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1 P G B F Quarterly E-Newsletter Chairman’s Message Dear Members and Friends, I am pleased to inform you that PGBF has started a new newsletter which will be available to all members through electronic media. The newsletter for the quarter of March to August 2017 is available for you to enjoy a glimpse into our activities. Hopefully, we will continue publishing this newsletter on quarterly basis, which will showcase some of the notable events and activities. Over time, this newsletter will serve as a reference point for the past and current events / activities. It will also highlight some of the planned future events enabling members to plan and prepare their participa- tion accordingly. The success of this publication natu- rally depends on your support and contribution. Your suggestions and recommendations are valuable to us and will be considered as part of our efforts to enhance our services. Last but not the least, I would like to thank our members, friends and GPCCI for supporting us in all our endeavors and I wish you all the best in your efforts to further the bilateral relationship between Germany and Pakistan. Happy reading! Mohammed A. Rajpar (Treasurer) Hamza Bin Tariq, Business & Engineering Trends. Shahzad Arshad, Rauf Textile and Printing Mills. Asif Ali Rashid, Almurtaza Machinery (Vice Chairman) Taher G. Sachak, EFU Life Assurance Ltd. Abdul Kader Jaffer, AJCL (Private) Limited. Amir Iqbal, Bayer Pakistan Pvt. Ltd. Late Syed Qaseem Hussain Jaffri, DS- Concept Factoring. (Passed away on August 16, 2017) Sohail Aziz, Nasa International (Representatives of Messe Berlin and Nurnberg. Wajid Hussain Junejo, Engro Fertilizers Limited. PGBF Board of Directors PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM Muhammad Ashraf Bawany (Chairman) PGBF. Mr. Mohammad Naeem Mukhtar, Ibrahim Fibres Limited.

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Page 1: Chairman’s Messagepgbf.com.pk/assets/user_assets/pdf-publications...Rauf Textile and Printing Mills. Asif Ali Rashid, Almurtaza Machinery (Vice Chairman) Taher G. Sachak, EFU Life

1

P G B FQuarterlyE-Newsletter

Chairman’s MessageDear Members and Friends,

I am pleased to inform you that PGBF has started anew newsletter which will be available to all members

through electronic media. The newsletter for thequarter of March to August 2017 is available for you to

enjoy a glimpse into our activities. Hopefully, we willcontinue publishing this newsletter on quarterly basis,

which will showcase some of the notableevents and activities.

Over time, this newsletter will serve as a referencepoint for the past and current events / activities. It will

also highlight some of the planned future eventsenabling members to plan and prepare their participa-

tion accordingly. The success of this publication natu-rally depends on your support and contribution. Yoursuggestions and recommendations are valuable to us

and will be considered as part of our efforts toenhance our services.

Last but not the least, I would like to thank ourmembers, friends and GPCCI for supporting us in all

our endeavors and I wish you all the best in yourefforts to further the bilateral relationship

between Germany and Pakistan. Happy reading!���

Mohammed A.Rajpar(Treasurer)

Hamza Bin Tariq,Business &EngineeringTrends.

Shahzad Arshad,Rauf Textile andPrinting Mills.

Asif Ali Rashid,AlmurtazaMachinery(Vice Chairman)

Taher G. Sachak,EFU LifeAssurance Ltd.

Abdul KaderJaffer, AJCL(Private) Limited.

Amir Iqbal,Bayer PakistanPvt. Ltd.

Late Syed QaseemHussain Jaffri, DS-Concept Factoring.(Passed away onAugust 16, 2017)

Sohail Aziz, NasaInternational(Representativesof Messe Berlinand Nurnberg.

Wajid HussainJunejo, EngroFertilizers Limited.

PGBF Board of Directors

PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

Muhammad Ashraf Bawany(Chairman) PGBF.

Mr. MohammadNaeem Mukhtar,Ibrahim FibresLimited.

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2 PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

East Germany’s population is shrinkingThe rest of the country, and

large swathes of Europe, willface similar problems in future.

WERE it not for the graffition abandoned buildings,Bitterfeld-Wolfen, two townsnorth of Leipzig joined as onein 2007, would seem devoid ofyoung people. Pharmacies,physiotherapy surgeries andshops selling garden gnomesline the sleepy streets. In itsheyday the place had a boom-ing chemical industry. Today“the air is much cleaner and wecan finally hang out laundry,”says an elderly local out on amorning stroll. “But many jobswere lost and so few childrenare left.” He points out a build-ing that was once a school;today it is one of many carehomes.

