Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

First Ministerial review of the Strategic Engagement Plan between Pakistan, Italy held

byCT Report
05/05/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD:  The First Ministerial review of the Pakistan-Italy Strategic Engagement Plan (SEP) was held in Rome on Thursday and Adviser to the Prime Minister on Foreign Affairs, Sartaj Aziz and Minister of Foreign Affairs and International Cooperation, Italy, Angelino Alfano led their respective sides.

According to a foreign office statement, the two sides reviewed the entire spectrum of bilateral relations. They expressed satisfaction at the deepening ties between Pakistan and Italy, and the progress under various strands of the SEP.

You might also like

Electricity price may rise as Discos seek extra fuel cost charge

18/04/2026

ZLK Islamic Financial Services Engages with Turkish Ambassador

17/04/2026

Terming the SEP a comprehensive document, which represents a long-term commitment to work together to further strengthen this partnership, the two sides agreed to intensify efforts to achieve the objectives set out under this framework.

Acknowledging the growing frequency of high-level interaction between the two sides, they agreed to enhance leadership-level interaction to further boost the existing relationship.

In the economic sphere, the two sides renewed their commitment to further expand bilateral trade. It was also agreed to undertake measures to promote investment and joint ventures. Pakistan appreciated Italian support in the EU and the two sides agreed to continue collaboration on EU related matters.

The two sides appreciated the outcome of the second session of the Joint Economic Commission (JEC) in Islamabad in December 2016, which identified key areas of economic and development cooperation, including infrastructure development, renewable energy, automotive sector, pharmaceuticals, agro-industry and mining. They agreed to expeditiously implement the decisions reached at the JEC.

Taking note of the growing cooperation in the field of defence, the two sides agreed to further deepen cooperation in this area. Views were also exchanged on regional and international issues of importance, including Afghanistan, Pakistan- India relations, Mediterranean and Sahel regions, migration and the EU.

Pakistan and Italy termed terrorism as a major threat, which needs to be eradicated through greater international cooperation. They expressed satisfaction at ongoing collaboration between the two sides in this sphere.

Both sides expressed satisfaction at their continued cooperation at the UN and other multilateral forums. As members of the Uniting for Consensus (Ufc), Pakistan and Italy work closely and have similar positions on the issue of Security Council Reform. They agreed that while refusing to accept self-serving agenda on reforms and expansion of the UN Security Council, they would remain flexible and constructive.

On membership of the Nuclear Suppliers Group (NSG), both sides agreed on a criteria based and non-discriminatory approach.

The two sides agreed to enhance the ongoing collaboration in the field of culture and encourage people-to-people contacts. The Italian side welcomed the positive contribution made by the 130,000 strong Pakistani diaspora in further strengthening the relationship between the two countries.

They expressed satisfaction at the initiation of consular talks in parallel with the last round of Bilateral Political Consultations in Islamabad in 2016 and agreed to work together to enhance cooperation on migration and consular matters.

Pakistan and Italy signed the Strategic Engagement Plan in 2013. It provides a framework for a strategic partnership in areas, including trade and economy, development cooperation, defence and security, science, culture, education and migration. The plan stipulates Annual Bilateral Consultation at the Foreign Secretary level and triennial Ministerial to assist the progress.

Related Stories

Electricity price may rise as Discos seek extra fuel cost charge

byCT Report
18/04/2026

ISLAMABAD: Electricity consumers may face higher power bills starting in May, as power distribution companies have requested the national energy...

ZLK Islamic Financial Services Engages with Turkish Ambassador

byCT Report
17/04/2026

ISLAMABAD: Zahid Latif Khan, Chairman of ZLK Islamic Financial Services (Pvt.) Limited, along with Mr. Muhammad Abdullah Khan, Business Executive...

CCP authorizes acquisition of Pakistani aircraft maintenance firm by UAE-based FZE

byCT Report
16/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of a shareholding in M/s. Northern Technik (Private) Limited...

IT leads list as SECP registers 2,993 companies in March 2026

byCT Report
15/04/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March 2026, showing an 11% increase...

Next Post

Nobuo Kishi vows to strengthen Pak-Japan ties

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.