The ambassador of Germany to Pakistan, Mr. Bernhard Stephan Schlagheck, paid a courtesy call to Federal Minister for Economic Affairs, Mr. Muhammad Hammad Azhar on Monday.
The two agreed to work closely for assisting the business community by improving the transfer of technology, the establishment of joint ventures and trade delegations.
According to a press statement, the ambassador emphasized closer contact between the German embassy and the Economic Affairs Division for sustainable economic development in Pakistan through technical and vocational training, increase in trade and market access.
The minister thanked the German government for the grant assistance for the betterment of the people and congratulated Mr. Bernhard Schlagheck on successfully concluding the government to government negotiations between the two sides, wherein Euros 109 million were committed by the German government for various projects in priority sectors i.e. energy, governance, and sustainable economic development.
The minister for economic affairs briefed the ambassador about the current and planned development priorities of the Pakistani government, which includes a stronger focus on transparency, institutional reforms, poverty alleviation, human resource development, and green energy.
Both sides exchanged views on increasing the cost-effectiveness of development assistance initiatives. The minister said that the government of Pakistan looks forward to further strengthening cooperation between the two sides and hoped to engage in projects for improving the quality of life for people in Pakistan.
Source: Pro Pakistani