Despite an influx of 1.2mrefugees over the past twoyears, Germany’s populationfaces near-irreversible decline.According to predictions fromthe UN in 2015, two in fiveGermans will be over 60 by

2050 and Europe’s oldest coun-try will have shrunk to 75mfrom 82m. Since the 1970s,more Germans have beendying than are born. Fewerbirths and longer lives are aproblem for most rich coun-tries. But the consequences aremore acute for Germany, wherebirth rates are lower than inBritain and France.

If Germany is a warning forothers, its eastern part is awarning for its west. If it werestill a country, East Germanywould be the oldest in theworld. Nearly 30 years after uni-

fication the region still suffersthe aftershock from the fall ofthe Berlin Wall in 1989, whenmillions—mostly young,mostly women—fled for thewest. Those who remained hadrecord-low birth rates. “Kids notborn in the ’90s, also didn’thave kids in the 2010s. It’s theecho of the echo,” says FrankSwiaczny from the FederalInstitute for PopulationResearch, a think-tank inWiesbaden. The east’s popula-tion will shrink from 12.5m in2016 to 8.7m by 2060, accord-ing to government statistics.

Saxony-Anhalt, the state towhich Bitterfeld-Wolfenbelongs, is ahead of the curve.

Berlin used to pay littleattention to the area. Butregional decline has already hada political effect. In a state elec-tion in March 2016, a populistparty, the AfD, came first inBitterfeld and second in Wolfen.Such places will matter in a fed-eral election in September,which is expected to be tight.Bitterfeld-Wolfen has seen itspopulation plummet from75,000 in 1989 to 40,500 today.Even after administrators toredown blocks of flats, and cutfloors off others, skeletal remainsof buildings still await the wreck-ing ball. Nearly one building infive is empty. A grand Stalinist-era construction, once thetown’s cultural palace, nowstands deserted. Two-thirds ofkindergartens and over half theschools have closed since 1990.The number of pupils finishingsecondary school has fallen byhalf. Employers struggle to fillvacancies.

P G B F QuarterlyE-Newsletter

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PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

Apprentices—especially inservice industries—are hard tofind. The one booming industry,care, is desperate for more geria-tricians, nurses and trainees. Tohelp fill the gap, the local Euro-Schulen, a training institute, hasturned to Vietnam. Having stud-ied German in Hanoi, 16 youngapprentices started this month,with 20 more expected soon.Nearby Dessau is setting up a sim-ilar arrangement with China.

Germany has long relied onmigrants to make up for low fertil-ity rates. Unusually high migrationin recent years has more thanoffset the shrinkage of the native-born population. But the EUcountries that have traditionallyprovided the migrants, such asPoland, are also ageing. Migrantflows will slow; competition forlabour will increase. And OlgaPötzsch, from the FederalStatistical Office, argues thatGermany will need far moremigrants to stop populationdecline, which is predicted toaccelerate from 2020.

Uwe Schulze, a senior localofficial, says that refugees are not

filling the labour shortage. Of the2,600-odd asylum-seekers whoarrived in the area in 2015 and2016, fewer than a third are nowregistered as “capable of working”and only 40 are fully employed.From his wood-panelled office ina neoclassical building that oncehoused one of Europe’s largestcolour-film makers, ArminSchenk, Bitterfeld-Wolfen’s mayor,says the problems are mostly todo with language, qualificationsand uncertainty about asylum.Asked whether Afghans andSyrians could join the same pro-gramme as the Vietnamese, LianeMichaelis, from Euro-Schulen,forcefully shakes her head, citingeducational, religious and ethicalbarriers for care jobs. She addsthat “those who do have the rightpapers leave quickly”. Accordingto the OECD, about half ofasylum-seekers who started off ineastern Germany in the pastmoved to places such asHamburg once they secured theirpermit.

With the odds seeminglystacked against it, Bitterfeld-Wolfen is at least trying. On a

whirlwind tour of the town, MrSchenk shows how the old coalmine was turned into a lake with anew marina and a promenade. Herepeats the town’s mantra: “It’s allabout offering good-quality lifeand leisure.” A brochure showspictures of smiling children,yachts and tennis. Bitterfeld-Wolfen, it reads, is “one of theyoungest cities in Germany”. Buteven if such marketing did stemdepartures (and in 2015, for thefirst time, inward migrationslightly exceeded the outflow) thetown is still shrinking; more thantwice as many die each year as areborn.

Across many parts of ruralEurope mayors struggle with sim-ilar problems, wondering when toturn their school into a care home.By 2050 Greece, Italy, Poland,Portugal and Spain—which,unlike Germany, have all sufferednet brain-drains—will be olderthan Germany by median ageand will have shrunk substantially,according to the UN. Ageing andemigration are likely further todampen growth in central andsouthern European countries,

says the IMF. It calculates that by2030 GDP per person in severalcountries may be 3-4% lowerthan it would have been withoutemigration.

