Finland has come forward to support Pakistan in different socioeconomic sectors through regular interactions between private sectors of both the countries. This was said by the Ambassador of Finland, Rauli Suikannen while addressing the business community at Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday.
The Ambassador visited ICCI with the Commercial Counselor of Finland in UAE, Mr. Hahlantera, and Honorary Council of Finland in Pakistan, Asad Ansari. Suikannen said that Finland is looking forward to providing its support to Pakistan in health, technology, renewable energy, education, waste management, energy solutions, and other sectors.
Suikannen said that they want to increase the presence of Pakistani products in Finland’s local product and the country should look to export different products other than textile. Pakistan, for now, has been majorly exporting only textile products to the European countries and export of other products is now necessary in order to ensure better results for the economy.
Finland currently has one of the highest economic growths in the world which can greatly benefit Pakistan at its economic front. Suikannen said that Finland’s vocational training system can share skill sets with the Pakistani workers in order to develop and improve their skills. By providing vocational training, overall skillsets of the Pakistani workers can improve.
While Finland is giving access to Pakistani exporters to its market, President of LCCI, Sheikh Amir Waheed said that Finnish companies should also make investments in Pakistan under 9 Special Economic Zones (SEZs) that will be set up through China-Pakistan Economic Corridor (CPEC). Improved law and order situation in the country can attract Finnish companies to invest in Pakistan.
Pakistan has already been granted GSP Plus status by the European Union through which its products get duty-free access to the European markets.