- Says agriculture, IT, minerals, tourism, and renewable energy are important sectors to enhance investment volume
- Emphasises promoting trade a part of govt’s policy to significantly increase exports
- Instructs all ministers to identify feasible projects and take immediate steps
- PM felicitates Saudi Arabia leadership, people on Saudi Arabian National Day
LONDON: Prime Minister Shehbaz Sharif on Monday directed authorities to develop a comprehensive roadmap and a reform agenda with practical projects to promote investment and trade in all key sectors.
Chairing a high-level meeting on enhancing investment volume and economic and trade activities in Pakistan, the premier emphasised that agriculture, IT, minerals, tourism, and renewable energy were important sectors that could attract foreign investment.
Along with investment, he said, promoting trade was also part of the government’s policy to significantly increase the country’s exports. PM Shehbaz said that targets had been given to the ministries to utilise all available resources to ensure the timely completion of all ongoing projects.
He also instructed all ministers to identify feasible projects and take immediate steps to put them into practice. For this purpose, he said a roadmap and a reform agenda should be devised with the future in mind so that progress toward our goals can be made in an organised manner.
The prime minister emphasised that the private sector will play a pivotal role in the economic roadmap, and its participation will be crucial for success.
“Our ongoing economic and financial reform policies have given a new direction to the economy, and due to the innovation and transparency, the country is now on the path of development,” he added.
The meeting, held via Zoom from London, was attended by Federal Minister for Environment Musadik Malik, Federal Minister for Petroleum Ali Pervez Malik, Federal Minister for Finance Muhammad Jehanzeb, Federal Minister for Commerce Jam Kamal, Federal Minister for Information Attaullah Tarar, and Federal Minister for Economic Affairs Ahad Khan Cheema.
The premier’s remarks come as he reached the UK after signing a historic mutual defence pact with Saudi Arabia.
The PM is now set to lead Pakistan’s delegation at the 80th Session of the United Nations General Assembly, set to commence on Monday (today). During his time in the US, the PM, as per the Foreign Office, will participate in a meeting of select Islamic leaders with US President Trump to exchange views on issues pertaining to regional and international peace and security.
PM felicitates KSA leadership, people on National Day
Prime Minister Shehbaz Sharif on behalf of the people and the government of Pakistan, has extended the warmest felicitations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud and the Saudi brothers and sisters, on the observance of the National Day of the Kingdom of Saudi Arabia.
On this joyous occasion of Saudi Arabia’s National Day, the prime minister reaffirmed Pakistan’s strong commitment to further strengthening the enduring partnership between the two brotherly nations.
In a message, he said it was a matter of immense joy and pride for him that during his recent historic visit to Riyadh, a very warm reception and heartfelt hospitality were accorded to him and his delegation.
The prime minister expressed his deepest gratitude to the Saudi brothers and sisters, adding the people of Pakistan joined him in thanking King Salman and Crown Prince Mohammed bin Salman for a visit marked by unmatched affection and memorable moments.
“The ties between Pakistan and Saudi Arabia are rooted in the religion Islam, history, brotherhood and mutual trust and these will remain strong and everlasting,” PM Office Media Wing, in a press release, quoted the prime minister as saying.
The prime minister further said that they took pride in standing alongside their Saudi brothers and sisters in the Kingdom’s remarkable journey of development which continued under the visionary leadership of Crown Prince Mohammed bin Salman.
Today, he said Saudi Arabia enjoyed a prominent place among the comity of nation that was a brilliant manifestation of foresightedness and wisdom.
“The Pakistani nation will always remember the solidarity expressed by the Saudi leadership and the people during tensions with India in May this year. We never forget the economic support extended by Saudi Arabia which provided much-needed support to our economy,” he added.
The prime minister said millions of Pakistanis considered Saudi Arabia as their second home and were actively contributing to its progress and development. These contributions by the Pakistani community in Saudi Arabia were source of strength for the bilateral friendly relations, progress and prosperity between the two brotherly nations, he added.
He also prayed for the progress and prosperity of the Kingdom of Saudi Arabia.
