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese said this week that that Italian embassy in Islamabad had initiated the series of cultural and economic derives in three different cities of Pakistan including Islamabad, Karachi and Lahore to provide opportunity to the cultural and business leaders for mutual interaction.

The envoy said Italy wanted to start a new era of economic and trade cooperation with Pakistan through transfer of technology for up-gradation of Pakistan’s agro and textiles industry.

In an interview, he said that both of the countries were inter-reliant to each other as Pakistan has around 60 percent of young people in total of its population which need to be trained in modern skills and technology, while Italy has 35 percent of the old age population and the country is more advanced in technology and modern skills.

He was of the view that Italy can extend its cooperation to equip and train the local youth with modern skills and technology to enhance their contribution in the local economy.

Ambassador Andreas Ferrarese said: “We are living in the era of economic diplomacy and economic trade relations are the assurance for peace, harmony and stability between the countries.”

He said that both sides want to achieve their economic and trade integration through the cooperation and exchange of culture and art to cement bilateral relations.

About cooperation in the green economy, he said that Italy was committed to extend collaboration with Pakistan to promote the green economy for sustainable development in Pakistan.

He said green economy, transfer of technology for industrial sector including textiles and agro industry; construction sector, education and health are major areas of focus to extend the bilateral cooperation.

The ambassador said that through the green economy, Italy wanted to cooperate with Pakistan for environment protection, circular economy, resource saving and management, ecosystem protection and recovery,water conservation and natural disaster prevention.

The Italian envoy said the new economic mission would be deployed in Pakistan to further promote bilateral trade and economic cooperation in different potential areas.