Peshawar: Tomas Smetanka, the Czech Republic’s ambassador to Pakistan, has stated that his country is eager to enhance bilateral commercial and economic ties with Pakistan.

In this regard, the Czech envoy on Thursday urged Pakistani investors to fully utilise the Generalised Preferences Scheme-Plus (GPS+) status, which provides duty-free access to the EU market for Pakistani manufacturing products, and to invest in promising sectors in the Czech Republic in order to strengthen bilateral cooperation in a variety of fields as well as the economic and trade relationship.

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Smetanka was speaking to members of the business community at a meeting convened by Hasnain Khurshid Ahmad, president of the Sarhad Chamber of Commerce and Industry (SCCI).

Since the onset of the coronavirus epidemic, he said, mutual trade volume between the Czech Republic and Pakistan has been haphazard, but he anticipated that situation will improve in the future.

While agreeing that mutual trade and economic relations between the two countries have enormous potential, the SCCI president invited Czech investors to invest in potential sectors in Khyber Pakhtunkhwa (KP), such as tourism, hydel power generation, gas, minerals, gemstones, honey, pharma, and so on.

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The SCCI president advocated for streamlining the visa application procedure for businesses, as well as promoting mutual cooperation, joint trade exhibits, and business-to-business (B2B) meetings.

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