Where Bitterfeld-Wolfengoes…

In Germany, however, theconsequences are particularlyacute. With a strong economyand a tight labour market, someemployers already struggle to fillvacancies. BCG, a consultancy,predicts that by 2030 the coun-try will be short of between 5mand 7m workers. The triple shockof a smaller workforce, increasedsocial spending and the likelydampening effect of an olderworkforce on innovation andproductivity will drag downfuture growth, predicts OliverHoltemöller of the LeipzigInstitute for Economic Research.These effects are stronger in theeast, he adds. Productivity is20% lower than in the west; theageing population and continu-ing migration to the west willmake economic convergenceeven less likely.���

QuarterlyE-Newsletter

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4 PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

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Solar energy production inPakistan is poised to take off -just as the South Asian countryis ramping up coal productionto help plug a crippling powercrisis, energy experts say.

New high quality solarmaps - essential to securingfinancing for major solar proj-ects - show Pakistan is one ofthe world's best countries forproducing solar energybecause of its arid climate andlatitude.

Pakistan's solar potential ishuge," said Jamil Masud, anenergy expert who helpeddraft Pakistan's national renew-able energy policy.

"The government is wakingup to its potential," said Masud,a director of Hagler BaillyPakistan, an energy and envi-ronmental consulting firm inIslamabad.

"With the prices of (photo-voltaic panels) falling drasti-cally in the last four years, theswitch-over to renewables willhappen gradually."

Pakistan's current nationalpower shortfall is estimated tobe more than 6,000megawatts,caus-

ing long power outages acrossthe country.

Pakistan is building nearly adozen coal power plants overthe next 15 years with Chineseinvestment, as part of itsattempts to end the crisis.

But Pakistan also has arange of major solar projects inthe pipeline, amounting tomore than 4,400 megawatts inpotential power, said AmjadAwan, chief executive officer ofthe government'sAlternativeEnergy

Development Board (AEDB), anautonomous body workingunder the Ministry of Water andPower.

Until now, the country'slack of detailed solar maps -needed by major investors,especially US companies - hasheld back development ofrenewable energy, said AliHabib, managing partner ofShama Solar, a company basedin Lahore.

That changed in March,when Pakistan became one ofthe few developing countriesto produce the maps.

They were developed bythe AEDB and World Bank,drawing on data from ninesolar data stations and 12 windmasts installed across the coun-try.

"This is credible dataaccording to which banks cangive funding to potential proj-ects," said Awan. "The govern-ment can now do theappropriate zoning anddevelop solar and wind areas."

'Better than Germany'

The solar maps highlightwhich regions are most suitablefor solar power generation.Balochistan - a desert area withlittle cloud cover or air pollu-tion - has the country's largestsolar potential, they show.

"The maps reveal that evenareas... receiving the least aver-age annual irradiation arebetter than Germany's bestregions for solar power genera-tion," said Masud.

Germany is a world leaderin producing solar energy, anduses detailed solar maps toassess its own solar resources.

Pakistan's data has beenmade public as part of theGlobal Solar Atlas website,giving commercial scale proj-ects ready-to-use seasonal andmonthly data.

This means investors donot have to spend significanttime and money gatheringdata for their projects. Instead,

Is Pakistan's solar power poised totake off amid energy crisis?

QuarterlyE-Newsletter

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5PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

"they can instantaneouslyacquire certified data of 'bank-able' quality that should beacceptable to commercialfinancing institutions", saidMasud.

That can substantially lowerthe costs around projects,which in turn encourages com-panies to set up large-scalesolar power facilities, he said.

Solar 'alreadytaking off'

Frustrated with constantpower cuts, consumers arealready installing small-scaleroof-top solar systems for theirhomes and businesses.

"Solar is already taking offin Pakistan - it's going to chal-lenge grid-connected power,"said Fariel Salahuddin, anenergy specialist based inKarachi.

"Roof-top solar panels aregrowing organically and as forthe grid-connected solar proj-ects, lots of pieces are comingtogether like regulation, tariffs,investments and grid capacity,"she added.

Pakistan's National ElectricPower Regulatory Authority(NEPRA) has issued guidelinesfor net metering so consumerscan now sell excess solarenergy they produce back tothe grid, Salahuddin said.

One of the first licenses fornet metering was issued toPakistan's parliament buildingin Islamabad, which switchedto solar energy last year.

Some banks have startedfinancing home solar systems,which are cropping up acrossthe country.

