Islamabad, 22 August 2024 (TDI): Prime Minister Shehbaz Sharif on Thursday reaffirmed Pakistan’s commitment to sustainable development, climate change mitigation and economic growth.
Talking to German Federal Minister for Economic Cooperation and Development, Svenja Schulze, who called on him in Islamabad, the prime minister said Pakistan and Germany had a history of mutually beneficial commercial and economic relations.
He said on that Islamabad was keen to revive the Pakistan-Germany partnership back to its glorious past.
He welcomed Schulze to Pakistan and appreciated Germany’s longstanding support for Pakistan’s socioeconomic development.
PM Shehbaz said that Pakistan and Germany had a history of mutually beneficial commercial and economic relations and lauded Germany’s role in the industrial development of Pakistan.
He underlined Islamabad’s commitment to sustainable development, climate change mitigation and economic growth while sharing his government’s priorities including structural reforms for the economic revival of the country.
Minister Schulze conveyed greetings of Chancellor Olaf Scholz to the PM and reaffirmed Germany’s commitment to strengthening bilateral ties with Pakistan, especially in the areas of trade, investment, and development cooperation.
She also shared that Germany was keen to increase its support for the renewable energy sector and climate resilience initiatives in Pakistan.
Bilateral Economic Cooperation
They discussed ways to further enhance bilateral economic cooperation, including increased trade, IT and technology transfer, investment, as well as export of skilled labor.
They also exchanged views on regional and global matters, including the situation in Gaza and the Ukraine conflict.
Schulze also extended an invitation to the prime minister on behalf of Chancellor Olaf Scholz to attend the Hamburg Sustainability Conference in October.
