Pakistan economy witnessing a turnaround: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Monday said Pakistan’s economy is witnessing a turnaround with key indicators showing improvment while operation against terrorism is also achieving success.

He was talking to German Foreign Minister Dr. Frank Walter Steinmeier who called on him at the PM House.

During the meeting, matters relating to bilateral and regional interest with particular focus on peace and stability in the region were discussed, said a press release.

The Prime Minister recalled his visit to Germany in November last year and his meetings with Chancellor Angela Merkel.

Sharif said he had already directed the concerned authorities to follow the mutually agreed areas of cooperation that were discussed during his visit, particularly bilateral trade and investment.

The Prime Minister thanked Germany for supporting Pakistan on the GSP Plus status given by the European Union (EU).

Dr. Frank Walter Steinmeier said that bilateral relations between the two countries were improving and cooperation in the economic field and other sectors would further make the ties stronger between the two countries.

He paid tremendous respect and appreciation for the sacrifices made by Pakistan in the fight against extremism and terrorism.

The German Foreign Minister thanked the Prime Minister for the warm welcome and hospitality extended to him in his visit to Pakistan.

Advisor to PM on National Security and Foreign Affairs Sartaj Aziz and Special Advisor to PM Tariq Fatemi also attended the meeting.