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Germany major trade partner of Pakistan with $2.4b investment

byCT Report
23/09/2016
in Business
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LAHORE: Germany is the major trade partner of Pakistan among the EU countries with investment of around $2.4 billion.

Pakistan intended to strengthen trade relations with Germany and appreciates its all-out efforts for ensuring access for exporters to the European Union (EU) and German markets. These views were expressed by Punjab finance minister Dr Ayesah Ghaus Pasha during the inaugural ceremony of Punjab chapter of German Pakistan chambers of Commerce and Industry (GPCCI) in Lahore on Friday. She said that the GSP Plus has given great boost to Pakistan’s business with European countries in almost all sectors of the economy including leather and sports goods.

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The minister expressed the optimism that there would be investments in Pakistan by different companies of Germany as they had shown a keen interest, especially in the energy sector.

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