Germany is looking to increase its investments in Pakistan, especially in the energy sector, provided the conditions are right, Chancellor Angela Merkel said on Tuesday during a visit by Prime Minister Nawaz Sharif.
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Merkel said Germany’s KfW state development bank was already involved in projects in Pakistan including hydro power plants, but added that the security situation was sometimes a deterrent. “We can look at intensifying these (investments), as long as the conditions are right,”
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Merkel told a joint news conference with Sharif. Sharif said Germany’s companies had shown plenty of interest in his country’s energy sector. -Reuters
