German Association of Trade & Economy-Pakistan (GATE-Pakistan) has been launched in a ceremony held at German Foreign Office here in Berlin on Wednesday.

It is an Economic Forum established with the support of German Foreign Office and the Board of Investment, Government of Pakistan for providing extensive knowledge and key local contacts in Pakistan to German investors with special focus on medium and small size enterprises for establishing their Business Houses and Manufacturing Units in Pakistan.

The declaration of establishment of GATE-Pakistan was signed by Syed Hasan Javed, Pakistan’s Ambassador to Germany on behalf of Government of Pakistan, Dr. Crill Nunn on behalf of German Government and Dr. Pantelis Christian Poetis, Honorary Consul for Pakistan, State of Bavaria as its first head. Germany’s special envoy for Afghanistan-Pakistan, Dr. Michael Koch, senior officials of the German Foreign Office and representatives of German business community were also present on this occasion.

Speaking on this occasion, Germany’s special Envoy on AfPak, Dr. Koch said that GATE-Pakistan was a business-driven initiative and has nothing to do with politics. German World Cup winners and “Brazuca” was a great combination and we could capitalise on this, he added.

German Ambassador to Pakistan, Dr Crill Nunn said that though it was a small step but concrete and would open a new vista of business information and technology sharing for the greater benefit of both the countries.

 He said that the new forum would complement the existing institutions and lead towards closer cooperation in the Economic and Technology sectors.