Pakistan, Romania explore deeper trade and investment partnership

Romanian envoy meets KCCI leadership to push joint ventures, simplify trade procedures, and expand business-to-business ties

Pakistan and Romania have reaffirmed their commitment to boosting bilateral trade and investment as Romanian Ambassador Dr. Dan Stoenescu met with Karachi Chamber of Commerce and Industry (KCCI) President Muhammad Rehan Hanif to discuss expanding economic cooperation.

During a luncheon meeting at the KCCI office, both sides agreed to enhance business-to-business engagement and explore new areas for collaboration. The discussions focused on identifying potential sectors for joint ventures, simplifying trade procedures, and promoting exhibitions to showcase products and services from both countries.

Ambassador Stoenescu, accompanied by Deputy Head of Mission Eduard Preda, Visa Consul Christian Coroma, and Consul General Adrian, underscored Romania’s interest in developing a stronger trade and economic relationship with Pakistan through active commercial diplomacy.

Representatives of the Pakistan Romania Business Council (PRBC) also attended, including Chairman Sohail Shamim Firpo and Advisor and Chief Operating Officer Atif Farooqi. Former KCCI President and Vice Chairman of the Businessmen Group (Urdu Group), Shamim Ahmed Firpo, noted that the growing interaction between business communities of both countries marks a positive step toward realizing untapped trade potential.

He emphasized that sustained dialogue between chambers and private sector stakeholders would pave the way for durable industrial and commercial linkages. “Consistent institutional engagement will help develop long-term partnerships and open new avenues of cooperation,” he said.

Participants agreed that expanding economic diplomacy and direct enterprise-to-enterprise collaboration could substantially enhance trade volume. Both sides also expressed interest in encouraging technology transfer, manufacturing partnerships, and cooperation in energy and services sectors.

The meeting concluded with an understanding to maintain regular contact between the Karachi Chamber of Commerce, the Romanian Embassy, and the Pakistan Romania Business Council to follow up on proposed initiatives and strengthen future engagements.

Through continuous interaction and shared business initiatives, Pakistan and Romania aim to build a robust economic partnership that drives growth and investment in both countries.

 

Monitoring Desk
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