Denmark wants to enhance bilateral trade with Pakistan in various sectors including textile and knitwear. Danish companies are planning to sign joint ventures in different sectors with Pakistani companies. Danish companies will work with Pakistan’s corporate sector in knitwear manufacturing. Advanced technology will be introduced in Pakistan, which would help increase production, improve quality of products and cut production costs. Danish companies will focus on various fields including renewable efficient energy, health care and food production.

Denmark played an important role in getting Pakistan GSP Plus status from the European Union, which allowed duty-free export of many products. Pakistan’s problems with managing its power crisis could get valuable support from the Nordic country. Denmark is considered to be a stronghold of renewable energy. Around 40 per cent of the world’s wind turbines are manufactured in Denmark. Renewable energy is an area for cooperation, given Pakistan’s focus on alternative resources in its new energy policy.

Denmark’s private industry would also support Pakistan in energy conservation technologies and agricultural machinery. Denmark will work with provinces in Pakistan for capacity building and with civil society organizations on democratisation, human rights and gender equality. Denmark is ranked as one of the least corrupt countries and the happiest nation. But it has some of the highest tax rates in the world.