ISLAMABAD: Prime Minister Nawaz Sharif, after singing different agreements and Memorandums of Understanding (MoUs) worth $42 billion in China, is leaving for Germany to further boost the trade ties between the two countries.
According to a message sent by Pakistan’s Embassy in Berlin, during the visit the premier will hold talks with German Chancellor Angela Merkel.
In an interview to German TV channel N24, Sharif said achieving economic development and ending the energy crisis were the foremost priorities of his government. He said the government was encouraging the private sector and German investors should take advantage of this policy by investing in different sectors, including energy and agriculture.
The prime minister said Pakistan desired peace and would extend maximum possible cooperation for peace and stability in Afghanistan.
It is pertinent to mention that Pakistan’s annual trade with Germany stands at $2.5 billion.
Meanwhile, Chief Minister Shahbaz Sharif, after returning from China, said that Chinese leaders have expressed full confidence in the leadership of Prime Minister Muhammad Nawaz Sharif.
He said that agreements for investment of $42 billion have been signed during the visit to China. He said that the projects with the cooperation of China will be implemented with speed and transparency.
Nawaz Sharif has already termed the Chinese visit a ‘game changer’. He said that MOUs signed with China will help compensate for the loss allegedly incurred due to the sit-in protests in Islamabad.
Pakistan and China had signed as many as 19 MOUs worth billions of dollars on Saturday.
These MOUs include Pak-China economic corridor, energy projects including Thar coal mining, power plants, hydel power projects, Muzaffargarh power project, wind power project and solar power project among other technical assistance.
