
Embassy of Pakistan in Brussels Explores Pharmaceutical Export Growth to Belgium
- Business
- October 17, 2024
- No Comment
Pakistan’s pharmaceutical exports, the Embassy of Pakistan in Brussels, together with the Trade Development Authority of Pakistan (TDAP), hosted a webinar titled “Opportunities for Pakistan in the Pharmaceutical Sector of Belgium.”
Chargé d’Affaires Faraz Zaidi led the session, emphasizing the untapped potential for Pakistani pharmaceutical companies in Belgium. More than 35 top executives from leading Pakistani firms attended, signaling significant interest in expanding market reach.
During the event, Trade and Investment Attaché Bilal Khan highlighted the current state of bilateral trade between Pakistan and Belgium, identifying key trends and new opportunities for growth. He stressed the importance of leveraging Belgium’s role as a pharmaceutical hub in Europe, which can provide a gateway for Pakistani companies to enter the broader European market.
Expert Insights from Belgium
The webinar also featured presentations from Belgian experts Eric and Olivier, who outlined the regulatory framework for pharmaceutical companies operating in Belgium. Their presentation covered crucial aspects, including registration processes, market entry strategies, and compliance standards, equipping participants with essential knowledge to navigate the Belgian market effectively.
Strengthening Trade Ties
Addressing the participants, Faraz Zaidi noted, “Belgium offers a valuable opportunity for Pakistan’s pharmaceutical sector to expand its presence in Europe. The embassy is committed to facilitating businesses in accessing international markets and strengthening trade ties.”
Interactive Dialogue
The session concluded with a lively Q&A, where participants engaged directly with the speakers, discussing specific challenges and prospects for entering the Belgian market. The embassy assured continued support for companies aiming to establish a foothold in Belgium.
Paving the Way for Export Diversification
This collaborative initiative between the Embassy of Pakistan and TDAP aligns with the broader objective of the Government of Pakistan to diversify exports and promote high-growth sectors on the global stage. The effort underscores Pakistan’s commitment to building stronger trade partnerships and enhancing economic ties with Europe.