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Denmark keen to expand bilateral ties with Pakistan will invest in textile

YarnsandFibers News Bureau 2016-09-20 15:00:00 – Karachi

Ambassador of Denmark to Pakistan, Ole Thonke, during his meeting with Governor Sindh Dr. Ishrat Ul Ebad Khand at Governor House on Monday said that Denmark through enhanced trade, investment, and sharing expertise mainly in textile sector and energy is keen to expand bilateral ties with Pakistan.

In this connection, Governor Sindh will be providing all facilities to Danish investors in the province. Presently many Danish companies are engaged in various sectors of economy in Pakistan and it is maximizing the industrialization in the country.

Ishrat ul Ebad Khan said that the decision of Danish Government to provide all help and assistance to their investors desirous of investing in Pakistan would further boost the economic activities in Pakistan and specially Sindh.

Denmark is heavily dependent on the trade with other countries for its economy adding that that maximum investment would be carried out in Pakistan to boost its overall economy and to help to eliminate terrorist activities.

Currently, the volume of bilateral trade was $425 million between the two countries, which needs further expansion.

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