Boosting ties: German delegation searching for new business ideas

New avenues of cooperation discussed

KARACHI: Most German companies usually look for trade opportunities in China and India whereas Pakistan, with a population of over 200 million, can also offer a lot to Bavarian businessmen and investors, said Bavarian State Ministry of Economic Affairs Senior Ministerial Consul Ulrich Konstantin Rieger.

Speaking at the Karachi Chamber of Commerce and Industry (KCCI), while leading a 32-member German delegation, Rieger said, “There is a great potential for enhancing bilateral trade and we must use this potential. We have observed that Pakistani businessmen are very active and innovative all over the world and also in Germany.”

He shared with the audience that the delegation was visiting Pakistan in a bid to find avenues of cooperation and new business ideas and would be happy to cooperate in the transfer of technology. “One of the secrets behind the success of Bavaria is vocational training and development of SMEs. We can support Pakistan in vocational training,” Rieger said.

Referring to the difficulty in getting Germany’s visa, he pointed out, “It is much easier to come to Pakistan from Germany, but if a businessman from Pakistan wants to come to Germany, it’s not too easy due to the Schengen system.”

Published in The Express Tribune, October 24^th, 2018.

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