German envoy wants to see enhanced trade ties

German Ambassador Bernhard Stephan Schlagheck, during his visit to KCCI, has said that he will share information about the potential sectors and opportunities available in Pakistan with those German companies that might be interested in investing in this market. BMG Vice Chairman Anjum Nisar said that Germany is one of the few countries with whom Pakistan enjoys surplus trade which means we are exporting more to Germany and importing less. He said that the German business community must look into the possibility of either investing or undertaking joint ventures in many sectors of the economy, particularly the alternate energy sector. KCCI president Shariq Vohra appreciated the German ambassador’s keen interest in developing trade and investment ties between the two friendly countries, but said that it is a bit unfortunate that not much investment is coming in from Germany. We need to discuss our relationship in a new dimension with a particular focus on exploring trade and investment opportunities in CPEC. However, it has been observed that businessmen and investors from European countries are not taking much interest in CPEC which requires attention, he added.

22/3/2021