The Islamabad Electric SupplyCompany has introduced netmetering, and other power com-panies in large cities such asLahore and Karachi will be follow-ing suit "in a matter of months,not years" said AEDB's Awan.

However, the governmentstill needs to simplify connectionrules and procedures for small-scale solar power to be morewidely adopted, Masud said.

"There are several proce-dural and commercial details tobe worked out before rooftopphotovoltaic panels become a

common sight in Pakistan, butit's only a matter of time beforeit does," said Masud.

Pakistan already has onemajor solar park - the Quaid-e-Azam Solar Park in Bahawalpur,built with Chinese investment.It produces 400 megawattswith plans to rise to 1,500megawatts of solar production.

"Not just the Chinese, butmany other companies fromcountries like Germany and theUnited States are coming intoPakistan to invest in solarenergy," said Vaqar Zakaria, thechief executive officer ofHaigler Bailly Pakistan.

"However, the support andincentives being offered forcoal-based power generationare far more attractive thanthose being offered for invest-

ment in solar power," addedZakaria.

Coal burning

However, despite its con-siderable solar and wind poten-tial and the rapidly decreasingcosts of renewable energy,Pakistan continues to focus onbuilding its coal-powered gen-erating capacity.

The government plans toadd 10,000 megawatts of coalenergy to the country's energymix by 2020.

"Solar and wind have theirlimitations. Solar can't produceelectricity at night," said ShamaSolar's Habib.

"Every country needs abase load that can run all thetime - and that still comes fromcoal and gas or oil."���

P G B FQuarterlyE-Newsletter

A total of 218

Pakistani exhibitors partic-

ipated at Heimtextil Fair,

Frankfurt Exhibition held

in Germany from 10-13th

January 2017. Around 55

Pakistani companies par-

ticipated under the TDAP

pavilion.

Heimtextil, Frankfurt is

the biggest international

trade fair for home, towel

and contract textiles and

the global benchmark for

quality design textiles of

innovative functionality.

The show is just not a

meeting place for German

buyers but Pakistan

exhibitors to meet buyers

from Europe, North

America, Far East and

South America as well. A

total 2,886 exhibitors

from 69 countries were

present at

Heimtextil.���

218 Pakistani exhibitors participated atHeimtextil 2017, Frankfurt

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6 PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

P G B F QuarterlyE-Newsletter

‘One Nation, One Vision’:Pakistani participation atindustrial fair in Germany

More than 30 PakistaniEngineering companies areparticipating in HannoverMesse 2017, world’s leadingindustrial show in Hannover,Germany. The event is aimed atpromoting emerging technolo-gies, future engineering trends,state-of-the-art machinery,which would help in dissemina-tion of knowledge to younggraduates.

Hannover Messe, whichstarted on April 24 presentedpractical solutions for thefuture of manufacturing indus-try. For five days across thepacked exhibition ground,6,500 exhibitors from 70 coun-tries are showcasing intelligentrobots, 3D printers, solutionsfor industry 4.0 and highly effi-cient energy systems.

Pakistan’s participation inthe event was organised by the

Engineering DevelopmentBoard (EDB), Ministry ofIndustries and Production con-secutively from 2006 to 2009, in2016 and 2017, with the help ofTrade Development Authorityof Pakistan (TDAP), Board ofInvestment and the Embassy ofPakistan in Berlin.

“EDB wanted to bringPakistan’s best engineeringcompanies to showcasePakistan’s engineering manu-facturing products at leadingtechnology fair,” said Asim Ayaz,Director General Manager EDB.

Pakistan’s delegation alsocomprises five professors fromthe country’s leading engineer-ing universities.

Ambassador of Pakistan toGermany Jauhar Saleem wasalso present at the event andvisited stalls of participantsfrom Pakistan.

Ambassador Saleem saidthat Pakistan’s exports relyheavily on its textile sector, andneeds to invest in engineeringand technology products,which is the way forward. Hepraised the initiative by EDB tobring several Pakistani manu-facturers at Hannover Messe,he added.

The ambassador urged theexhibitors to continue follow-up activities with the visitors attheir booths to convert theseopportunities into real businesstransactions, which will resultin economic benefits for thecountry.

Commercial CounselorBerlin, Jehangir Mushtaq Virkhas ensured support to theexporters of engineering goodsin order to lock business dealswith German engineering com-panies.

EDB arrange for Pakistani

participation in Hannover

Messe consecutively from 2006

to 2009 and in 2016-17 said, Mr.

Asim Ayaz, Dy. General

Manager Engineering

Development Board (EDB),

Ministry of Industries and

Production.

