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German government to help investors for making investment in Pakistan.

ISLAMABAD: German Ambassador to Pakistan, Cyrill Jean Nunn here on Monday said that his government was ready to provide necessary help to German investors for making investment in Pakistan.

Addressing the business community at Islamabad Chamber of Commerce and Industry (ICCI), he said that there were vast prospects of mutual cooperation between the two countries to further strengthen the trade relations.

He also discussed a range of subjects related to the bilateral relationship between Germany and Pakistan, including the cultural, political and economic dimensions.

He said that among the major sectors, Germany works with Pakistan in sectors like energy, health and governance.

“Germany considers trade the best form of cooperation between countries”, he said.

He observed that within the European Union, Germany is the largest trading partner of Pakistan and said that Germany has an interest in seeing the EU engage with Pakistan.

Mr.Cyrill said that Pakistan and Germany are enjoying balanced volume of trade that stood around $2.2billion. He said that there is huge demand of Pakistani textile products in German markets as well as he identified tourism as a potential sector of mutual interest and said that Pakistan should also focus this area to promote tourism.

Courtesy: Business Recorder


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