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

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.

Recent Posts

Stora Enso develops packaging foam using wood-based fibers

Stora Enso, Krekelberg Flock Products and Flocktechniek have developed Papira, a plastic-free packaging foam made from cellulose-based flock fibers.

5 hours ago

Texfil, Decathlon India to promote recycled polyester in sportswear

Texfil Private Ltd, a subsidiary of Filatex India Ltd, has signed a Memorandum of Understanding with Indeca Sporting Goods Pvt.…

6 hours ago

New partnership shows successful mixed-fiber garments recycling

A partnership between Radici InNova, The Lycra Company, and lingerie brand Triumph addresses the challenge faced when recycling clothing made…

6 hours ago

BCI, Planboo launch Biochar Pilot to improve soil health in India

BCI and climate-tech startup Planboo have announced a new project that will test the production and use of biochar on…

3 days ago

Itema, Ivy Decarb to promote low-carbon textile production

Itema has announced a new partnership with Ivy Decarb, a digital platform that helps textile companies measure and reduce their…

3 days ago

GFA introduces circular fashion partnership in Türkiye

GFA has introduced the Circular Fashion Partnership, a new program that will create a national system to collect and recycle…

3 days ago