Published On: Tue, Jan 7th, 2014
Published in Category: Business / Government

Revival of economy top priority of govt: President (detailed)

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ISLAMABAD: President Mamnoon Hussain has emphasized the critical role of the business community and entrepreneurs in the ongoing economic turnaround of the country. Talking to a delegation of Federation of Pakistan Chamber of Commerce and Industries led by its President Zubair Ahmed Malik here on Monday‚ he urged business community to step up efforts to fully exploit the Geo-strategic location of the country and the trade concessions‚ Pakistan has recently achieved through GSP plus status.

The President said that duty free access of Pakistani goods and products to the European markets besides boosting Pakistan’s exports’ sector would help create tremendous economic activities and generating employment opportunities in the country.

He said that entrepreneurs and business community are invaluable asset of the country and any meaningful economic development is not possible without their enterprise‚ cooperation and active participation in the formulation of economic policies.

President said that due to the corrective measures and policies of the government‚ economic indicators are showing positive signs and the confidence of both domestic and foreign investors to invest in Pakistan is also being restored.

He also congratulated the newly elected office bearers of the FPCCI and expressed confidence that the new cabinet besides working for the welfare and promotion of the business community‚ would also continue to contribute in meaningful way to the country’s economic progress and prosperity.