Germany eyes energy investments in Pakistan: Angela Merkel

German Chancellor says her country is already involved in projects in Pakistan but security is sometimes a deterrent


Web Desk November 11, 2014

BERLIN: Germany is looking to increase its investments in Pakistan, especially in the energy sector, provided the conditions are right, Chancellor Angela Merkel said on Tuesday during a visit by Prime Minister Nawaz Sharif.

Merkel said Germany's KfW state development bank was already involved in projects in Pakistan including hydro power plants, but added that the security situation was sometimes a deterrent.

"We can look at intensifying these (investments), as long as the conditions are right," Merkel told a joint news conference with Sharif.

Addressing a press conference on Tuesday in Berlin, Prime Minister Nawaz Sharif said Germany companies had shown plenty of interest in his country's energy sector.

He went on to add that Germany and Pakistan would combat terrorism in Pakistan together. “We will overcome terrorism at all costs,” Nawaz said, while addressing a gathering at the Chancellor’s office in Berlin.

Echoing Nawaz’s statement for German support to combat terrorism, Merkel said Germany is willing to help Pakistan over a range of projects.

“A stable Afghanistan is in the best interest of Pakistan,” the German chancellor also affirmed.

Shifting focus to economic and trade cooperation, PM Nawaz said Germany is fourth biggest trade partner of Pakistan the two countries enjoy cordial relations.

Nawaz claimed that the two countries agreed in principle over numerous projects and deals to improve the country's economy.

“Issue of energy crisis will be resolved soon,” he assured.

Responding to a question regarding the protection of minority rights and the recent lynching of a Christian couple in Kot Radha Kishan over alleged blasphemy, the premier said, “It is shameful and we have condemned it in the strongest possible terms.”

“My government has ordered a judicial inquiry with instructions that those responsible be given exemplary punishment,” he added.

The premier also spoke about Pakistan’s second Nobel prize winner, Malala Yousafzai, saying the teenager has not been regarded as a hero in Pakistan but she is very popular and has rendered great service in the field of education.

Commenting on  talks with the premier, the German chancellor said, “We had useful talks with Nawaz Sharif and will endeavor to further strengthen Pakistan German relations.”

The premier extended an invitation to Merkel to visit Pakistan.

Earlier on his arrival at the Chancellor's Office, the prime minister was warmly greeted by a smartly turned out contingent of German Armed Forces who presented a guard of honour to him.

COMMENTS (35)

Haider | 9 years ago | Reply

@Grace Imran thinks elections are rigged and wants re counting and he has said many times if he proved wrong he will say sorry to Nawaz Sharif. A person who for 1.5 yrs asking for his rights re counting...He uses every forum and doesn't get his right.Imagine what will be his attitude..... Why govt is against re counting.... Abdullah Abdullah said the same and audit of whole elections were done and he only asked for 4 constuencies.. Firstly a person who came from wrong path I don't believe in him secondly I know the faults of 60 years can't be fixed in 1 year but some steps are taken which people can assume he is doing good....

This is your misunderstanding that people are now sick of him....The street power he shows in small cities like Sargodha PMLN fails to gather in Lahore. I would see Motorway..Its waste of money.This project will be good if made after 5 yrs.If Nawaz Sharif makes 10-15 more hospitals that will be a much bigger achievement..People are not receiving core and essential benefits like Health and Education. And be happy with Motorway...

I also want Metro in Karachi..But The metro which India makes at $3m/km and China $4m/km and Asian Development bank says it should be made within 4bn and. same is done at 20bn or 70bn..I am against it.......

You are focusing on What Imran Khan is doing but think for 1 minute why Imran Khan is doing.Why this problem is big which started from recounting of 4 constuencies.. You think PMLN is on right track....OK your choice.. The same which says these sit in of 5000 people can't affect any thing and other side they say if govt is not working its all bcz of sit in...and killing 19 people on Point Blanc in Model Town and they are right on track.... Funniest moment when Shabaz says Delay in Multan metro bcz of sitins.... Interior minister said in every constuency 60000-70000 votes can't be verified. Why then give 5 yrs to this Fake Govt.... Why not an investigation

Farooq | 9 years ago | Reply

@Grace: Please don't cry on IK, he has got into your mind. I think he is doing right thing pressurizing the govt, at least he is the only one doing this. NS, IK or democracy what ever, what is important that who sets the country priorities and policies right.

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