KCCI urges Germany to invest in Pakistan

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Karachi Chamber of Commerce & Industry President Muhammad Haroon Agar urged the German Ambassador to Pakistan Dr Cyrill Nunn to invite new German investment in Pakistan as the country is the most promising land in the region for investment and many German corporations are operating successfully and expanding their businesses across Pakistan and beyond. Exchanging views with the ambassador during his visit to KCCI, Agar said within EU, Germany has become Pakistan’s biggest trading partner. Germany ranks as the 9th largest trading partner ahead of UK even, he stated. There are many opportunities and there is a lot of potential between the two friendly countries which can be further developed, he added. Pakistan’s exports to Germany in 2012 were worth $ 1,151 million while imports were $ 1,174 million.