Regular presence at such a

global industrial fair reflects the

commitment of exporters, said

Abdul Hamid, participating for

the past 10 years at the

Hannover Messe. He added

that convincing highly profes-

sional buyers in Germany is not

easy, but a company can enjoy

long-term relations with them

if it is able to built trustworthy

relations.

Another exhibitor said that

the Pakistani automotive indus-

try is still in a developing phase

and exhibiting its products at

the Hannover Messe will help it

become aware of the industry

trends.

Pakistan’s pavilion at the

event remained the focus of

visitors due to its design, colour

scheme and its central location.

The giveaway items including

mini-footballs and green bags

attracted attention of the inter-

national visitors.

The 70th Hannover Messe

was inaugurated by German

Chancellor, Angela Merkel and

the Prime Minister of Poland,

Ms. Beata Szydło.���

Ambassador of Pakistan to GermanyJauhar Saleem and Commercial CounselorBerlin, Jehangir Mushtaq Virk.

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PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

QuarterlyE-Newsletter

Finance Minister, SenatorMohammad Ishaq Dar andGerman Federal Minister forEconomic Cooperation andDevelopment, Dr. Gerd Mullermet Thursday here at PrimeMinister House and discussedmatters of mutual interest withparticular focus on bilateral devel-opment cooperation betweenthe two countries.

The Finance Minister wel-comed the German Minister andhighlighted the historic tiesbetween Pakistan and Germany,said a statement issued here.

Dar appreciated the coopera-tion and support of the Germangovernment for various develop-ment projects in Pakistan, includ-ing the recent equityparticipation by German develop-ment bank, KfW, in the PakistanMicrofinance InvestmentCompany (PMIC).

The Finance Minister sharedwith the German Minister that,after having achieved macroeco-nomic stability in Pakistan, thegovernment is now focused onattaining higher, sustainable andinclusive economic growth.

He said that Pakistan is

focused on the promotion of

financial and digital inclusion in

the country.

In this regard, he highlighted

the IT Park project in Islamabad

that is being implemented with

loan assistance from Korean Exim

Bank.

The Finance Minister empha-

sized that Pakistan has a liberal

investment regime and invited

German companies to invest in

Pakistan, particularly in the auto-

motive and solar PV sectors.

He suggested that German

companies should explore the

possibility of benefitting from the

opportunities available in the

Special Economic Zones being

established.

The German Minister

acknowledged Pakistan’s eco-

nomic success story over the last

three and a half years.

He appreciated Pakistan’s

efforts and sacrifices for address-

ing the challenges of terrorism

and extremism, and the promo-

tion of global peace.

He said that Germany is

focused on continuing its eco-

nomic and development initia-

tives in Pakistan.

Dar offered Germany con-sider revising technical andresearch assistance for develop-ment projects in Pakistan, includ-ing technical support in theagriculture sector to achievehigher yields.

The German Minister invitedthe Finance Minister to visitGermany and meet with variousGerman business leaders to pro-mote the investment and busi-ness opportunities in Pakistan.

Following the meeting,Pakistan and Germany signed aJoint Declaration of Intent withthe aim of further strengtheningdevelopment cooperationbetween the two countries.

At the end of the meeting,both the Finance Minister and theGerman Minister reaffirmed themutual commitment to furtherenhance and strengthen bilateralrelations in existing and newareas.���

Mohammad Ishaq Dar and German Minister discussEconomic Cooperation and Development

Finance Minister, Senator Mohammad Ishaq Dar in a meeting with visiting German Federal Minister for EconomicCooperation and Development, Dr. Gerd Muller.

Germany announces€109 million forPakistan

Germany announced a financial package of €109 mil-lion for Pakistan in order to develop economic tiesbetween the two countries.

The Declaration of Intent, which was signed followinga meeting between Finance Minister Ishaq Dar andGerman Federal Minister for Economic Cooperation andDevelopment Dr Gerd Muller on Thursday, promises €109million to Pakistan in the next two years.

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8 PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

P G B F QuarterlyE-Newsletter

Pakistani growers andexporters of fresh fruits andvegetables participating in the‘Fruit Logistica 2017’ havereceived an estimated importorder of $2 million, reported anational daily.

Standing Committee ofFederation of PakistanChambers of Commerce andIndustry (FPCCI) Chairman onFruit and Vegetable ExportsWaheed Ahmed is confidantthat the response at the eventwas very positive and isexpected to lead to furtherimport orders in the future.

At least 40 delegates from16 fruit-exporting firmsattended and displayed theirproducts at the event, one ofthe mostimportantbusinessand com-munica-tion arena

of international fresh producetrade that is organised inGermany.

