Pakistan-Romania trade offers huge room for growth, says Romanian envoy
Romanian Ambassador to Pakistan Dr Dan Stoenescu has said that there is significant room for growth in trade and economic cooperation between Romania and Pakistan. Addressing media personnel on Thursday, the Romanian ambassador acknowledged that Pakistan-Romania annual trade currently stands at $156 million, saying that the Romanian Embassy is actively supporting business exchanges between the…
Romanian Ambassador to Pakistan Dr Dan Stoenescu has revealed that there is substantial potential for expansion in trade and economic collaboration between Romania and Pakistan. Speaking to journalists on Thursday, the ambassador confirmed that the current value of annual trade between the two nations amounts to $156 million. The Romanian Embassy is actively facilitating business interactions across the border.
Stoenescu further disclosed that a delegation from Pakistan's Federation of Chambers of Commerce and Industry (FPCCI) is planned to embark on a visit to Romania in December to investigate potential opportunities in technology, agriculture, and logistics. Both countries are striving to revive trade and cooperation in crucial areas, such as renewable energy, information technology, agriculture, and infrastructure.
The Romanian envoy emphasized that both nations are advancing bilateral political dialogue and engaging through the European Union, with intentions to dispatch official delegations early in 2027. He highlighted that Romania serves as a primary transit point for Pakistani exports entering Europe due to the availability of direct shipping links via the Black Sea and the Danube River.
Stoenescu also noted that illegal migration has witnessed a significant decline, thanks to enhanced cooperation between Pakistani authorities and the European Union. Concurrently, legal and well-regulated labor mobility is experiencing growth, alongside the strengthening of partnerships in education and technology sectors.
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