IN Brief

Pakistan ideal trade market for Germany: Ambassador

RAWALPINDI - A six member delegation of Rawalpindi Chamber of Commerce and Industry led by President Zahid Latif Khan called on German Ambassador Martin Kobler in Islamabad here on Thursday.

The delegation included Senior Vice President Muhammad Nasir Mirza, Vice President Khalid Farooq Qazi, former President Mian Humayun Parvez and vice chairman exhibition committee Khurshid Berlas.

Talking to the delegation, Ambassador Martin Kobler said Germany is one of the largest trade partners of Pakistan among European Union and the trade volume between the two countries is 2.5 billion dollars. Pakistan with a population of more than 200 million could be an ideal trade market for Germans to invest in.

Ambassador said that Germany is willing to offer her utmost assistance in different sectors, including automobile, communication, solar energy, surgical goods and tourism.

He said that China Pakistan Economic Corridor is indeed a major project that will uplift the economy of the country. CPEC is an opportunity for Pakistani and German companies to improve cooperation between the two countries.

The German Ambassador has expressed desire for the German Companies to become part of the CPEC Projects. While appreciating RCCI’s role in promoting trade, the German envoy accepted RCCI President’s Invitation for the upcoming Rawal International Expo 2018. He assured his full cooperation to the President RCCI in this regard.

Speaking on the occasion President RCCI said that Rawalpindi Chamber is fully aware of the significance of enhancing trade relations among all the countries and to achieve that purpose, RCCI is organizing a single Country Expos.

President RCCI Zahid Latif Khan also gave a briefing on RCCI’s current and upcoming events.

The expo is expected to create effective partnerships between the two sides, particularly in light of the incentives provided by the Pakistani government to attract foreign investments and facilitate the business environment, he added.

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