Pakistan and Romania are interested in strengthening bilateral trade relations.Around 700 Pakistani investors are looking at profitable business ventures in Romania.
Presently, Romania imports cotton, leather, garments, fruits and bed sheets from Pakistan; while Pakistan imports white timber, wood furniture, chemicals, cereals, flowers, canola seeds.
Pakistani products like textile, leather, and mangoes are very popular in Romania. Romania is a member state of the European Union.
Historical relations between Pakistan and Romania were established in 1964. Both countries are exploring more avenues of cooperation in diversified fields. Organising joint cultural shows and frequent exchange of business delegations are the options which could be used to exploit untapped bilateral trade and investment potential in both countries. The countries are looking to promote and consolidate bilateral cooperation in the political, economic, trade and cultural areas.
The trade volume between Pakistan and Romania is 300 million dollars a year. Pakistani products are very popular in Romania. Pakistan is interested in exporting its products, especially textiles, garments, leather articles, sports goods, pharmaceutical products, rice and surgical instruments, to Romania.
Romania is the only country which has four honorary consulates in Pakistan. The Pakistan-Romania Friendship Association is wholeheartedly working to cement relations and explore more areas to work on.