investors in Expo Pakistan had proved well that the latest trade fair had become more successful than any of such previous business fairs. He said it also proved that foreign investors had interest to invest in different business sectors of the country.
He said the present government, instead of relying on aid, had been furthering the policy of increasing volume of international trade as Pakistan-made products should get access to international markets.
He said that his government had attached the foremost priority to peace and economy. Nawaz said another priority of his government would be to resolve persisting energy crisis as several major steps were being taken to overcome energy shortfall.
He said that holding Expo Pakistan would be highly helpful in winning a place for Pakistani products in international market as volume of exports from Pakistan would be increased to $50 billion in next three years.
Nawaz said his government had devised a new policy for promotion of exports of textile products for which a target of $39 billion had been set to chase till 2019. He said implementation was in progress on South Asia Free Trade Agreement while awards of GPS-Plus (Generalised System of Preferences-Plus) status on Pakistan by European Union (EU) had become a very suitable move for Pakistani exports.
He said Pakistani rice, textile, and other products had great international demand and value. Nawaz appealed to business and industrial community to make investment for increasing volume of products being manufactured in Pakistan.
The prime minister broke good news for business community that process of payment of taxes by businessmen was being simplified so that business people should not face any hardship in paying their taxes. He greeted the Ministry of Commerce and Trade Development Authority for successfully organising the Expo Pakistan.
Federal Commerce Minister Khurram Dastgir Khan said successful holding of Expo Pakistan would convey the message to global audiences that Pakistan was the most successful country in terms of trade with vibrant opportunities of investment.
The commerce minister said the government had the intention to introduce maximum number of Pakistani products in international market as it would give way to installation of new industries and opportunities of employment.Also present on the occasion were Sindh Governor Dr Ishratul Ebad Khan, Chief Minister Syed Qaim Ali Shah, Defence Minister Khawaja Asif, TDAP chief SM Muneer.
The Expo Pakistan, which would continue till March 01, is being attended by some 1,000 delegates of over 65 countries while the expo has the active participation from 17 countries including India. In six halls of Expo Centre, a total of 525 stalls have been set up for the trade fair.
Later, Prime Minister Nawaz Sharif accompanied by Sindh governor and chief minister, visited the Clifton residence of late Justice (R) Rana Bhagwandas, who passed away on February 23, and condoled with the bereaved family members. The PM on the occasion praised the services of the late former acting chief justice of Supreme Court for ensuring rule of law and provision of justice to deprived Pakistanis.
US State Department spokesperson Matthew Miller at the US State Department on October 01, 2024 in Washington, DC.—...
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