German envoy urges stronger business ties with Pakistan

Islamabad: German ambassador to Pakistan Martin Kobler, on Friday has said that there exists huge potential for business collaboration and joint ventures in medium-sized enterprises between Germany and Pakistan. The envoy expressed these views  during a meeting with Minister for Revenue and Special Assistant to the Prime Minister Haroon Akhtar Khan, says an official statement.

According to the statemtn, Mr Kobler said that medium-sized companies were the strength of the German economy. It would be good for businessmen from both German and Pakistan to forge business collaborations and join partnerships in the medium-sized enterprises in Pakistan, he said. The number of German companies operating in Pakistan could increase substantially through greater initiative from the German-Pakistan Chamber of Commerce, he  added.

Mr Khan while appreciating the ongoing local German business and investment and initives in Pakistan  called for re-doubling of efforts to strengthen business-to-business partnerships and forge new collaborations between Pakistan and Germany.

“Pakistan is an ideal market with vast opportunities for investment in many sectors of the economy and the German investors should benefit from our pro-investment and business-friendly policies to make healthy returns on their investments,” he said.

 

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