Pakistan
Pakistan seeking investment through economic diplomacy: Qureshi
Pakistan Foreign Minister Shah Mahmood Qureshi has said Islamabad is inviting the world's attention towards investment opportunities in Pakistan through economic diplomacy, Radio Pakistan reported.
He expressed the views at a dinner hosted in his honour at the Pakistan House in Berlin during a two-day official visit to Germany.
"Pakistan has transformed its geographical political priorities into geographical economic priorities," he said, according to a Dawn report.
Qureshi said Pakistan is an emerging market of 220 million people where plenty of investment opportunities exist.
He said the government is providing all possible facilities, including e-visas, to foreign investors and welcomed German entrepreneurs and companies to invest in Pakistan.
Earlier, the foreign minister met Speaker of Christian Democratic Union of Germany, Nils Schmid. In a tweet, Qureshi said the two discussed the European Union, the China-Pakistan Economic Corridor and investment opportunities in special economic zones.
They also discussed developments in South Asia and the key role being played by Pakistan in Afghanistan.
Qureshi also met Siemens CEO Joe Kaeser and discussed areas of potential investment in Pakistan as well as transfer of technology, specifically in the power sector. "Welcomed Joe to visit Pakistan to take these opportunities further," he said.
Qureshi, after his arrival, more than 100,000 Pakistanis had been living in Germany and playing a positive role for both countries. Qureshi said Pakistan wanted to expand economic ties with Germany.
According to the Pakistan Foreign Office spokesperson, Qureshi was on an official visit to the European nation at the invitation of German Foreign Minister Heiko Maas.
Pakistan and Germany this year are celebrating the 70th anniversary of the establishment of diplomatic relations. Both countries plan to undertake a number of activities in this context.
Pakistan and Germany have been collaborating closely on regional matters and at the multilateral fora. Germany is Pakistan’s largest trading partner in the EU.
German Foreign Minister Heiko Maas visited Pakistan in March, 2019.
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