The participation of 10companies wasorganised byPakistan Fruit andVegetablesExporters, Importersand Merchant

Association (PFVA) while 6 firmshad attended the show underthe representation of the TradeDevelopment Authority ofPakistan (TDAP).

The Pakistani pavilion wasvisited by delegates of 30 coun-

tries including the UK, Norway,Spain, Italy, China, Malaysia,South Korea, Russia, and theUAE. It was inaugurated byPakistan’s Ambassador inGermany Johar Saleem, accord-ing to a statement released byPFVA.

Ahmed stressed on focus-ing on the production of qual-ity fruit in order to meetinternational standards. Headded that India, pocketed atleast $15 million worth ofimport orders due to betterquality of its products asopposed to Pakistan.

A modern technology ‘SkyDetect’ introduced byEuropean countries during theshow was the centre of attrac-tion at Logistica, he said,adding that the same technol-ogy could be used to minimisethe effect of climate change inPakistan.���

Pakistan pockets $2m worth of import ordersat Fruit Logistica 2017

Waheed Ahmed, Chairman (PFVA), Johar Saleem,Pakistan’s Ambassador in Germany and Mr. Sohail Aziz.

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PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

QuarterlyE-Newsletter

Pakistani companies at BIOFACH 2017, NürnbergBIOFACH being the World's

Leading Trade Fair for OrganicFood, and the 10th anniversaryedition of VIVANESS, theInternational Trade Fair forNatural Personal Care, drew48,533 visitors compared to lastyear’s 44,624 from 130 coun-tries to Nürnberg from 10 to 13February this year. Exhibitorsfrom Pakistan were: ShafiGluco, Habib ADM, HunzaFood, Organo Botanica andMountain Fruit Company.

A total of 2,575 exhibitors,250 of whom took part inVIVANESS, presented productsand services on a net area ofroughly 47,000 m2. The propor-tion of exhibitors from outside

Germany for the two exhibi-tions was 69 % and, last but notleast, there was pleasing newsregarding the organic indus-try’s annual balance: In 2015,German households spentaround 11 % more on organicfood than in the year before,with sales amounting to overEUR 8bn according to theGerman Federation of theOrganic Food Industry(Bund ÖkologischeLebensmittelwirtschaft).

The exhibitors at BIOFACHappeared to have been satis-fied with every aspect of thetrade fair at the end of the fourdays. The results of a surveyconducted by an independentinstitute indicate that 90 % ofall the exhibitors rated theoverall success of the exhibitionpositively. 93% praised thequality of the visitors who cameto their stand and were able toreach their target groups, and92 % established new businessrelationships thanks to conver-sations with visitors. 85% nowexpect post-exhibition busi-ness to follow these initialmeetings that took placeduring the event. As a result ofa pleasing response from visi-tors, 91 % of the exhibitorsintend to participate at BIO-FACH again in the future. 93 %of the visitors who took part inthe survey said they had takenaway new ideas, while 98 %were happy with the range ofproducts on display and 97 %were satisfied with their visitoverall.���

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10 PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

P G B F QuarterlyE-Newsletter

Europe's economic power-house has reported its bestever month for imports andexports underscoring healthyforeign demand for Germangoods and robust consumerspending within the country.

German companiesexported goods and servicesworth 118.2 billion euros ($129billion) in March - a gain of animpressive 10.8 percent com-pared with the same month ayear ago, according to thelatest data released by the

country's statistics office,Destatis, on Tuesday.

Imports climbed 14.7 per-cent over the year, hitting 92.9billion euros, and also markingthe best March figure on

record. As a result, Germany'soverall trade surplus grew to25.8 billion euros in the month,continuing its upward trendthat already widened the coun-try's trade gap to an annual

record of 253 billion euros lastyear.

Demand for Germany'swares grew most significantlyin countries outside theEuropean Union, includingChina and the United States,which took in products worth50.3 billion euros, which is anincrease of 14 percent.

Germany's biggest tradingpartner, however, remained theEuropean Union, with the 28-nation bloc buying a total of 68billion euros of exports.���

German trade grows massively in March 2017

24 Pakistani companies at IWA (Hunting ShootingSports, Outdoor Equipment) Nürnberg

The 44th round of the IWAOutdoor Classics closed withnew records for all KPIs after afour-day event from 3 to 6March 2017. This year was thefirst time that the leading inter-national exhibition for HUNT-ING AND SHOOTING SPORTS,OUTDOOR EQUIPMENT andcivilian and official securityneeds registered more than1,500 exhibitors in display areaof over 100,000 square meters,as well as over 49,000 trade visi-tors.

