By Our Diplomatic
ISLAMABAD: Italy would establish a gemstones training institute in Baltistan in order to exploit the potential of these areas as well as enhancing mutual cooperation between both the countries.
This was stated by Ambassador of Italy to Pakistan Andreas Ferrarese, while talking to Chairman Federation of Pakistan Chambers of Commerce and Industry Qurban Ali.
He said Italy was wanted to start a new era of economic and trade cooperation with Pakistan through transfer of technology and for upgradation of Pakistan’s textile industry.
“We were considering to be established a training institute to promote the gems and jewelry and gemstone industry in Gilgit-Baltistan to promote trade and investment opportunities in these areas”, he added.
He said that currently Italy was providing technical assistance to Pakistan in agriculture and textiles industry upgradation through modern machinery, value addition in agriculture, leather and marble sectors.
Pakistan was also working to expand its cooperation in agricultural items including dairy, livestock, olive and olive products, processed food and construction sector in Italian market.
The Ambassador further informed that dairy and livestock, olive and olive products, plastics, processed food and the construction sector were the areas where Italy could extend its cooperation with Pakistan.