ISLAMABAD: President Dr Arif Alvi on Monday stressed the need to substantially increase the volume of bilateral trade between Pakistan and Ireland to realize the full potential of bilateral trade. Ireland’s current level of investment in Pakistan should be further enhanced by inviting Irish companies to invest in Pakistan and benefit from its lucrative foreign investment regime.

The President voiced these views during an interview with Pakistan’s Ambassador-designate to Ireland, Aisha Farooqui, who called him, here in Aiwan-e-Sadr.

Speaking to the Ambassador-designate, he said there are huge opportunities for IT-skilled young people and start-ups to get online jobs in Ireland, as more and more IT companies in Europe were moving their headquarters to Ireland, which had been dubbed the “Silicon Valley of Europe”.

He expressed hope that the Ambassador-designate to Ireland would work to deepen Pakistan’s fruitful partnership with Ireland and expand mutually beneficial cooperation by taking meaningful steps which could include an increasing level of bilateral engagements, by catalyzing the flow of investments to Pakistan, creating online job opportunity for young Pakistani computer-skilled people, increasing parliamentary exchanges, cementing people-to-people contacts and seeking better cooperation in agriculture and animal husbandry. He said Pakistan should strive to become an active partner in quantum computing research programs because quantum computers can take minutes or hours to solve complex scientific problems than today’s supercomputers. today can take years to resolve.

Alvi called Ireland’s support to Pakistan very important during the ongoing fourth biennial review of GSP Plus and the launch of the new GSP scheme after 2023 which he said would require active engagements.

He also described the opening of the Resident Embassy in Islamabad in October this year by the Irish government as a welcome step and said it would help take the mutually beneficial and friendly relations between the two countries to the next level. .

He said there were over 25,000 strong Pakistani diasporas in Ireland, which included Pakistani students and professionals, adding that higher education was an important area of ​​bilateral cooperation and advised the Ambassador-designate to efforts to strengthen cooperation in technical education and Irish scholarships for Pakistani students to study at Irish universities.

Copyright Business Recorder, 2022