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Pakistani firms participate in German trade fairs

BERLIN—Pakistani firms participated in 30 trade fairs held in Germany during the last two years. Exports to Germany , which were US$ 771.22 million in 2006-2007, also registered significant increase and crossed the figure of US$ one billion in 2008-2009. Keeping in view the trends of business contacts made by the Pakistani companies that participated in recently held trade fairs of Textile Goods, Sports Goods, Fruits & Vegetables and Carpets, we are expecting significant increase in exports to Germany and other EU countries. This was stated by Pakistan ’s Ambassador to Germany Mr. Shahid A. Kamal in an interview with the Pak-German Forum Magazine. Mr. Kamal said that German Government’s decision of restoration of extending investment guarantees to German investors desirous of investing in Pakistan in August last sent a positive signal to German companies and would encourage German investors to make more investments in Pakistan. —Online

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