Portuguese keen to explore business opportunities in Pakistan: envoy.

LAHORE -- Ambassador of Portugal Manuel Frederico Pinheiro Silva said on Saturday that businesspeople of his country were keen to explore business opportunities in Pakistan.

During his visit to Lahore Chamber of Commerce and Industry (LCCI) on Saturday, he quoted a Portuguese saying that 'the best parts should be visited at the end', and that was why he concluded his tour by visiting Punjab and Lahore.

The ambassador expressed his intention to introduce Portugal's contributions to global culture, economy and international relations.

LCCI President Kashif Anwar, Senior Vice President Zafar Mahmood Chaudhry, Vice President Adnan Khalid Butt, Honorary Consul of Portugal Iftikhar Firoz and Executive Committee Members also spoke on the occasion.

Drawing attention towards Portugal's remarkable history, the ambassador highlighted the 15th-century voyages of Portuguese explorers, which left lasting influences in Gwadar, India and other parts of Asia, where Portuguese families continue to reside. He emphasised Portugal's strong maritime tradition and extensive maritime jurisdiction, portraying the sea as an integral part of their identity.

The ambassador provided an overview of Portugal's population of 11 million, making it the 40th largest economy in the world with a per capita GDP of $14,000. He highlighted Portugal's active role in the Community of Portuguese Language Countries (CPLP), stressing the potential for shared learning and cooperation between Portugal and Pakistan, particularly in overcoming financial challenges based on Portugal's experiences from 2010 to 2014.

Portugal's impressive economic growth was also discussed, with the Ambassador noting that it is currently the second fastest-growing economy in the European Union. He attributed this success to the country's strong export sector, which serves as a major driver of the economy.

Moreover, the Ambassador pointed out Portugal's exceptional tourism industry, ranking 10th globally in terms of tourist arrivals. He highlighted the allure of Portugal's rich cultural heritage, attracting visitors from around the world.

Addressing Portugal's commitment to sustainability, the Ambassador shared that the country relies on 70 percent renewable energy sources, showcasing its dedication to combating climate change and fostering a greener future. He mentioned Portugal's possession of the largest GPS system, demonstrating the nation's technological advancements.

Speaking on the occasion, LCCI...