The number of exhibitorswas up around four per cent onthe previous year to 1,515(1,455 in 2016) from 57 coun-tries, while trade visitorsincreased by around eight percent to more than 49,000(45,530 in 2016) from 120 coun-tries. The figures for visitors,exhibitors and display area aredetermined and certifiedaccording to the standard defi-nitions of FKM, the Society forVoluntary Control of Fair andExhibition Statistics.

Pakistan hunting & sportingindustry, historically doingremarkable performance yearby year to achieve desired qual-ity of products and services forthe international market. Thesector having significant pres-ence of companies with a widerange of geographical spread

in the country can entertain

any volume of desired quality

products.

The next IWA

OutdoorClassics is scheduled to

take place at Exhibition Centre

Nürnberg from 9 to 12 March

2018.���

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11

QuarterlyE-Newsletter

PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

P G B F

Some of the leading exhibitions in Germany

TechtextilMay 14 to 17, 2019.Frankfurt am Main,Germany.

HeimtextilJanuary 9 to 12, 2018.Frankfurt am Main,Germany.

International Green WeekJanuary19 to 28, 2018.Berlin, Germany.

Fruit LogisticaFebruary 7 to 9, 2018.Berlin, Germany.

BIOFACHFebruary 14 to 17, 2018.Nurnberg, Germany.

InterpackMay 4 to 10, 2017.Düsseldorf, Germany.

To include your exhibition or event in the PGBF E-Newsletter, please contact us at: [email protected]

ITB BerlinMarch 7 to 11, 2018.Berlin, Germany.

IWA OutdoorClassicsMarch 9 to 12, 2018.Nuremberg, Germany.

Tag it!August 27-29, 2019.Dusseldorf, Germany.

SCHWEISSEN &SCHNEIDEN – DVSCongress 2017September 25 - 29, 2017.Dusseldorf, Germany.

REHACAREINTERNATIONAL 2017October 04 – 07, 2017.Dusseldorf, Germany.

A+A 2017October 17 - 20, 2017Dusseldorf, Germany.

ARCHITECT @ WORKSeptember 27 – 28, 2017Munich, Germany.

ART DÜSSELDORF 2017November 16 - 17, 2017Dusseldorf, Germany.

IFA BERLIN 2017September 01 to 07, 2017Berlin, Germany.

MELA 2017September 14 – 17, 2017Gülzow-Prüzen, Germany.

MUNICH FABRIC START 2017September 5 - 7, 2017Munich, Germany.

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12 PUBLISHED BY THE PAKISTAN GERMAN BUSINESS FORUM

P G B F QuarterlyE-Newsletter

Our respected director Mr.Qaseem Hussain Jaffri whoserved on the boards ofPakistan German BusinessForum (PGBF) and GermanPakistan Chamber ofCommerce and Industry(GPCCI), passed away aged 56due to a heart attack on themorning of August 16, 2017here in Karachi.

Mr. Qaseem Hussain Jaffri’scareer spanned over 28 years.Currently, he was working withDS-Concept Factoring PakistanLiaison office of German TradeFinance Company from 2007 todate. He also held the positionof Head of BusinessDevelopment department inthe same company. He alsoestablished and owned a pro-prietorship company namedMoca Global Pakistan for media

support to its corporate clientsin Pakistan and abroad since2004 to date.

He also held strategicallyimportant positions in suchprestigious places as HotelMehran – Group of hotels oper-ating in Pakistan and Dubaiwhere he served as DirectorMarketing, Hotel PearlContinental Karachi as

Marketing Manager, HotelRegent Plaza as Sales Manager,Norfolk House Hotel London asCorporate Sales Manager, HotelTaj Mahal Karachi as Sales andMarketing Manager, ThiloPharma as Regional SalesManager South and AtcoLaboratories as Product andTraining Manager.

He was a well-versed andscholarly figure havingacquired a Master of Sciencefrom University of Karachi andhad attended dozens of execu-tive and advanced professionalcourses during the course of hiscareer in Pakistan and UK.

Mr. Jaffri was on both PGBFand GPCCI Boards for severalpast years. He was a strong sup-porter of both PGBF and GPCCIand was always at the forefrontin promoting business rela-

tions. His company DS Conceptprovided export financing tomany Pakistani and Germancompanies allowing anincrease in trade volumes.

Mr. Jaffri was an activemember of Karachi Club for last18 years. He was known in hiscircles as an enthusiastic anddynamic person with a sharpintellect and power to takeready decisions but he willmost probably be rememberedfor his pleasant disposition andfriendly personality.

