Pakistan, Germany vow to deepen trade, investment ties

Islamabad: Pakistan and Germany expressed commitment to deepen bilateral cooperation in trade and investment.

The consensus to this effect was reached during a meeting between Minister for Commerce Jam Kamal Khan and Germany’s Federal Minister for Economic Cooperation and Development, Svenja Schulze in Islamabad on Wednesday.

The meeting focused on advancing economic collaboration, with a particular emphasis on sustainable business practices and labor standards.

The ministers also discussed potential for increased collaboration between their respective business communities.

The discussion highlighted National Compliance Center, an initiative led by the Ministry of Commerce to promote labor compliance and social responsibility in Pakistan.