Pakistan’s possession of extraordinary potential in human and natural resources was greatly acknowledged by the German ambassador in Karachi on Friday.

Dr. Tilo Klinner, the Consul General of the Federal Republic of Germany posted in Karachi, spoke highly of Pakistan’s resources and supported the view that Pakistan should have an access to the huge markets in Europe. He was invited to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Head Office by the President of FPCCI, Senator Haji Gulam Ali.

Klinner mentioned that Pakistan possesses a great geographical advantage in terms of trade routes and with efficient human resource management, it can earn a good share in the European markets as well. The Ambassador discussed trade and investment between Pakistan and Germany, citing that Germany is tending to grant market access to Pakistan in the coming future.

The German envoy mentioned that Pakistan’s stumbling economy can shore up by exporting the local products to the European markets and Germany is inclined to help Pakistan in its trouble times by giving access to its markets on favourable terms. Klinner stated that a number of German companies are willing to invest in the coal mining sector of Pakistan. With the Chinese company, Kingho group, pulling out of its projects in Thar coalfield in Sindh, the German investment seems a perfect substitution.

The Consul General also expressed Germany’s willingness in developing collaborations with Pakistan in public transport, waste disposal, water management and education sectors as well. While the German ambassador praised the richness of the country in business opportunities, he also grieved over the reality that there was a deficit of implementation of projects utilizing these opportunities.

Klinner showed great interest in the Foreign Investment Conference to be held by FPCCI in December this year and assured the President that he would send a representative to the conference for exploring more opportunities for collaboration between Pakistan and Germany.

President of FPCCI acknowledged Germany’s influential role in the European markets. He immensely appreciated Germany’s role in pushing for greater access for Pakistani goods in to the European markets and the GSP Plus status in 2014. He insisted on Klinner to persuade the German government for investing in education and training projects in the province of Khyber Pakhtunkhwa.