Hungarian Companies can be Encouraged to Follow MOL’s Success Model in Pakistan-President Alvi

Islamabad;Pakistan will never condone the blatant human rights violation in Indian-Occupied Kashmir at the hands of fascist Indian regime and will always stand by its Kashmiri brethren, said President Dr. Arif Alvi, while talking to Ambassador-designate of Pakistan to Hungary Mr. Muhammad Aejaz, who called on him at Aiwan-e-Sadr, Islamabad today. He underscored that all High Commissioners/Ambassadors must highlight the true perspective on Kashmir issue and Indian oppression there.

The President said that Pakistan attached great importance to its relations with Hungary and was keen to further enhance these relations both at the bilateral level as well as in the context of EU. However, he said that the current volume of bilateral trade between the two countries was not commensurate to the true potential. Therefore, there was a dire need to diversify the bilateral trade, he added. He further said that Pakistan offered a range of opportunities for investment, especially in energy, agriculture & food processing, and pharmaceuticals, hence the Ambassador-designate must make all-out efforts to promote Pakistan’s economic and commercial interests in Hungary and utilize existing institutional mechanisms.

The President highlighted that Pakistan’s location at the cross roads of South, Central and West Asia made it a good strategic and economic partner for Hungary especially in the context of Hungarian policy of “Eastern Opening”. He also appreciated that the Hungarian petroleum company Magyar Oil Limited (MOL) was doing profitable business in Pakistan and ambassador-designate should encourage other Hungarian companies to follow MOL’s success model in Pakistan.

While referring to the government efforts towards the promotion and development of tourism and archaeological heritage of Pakistan, he directed the ambassador-designate to encourage exchange of tourist and people-to-people contacts between the two sides. He also appreciated Hungarian government’s initiative of offering 200 scholarships to Pakistani students. He emphasized that the ambassador must keep a close liaison with the Pakistani community in order to resolve their issues efficiently and efficiently.

He wished Ambassador-designate success for his new assignment and hoped that he will work to the best of his abilities for enhancing relations between the two countries.