Envoy calls for tech transfer to establish Pak-German JVs.

LAHORE -- German ambassador to Pakistan Bernhard Schlagheck has said that economic ties of Pakistan and Germany are very strong, stressing the need for technology transfer to establish joint ventures so that exports could be enhanced by producing value-added productsin the country. While talking to a delegation ofAPBF, the ambassador expressed his optimism over extension in GSP Plus status, saying continuation in duties' relaxation for Pakistan would further improve its exports to EU countries, including Germany. He said that Pakistan and Germany's bilateral trade has been around 3 billion Euros while trade balance is also in favour of Pakistan. The...