German-Pakistan Chamber of Commerce and Industry GPCCI inaugurated
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ISLAMABAD: (APP) A high-ranking delegation from Germany Friday inaugurated the newly created German Pakistan Chamber of Commerce and Industry (GPCCI) in order to promote bilateral trade and investment.
German Ambassador in Pakistan Ina Lepel, Dr. Stephan Oswald, Division Head of the German Ministry for Economic Cooperation and Development (BMZ), Rainer Schmiedchen, Consul General of the Federal Republic of Germany in Karachi and prominent business leaders attended the event held in Karachi, said a press release.
The guests enjoyed the Sindhi music played on the traditional instruments aloghoza, sitar and chung as well as Pakistan's first and only sand artist Ameer Mukhtar's show.
"This is an important step to further deepen our bilateral business ties," Ambassador Lepel said.
"The German-Pakistan Chamber of Commerce and Industry (GPCCI) will provide a new and permanent home for all German companies in Pakistan, Pakistani companies working with German products and trading with Germany."
Chairman GPCCI, Qazi Sajid Ali, thanked the German missions in Pakistan, the Commerce Ministry, as well as the bodies of GPTI and PGBF for extending their support during the process of building this concept and bringing it to fruition.
GPCCI is the first European bilateral chamber in Pakistan. It will support its members by offering an ever-increasing range of services aimed at facilitating bilateral trade and direct investment.
A Memorandum of Understanding was also signed between the GPCCI and the Pakistan German Renewable Energy Forum (PGREF) whereby the former would provide a secretariat for the latter in Karachi besides helping promote German expertise in renewable energy as part of the PGREF program.