AGL 37.55 Increased By ▲ 0.05 (0.13%)
AIRLINK 218.49 Decreased By ▼ -4.40 (-1.97%)
BOP 10.68 Decreased By ▼ -0.14 (-1.29%)
CNERGY 7.32 Decreased By ▼ -0.24 (-3.17%)
DCL 9.10 Decreased By ▼ -0.32 (-3.4%)
DFML 40.35 Decreased By ▼ -0.61 (-1.49%)
DGKC 102.20 Decreased By ▼ -4.56 (-4.27%)
FCCL 34.40 Decreased By ▼ -2.67 (-7.2%)
FFL 19.50 Increased By ▲ 0.26 (1.35%)
HASCOL 12.82 Decreased By ▼ -0.36 (-2.73%)
HUBC 130.69 Decreased By ▼ -1.95 (-1.47%)
HUMNL 14.42 Decreased By ▼ -0.31 (-2.1%)
KEL 5.27 Decreased By ▼ -0.13 (-2.41%)
KOSM 7.20 Decreased By ▼ -0.28 (-3.74%)
MLCF 45.45 Decreased By ▼ -2.73 (-5.67%)
NBP 65.79 Decreased By ▼ -0.50 (-0.75%)
OGDC 220.12 Decreased By ▼ -3.14 (-1.41%)
PAEL 44.25 Increased By ▲ 0.75 (1.72%)
PIBTL 9.08 Increased By ▲ 0.01 (0.11%)
PPL 192.28 Decreased By ▼ -5.96 (-3.01%)
PRL 41.60 Decreased By ▼ -0.64 (-1.52%)
PTC 26.69 Decreased By ▼ -0.70 (-2.56%)
SEARL 107.29 Decreased By ▼ -2.79 (-2.53%)
TELE 10.32 Decreased By ▼ -0.20 (-1.9%)
TOMCL 35.86 Decreased By ▼ -0.76 (-2.08%)
TPLP 14.48 Decreased By ▼ -0.47 (-3.14%)
TREET 25.86 Decreased By ▼ -0.67 (-2.53%)
TRG 67.34 Decreased By ▼ -1.51 (-2.19%)
UNITY 33.50 Decreased By ▼ -0.69 (-2.02%)
WTL 1.75 Decreased By ▼ -0.04 (-2.23%)
BR100 12,291 Decreased By -72.5 (-0.59%)
BR30 37,354 Decreased By -863.8 (-2.26%)
KSE100 116,637 Decreased By -482.9 (-0.41%)
KSE30 36,770 Decreased By -166.8 (-0.45%)

Pak-German Chamber of Commerce and Industry (PGCCI) would be launched, what a German official said, within next one month to boost the present $2.2 billion bilateral trade between the two countries. Monday saw German Consulate here organising an award ceremony to honour Dr Ruth Pfau of Marie Adelaide Leprosy Center (MALC), the German founder of National Leprosy Control Program in Pakistan.
"Very soon, say within a month. We are on the process," a German official told Business Recorder when asked when the long-awaited joint chamber is coming into being. The official, requesting anonymity for he was not authorised to talk to media on the issue, refrained from giving a specific date saying the launch wasn't "in our hands".
Also, German Consul General in Karachi Rainer Schmiedchen would not give "any timeline" for the establishment of PGCCI which he said once made would boost mutual trade and investment between the two trading partners. The volume of Pak-German trade, according to Ines Chabbi, chief operating officer of German Pakistan Trade and Investment (GPti), stands at $2.2 billion.
Consul Rainer said Pakistani trade had shown 20 percent growth in 2014 because of the European Union having assigned GSP Plus status to the country. "It has better exports to Europe," he said. Overall, the consul general said Pakistani market was "quite good" wherein the interest of international investors was growing.
During the ceremony, Dr Pfau was awarded Germany's prestigious Gold Staufer Medal on behalf of Chief Minister of German State Baden-Wurttemberg in recognition of her 55-year humanitarian healthcare services to the poor of Pakistan and Afghanistan. "It is largely due to her innovative medical approach as well as her systematic and efficient commitment to public health that leprosy has been almost eradicated in Pakistan," the consul general told the audience. Fluent in Urdu, Dr Pfau told reporters that she liked Pakistan so much that she never went back home. "I would not have done it without my team," said the aged lady, the winner of Hilal-i-Pakistan award.

Copyright Business Recorder, 2015

Comments

Comments are closed.