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Pakistan

Businessmen hail PM's economic policies

Published December 15, 2016 Updated December 15, 2016 01:36pm

imageISLAMABAD: The country's leading businessmen and exporters Thursday lauded the business-friendly policies of Prime Minister Muhammad Nawaz Sharif saying the country had gained significant economic stability in three years.

The businessmen representing several organizations including Federation of Pakistan Chambers of Commerce and Industry (FPCCI), and SAARC Chamber of Commerce and Industry expressed satisfaction over the economic growth rate, during interviews with APP held here at FPCCI's 40th Award Ceremony.

Chairman Standing Committee Export of Manpower and Overseas Pakistanis (FPCCI) Ishtiaq Qureshi said Pakistan's economy and law and order had significantly improved in last three years since Prime Minister Nawaz Sharif assumed office in 2013.

He said the government's step of ending power loadshedding for industries was welcoming and would contribute to enhancement of trade activities in the country.

Vice President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik said industrialists were supporting the prime minister for his business-friendly policies and considered him a "ray of hope for strong economy".

He proposed setting up the country's export houses abroad and also stressed strong public-private partnership.

Dr Mirza Ikhtiar Baig mentioned increase in the country's exports by 6 percent in one year and said it was reflective of the confidence of international business community on Pakistan's economic policies.

He hoped that growth of exports would help encourage economic activity.

Honorary Consul General of Morocco and exporter Ishtiaq Baig said being a businessmen hailing from Karachi, he was satisfied with the improved law and order.

He said China Pakistan Economic Corridor (CPEC) and Gwadar port would bring an unprecedented economic activity in the country.

Ruqaiya Hemani of Hemani Herbal Products, also the winner of Best Lady Exporter award at the 40th the FPCCI awards ceremony said the present government was a source of encouragement for businessmen and traders to pursue their activities in a business-friendly environment.

President Handicraft Association of Pakistan Khurshid Barlas also lauded the government for supporting traders in their business initiatives.

Chairman Pakistan Ready-made Garments Association Ijaz Khokhar said the government should particularly focus on textile industry to benefit maximum from the GSP Plus and stressed the need for developing strong liaison with stakeholders.

Copyright APP (Associated Press of Pakistan), 2016

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