LAHORE - The Ambassador of Tunisia Mourad Bourehla, while agreeing that the existing trade volume between Pakistani and Tunisia is far below their potentials, has said that there is a wide scope of cooperation in textile, science and technology, telecommunication, health, education, tourism and agriculture to achieve the target of $300 million bilateral trade by 2010. The Ambassador was speaking at the Lahore Chamber of Commerce and Industry on Wednesday. LCCI President Mian Mian Muzaffar Ali, Senior Vice President Tahir Javed Malik, Honorary Consul General of Tunisia Farooq Hameed, former President Mian Misbah-ur-Rehman, former Senior Vice President Sohail Lashari and former Vice President Aftab Ahmad Vohra also spoke on the occasion. The Ambassador said that keeping in view the rapidly changing international economic environment and global economic and financial crisis, Tunisia wants to diversify and reinforce bilateral cooperation. The Ambassador said Tunisia is part of the most advanced free trade agreement with the European Union, Arab and Sub-Saharan countries that has enabled it to achieve a sustained economic growth rate. He said the countrys modern infrastructure, favourable laws and climate of stability and growth and favourable geographical situation in the heart of Mediterranean region have made it the first country of the southern shore of the Mediterranean sea to sign an association agreement with the European Union, an agreement designed to enhance Tunisias integration in the world market and to make it a hub for investment, production and distribution. He said that Pakistani businessmen could avail the opportunities by initiating joint ventures with their Tunisian counterparts. Speaking on the occasion, the LCCI President Mian Muzaffar Ali stressed the need for accelerating the pace of cooperation in fields like tourism, handicraft, science and technology. He said that Pakistan views the Republic of Tunisia as an important business partner with sound opportunities for trade and investment but despite having excellent and long-standing mutual relations, the trade between the two countries is not so significant. Both the partners have yet to explore the unexplored potential areas of either side. Tunisia produces a huge amount of quality fertilizer and Pakistan, being an agricultural country, has prospects to accommodate this item in its local market. The best quality olive oil from Tunis can also make its remarkable place in Pakistan besides the products from Spain and Italy. Similarly, Pakistan can export leather goods, textile items, grain, rice and fruits to Tunisia. He also urged the Ambassador to help textile sectors of the both the sides to collaborate and take advantage of the Free Trade Agreement, which Tunisia enjoys with the European Union.