A member of the Federal Parliament of Germany, Klaus-Werner Jonas, has said that investment climate in Pakistan is very good. He was talking to APP during a visit to the Institute of Bankers Pakistan here on Tuesday.
Jonas, who is also a Special Reporter on Pakistan in the Committee for the Development and Economic Co-operation and Member of the Parliamentary Assembly of the European Council, said he will report back that Pakistan is an interesting and exciting country and it is worth investing here.
However, he said the security concerns as have been depicted in the Western media should be taken into consideration. Notwithstanding that, Jonas added, Pakistan is a very interesting and exciting country. "It is worth to invest here in Pakistan", Jonas further remarked on the occasion.
Earlier, speaking on the occasion, Jonas described Pakistan as a huge market and said that there is immense potential for business co-operation with Germany. He was of the view that such a co-operation can be in the automobile industry, Information Technology, textiles and agriculture, irrigation etc. He made it clear that in this respect he does not want to exclude any field.
Jonas referred to the visit of the German Foreign Minister and the recent visit of the German Chancellor and said that these would help further enhance the friendly ties and business co-operation between the two countries.
Jonas described Pakistan as a country, which is full of opportunities and potential. However, he pointed out that the issue pertaining to the legal investment security for the firms that come here for investment, should also be looked into.
Jonas said the ties between Germany and Pakistan can be reinforced and strengthened further. "What we have achieved in this respect is a lot and we will continue to work in order to achieve more", he added.
The Chief Executive of IBP, Muhammad Saleem Umar, welcomed German MP Jonas. He said there is a lot of scope of collaboration and co-operation between the financial and economic institutions of the two countries especially in the field of manpower training etc.