May Allah SWT grant himthe highest rank in Jannah andgive his family the strength tobear this irreparable loss!

On behalf of the Boardmembers, Qazi Sajid Ali,President GPCCI and M AshrafBawany, Chairman-PGBF.�

In loving memory of Mr. Qaseem Hussain JaffriForever Remembered, Forever Missed

A welcome dinner forChargé d'Affaires GermanEmbassy Islamabad, H.E. Dr.Tilo Klinner (also the ex-Consul General of Germanyin Karachi several years ago),at Mövenpick hotel Karachiwas organized by GPCCI onFriday, 21st July 2017.Prominent businessmen, dig-nitaries, members of severalConsulates & Embassies andthe Board members of bothPGBF and GPCCI graced theoccasion with their presence.

Dr. Tilo Klinner thanked theparticipants for joining in theevent and appreciated the con-tributions of the Forum and theChamber in furthering thecause of bilateral trade rela-

tions between Germany andPakistan over all these years. Healso encouraged the partici-pants to continue doing thegood work and contribute tothe Mission for advancement ofbusiness activities between thetwo nations, by sharing in theirfeedback, suggestions andactive participation using thisuseful platform.

Welcome Dinner of Dr. Tilo Klinner in Karachi

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For further information , please contact:PAKISTAN GERMAN BUSINESS FORUM

2nd Floor, Plot No.7-E,9th Zamzama Commercial Lane, Phase 5,

D.H.A., Karachi – 75600, PakistanEmail: [email protected]

Tel:+92 (0)21 35295260

PGBF members are requested to send theirnews, articles or press releases for

publication in quarterlyPGBF e-newsletter.

Pakistani participation atITB Berlin

Since more than sevenyears at ITB Berlin there isgreat participation fromGilgit Baltistan - Pakistan. Theparticipation of Co-Exhibitorswith Tourism Department ofGilgit Baltistan has been increasing every year .

In 2017 again “Gilgit Baltistan Tourism Department” had a greatparticipation in cooperation with GB Council & Govt. of Gilgit

Baltistan. The Delegation was led byMr. Barjees Tahir (Federal MinisterKashmir & Gilgit Affairs) accompa-nied with Minister for GB Mr. FidaHussain. Booth Design & ExecutionServices were carried out with sup-port of Nasa International. Design

was inspired by World’s 2nd Highest Peak K2.

Being Official Representative of Messe Berlin, NASAInternational did great efforts for promoting and facilitating all theexhibitors and trade visitors for ITB BERLIN 2017.���

P G B FQuarterlyE-Newsletter

In an informal net-working lunch event,hosted by GPCCI atPGBF-GPCCI head officein Karachi, dozens ofprominent people anddignitaries from busi-ness circles in Pakistanalong with PGBF andGPCCI Boards cametogether to meet Mr.Martin Kobler, the newAmbassador of theFederal Republic ofGermany in Pakistan onAugust 18, 2017.

H.E. Mr. RainerSchmiedchen (Consul-General of Germany inKarachi), Mr. Qazi Sajid(President GPCCI), Mr.Nadeem Kazmi (SeniorVice President GPCCI),Mr. Ashraf Bawany(Chairman PGBF), Mr.Asif Ali Rashid (ViceChairman PGBF), Mr.Abdul Kader Jaffar (CEOAJCL Pvt. Ltd.), Mr. SohailAziz (CEO NasaInternational), Mr. MianAbrar (CEO AhmadGroup of Co.), Mr. WasimMirza (CEO PakistanSpecialty Chemicals), Mr.Bashir Muhammad(Chairman Gul Ahmed),Mr. Helmut Von Struve(CEO & MD SiemensPakistan), Mr. KaleemFarooqi (ManagingDirector TechnologyLinks), Mr. Nafees Siddiqi

(Chairman Nafees SiddiqiLaw Associates) weresome of the noteworthyparticipants in thisevent.

In a networking ses-sion during the lunch,honorable guestsexchanged their viewson the current scenarioof the business inPakistan in general andhow German companiesin Pakistan were con-tributing to the eco-nomic well-being of thecountry. The topic of fur-therance and enhance-ment of bilateral tradeand cultural relationswith the growingdemands of the day wasalso taken up veryactively among theguests.

H.E. the Ambassadorof the Federal Republicof Germany in Pakistanthanked all the membersin joining him for thelunch on a short noticeand hoped that the goodwork in fostering eco-nomic and cultural bilat-eral relations willcontinue in Pakistan infuture as well and thattheir support and feed-back was also welcomefor future endeavorsbetween the twonations. ���

Welcoming the newAmbassador of theFederal Republic ofGermany in Pakistan