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Related Keywords: Ambassador of Romania, bilateral trade, Emilian Ion, exchange of trade delegations and other such initiatives, improve trade balance, offers excellent opportunities, Pakistan huge market, PTEA meeting, Romanian businessmen, strengthen ties by holding business to business meetings, textile sector, untapped potential

Pakistan is a huge market which offers excellent opportunities to Romanian businessmen in various sectors of the economy particularly the textile sector, said Ambassador of Romania, Emilian Ion while speaking at a meeting during his visit to Pakistan Textile Exporters Association (PTEA).

According to him, although trade volume between Pakistan and Romania has been improving with balance of trade in favour of Romania but this volume was not depicting the real potential and can be improved further as huge potential to enhance trade exists between the two countries.

Related Keywords: barriers to investors, distinctive culture such as hand woven textile, infrastructure of the country, investing cautiously, Japanese businesses, meet artisans, Okutani and the designers, precious than silk, see lotus fabric, shortage of electricity, showing interest in Myanmar, untapped potential, visited Myitkyina

Businesses from Japan are showing interest in Myanmar’s untapped potential and a distinctive culture such as hand woven textiles but are investing cautiously as Myanmar has a range of problems that are barriers to investors. The biggest problem is shortage of electricity. They often suffer from power outages. Another major problem is the vulnerability of the country’s infrastructure such as roads, railways, communications, water supply and sewage systems.