Business

American Business Council delegation calls on PM Abbasi

A delegation of American Business Council called on Prime Minister Shahid Khaqan Abbasi at Prime Minister’s Office today. Mr. Kamran Nishat, President American Business Council, briefed the Prime Minister about the Council and its contribution towards promoting businesses and investment in Pakistan.
The delegation appreciated the steps taken by the present government towards improving law & order and putting in place a business friendly environment in the country.
President American Business Council also presented some suggestions aimed at boosting confidence of the business community, reducing business input costs, addressing tax related issues for further promotion of investment friendly climate in the country. The Prime Minister while appreciating their suggestions highlighted the steps that were being taken by the Government to address the issues faced by the business community.
He said that the Government has tasked Board of Investment to coordinate with the provincial governments for improving ease of doing business in the country.
Recounting various achievements at the economic front, the Prime Minister observed that Pakistan has been able to insulate its policies from the political process. He said that continuity of economic policies not only reflected maturity but would also help restoring confidence of the business community on the economic policies of the Government.
Highlighting the upward economic growth trajectory, the Prime Minister observed that the country has a huge economic and export potential that needs to be exploited. He said that CPEC project has opened up new opportunities that needs to be utilized by the business community especially the private sector.
Later, a delegation of Pak Apparel Forum also called on the Prime Minister and briefed him about the overall contribution of the sector towards textile sector and exports of the country.
The delegation presented various suggestions for further strengthening of the apparel sector. The Prime Minister welcomed their suggestions and assured that the Government would continue making every possible effort to address their issues and to facilitate them in the growth of the apparel sector.