Pakistan to focus on German SMEs to promote investment

[Salman]

Pakistan to focus on German SMEs to promote investment


ISLAMABAD: Small and Medium Enterprises (SMEs) have played an important role in the socio-economic development of Germany and there was need to focus on SMEs for promotion of investment in Pakistan. Pakistan’s ambassador to Germany, Abdul Basit said Germany remained a largest trading partner of Pakistan in Europe and his first priority would be to promote trade and investment between the two countries. At a reception on Friday he said by active support of any country’s own people living abroad was very much crucial to achieve the targets and protect the interests of the nation. Basit said Pakistani community living abroad has been playing a vital role in socio-economic development of the country and their continued support was one of the factors that the country made progress in different fields of life despite a host of problems. Ambassador said the Pakistani community should also come forward and join hands with the embassy in its efforts to increase the level of German investments in Pakistan. He urged the community to be united and enhance their interaction with the German. People to people contacts of the two countries would bring the two nations closer, strengthen relations and enhance level of cooperation between them. Referring to the problems and difficulties being faced by the community, the envoy assured all the issues would be resolved in consultation with them.