Germany wants to enhance trade with Pakistan
Islamabad:Bernhard Schlagheck, ambassador of the Federal Republic of Germany in Pakistan said that Germany wanted to further enhance trade relations with Pakistan and added that two German delegations one representing water & sanitation sector and the other representing agriculture sector were scheduled to visit Pakistan to explore business collaborations with Pakistani counterparts.
He said that Pak-German bilateral trade was over 3 billion Euros with trade balance in favour of Pakistan. He said that Pakistan was mostly exporting textiles, leather products and surgical instruments to Germany and it could export more products to his country. He was hopeful that Pakistan would get good news for extension in GSP Plus status from EU that would further improve its exports. He expressed these views while interacting with business community at Islamabad Chamber of Commerce & Industry.
The German Ambassador said that over 280 Pakistani companies participated in the Heimtextil 2020 International Trade Fair held recently in Frankfurt (Germany), which was a record participation and added that companies of both countries should actively participate in each other’s trade fairs to further enhance bilateral trade and business relations.