Ambassador of Denmark, Jesper Moller Sorensen, has said that Danish companies can extend assistance to Pakistan in water waste management. Speaking at a meeting of Korangi Association of Trade and Industry (Kati) on Friday, he said that Danish and Pakistani businessmen could also undertake joint ventures in other important sectors of the economy including healthcare, agriculture and dairy sector, which offered immense opportunities.
Sorensen said that the overall trade volume between the two countries stood at 400 million dollars, which was insignificant and needed to be enhanced by focusing more on improving trade and commercial activities. In this regard, he added the Denmark embassy had opened a commercial section to facilitate the Pakistani businesspeople and explore potential sectors for strengthening trade and investment ties between the two countries.
He said that to promote commercial activities, the Danish embassy had also hired two senior commercial officers. The commercial section at the Embassy of Denmark would certainly welcome suggestions by Kati for further improving trade and investment ties between the two countries, he added.
Sorensen said that there was a vast potential for Danish businessmen to invest in Pakistan's energy sector, shipping industry and health care industries. "Denmark is an open country, having very liberal trade policies and the Danish government earnestly believes in making business; we are also planning to take selected Pakistani companies to Denmark for exploring business opportunities there and we are eager to move into a new era of business relations with Pakistan," he added.
He said that Denmark was a small country and majority of its people used bicycles to go to offices, schools and other work places. Speaking on the occasion, Kati President Syed Farukh Mazhar said that the Danish investors could get advantage of vast opportunities of investment in Pakistan.
He appreciated the steps taken by the Danish ambassador for improving relations between Denmark and Pakistan, particularly trade and business ties. "Pakistan offers a great potential for direct investment and the returns on investment here are quite lucrative," he added. Kati's Diplomat Affairs Committee Chairman Masood Naqi stressed for exchange of trade delegations for improving business relations between the two countries.