Pakistan and Germany to boost bilateral trade

13/04/2009 12:00 - 664 Views

KARACHI: The government of Pakistan and Germany are maintaining talks on bi-lateral cooperation on mega projects of alternate energy—solar, wind and hydel, Dr Christian Brecht, consul general of Federal Republic of Germany said here on Wednesday.

He expressed that bilateral trade potential between Pakistan and Germany had a better volume in the past, which has been declining since last few years and needs an uplift. He urged that political stability and better law and order situation are mandatory to enhance trade. While talking about travel advisory about Pakistan he stated that law and order situation in Pakistan is better however some foreign channel to some extent broadcast biased reports about law and order in Pakistan. German origin machinery and technology is being used in the Jhimpir Windmill power project, which is being constructed by a Turkish Company.

He focused that a great potential exists between two countries and Pakistan can import state-of-the-art machinery and technology from Germany from textile sector to auto-engineering and industrial equipments. Whereas, he added, Pakistan can export the value-added textile products and fruits to Germany. He invited KCCI to take a delegation and participate in the Annual Agriculture Fair to be held in Germany.

Anjum Nisar, president KCCI drew attention of Consul General of Germany towards exports potential in fruits, fresh juices and agro based products, surgical and sports items.

He asked the Consul General of Germany to motivate other German Companies to invest in the energy sector. He emphasized on joint ventures between German and Pakistan industrial concerns to explore the potential in the industrial sector. He said that removal of anti-dumping duty from European Union will increase the export activities.

He also proposed that German is the largest manufacturer of textile machinery in the world, and German companies may come forward in the value-added textile and outsource their orders from Pakistan as it is already exporting value-added quality textile products to Germany.

staff report

Thursday, April 09, 2009

Source: www.dailytimes.com.pk

 

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