ISLAMABAD, Pakistan: President Mamnoon Hussain has said that the federal government is utilizing all available resources to provide conducive business environment and promote investment.
While talking to a delegation of Sarhad Chamber of Commerce & Industry (SCCI) headed by its President Haji Muhammad Afzal Khan at Aiwan-e-Sadr in Islamabad on Friday, the president said that new avenues of business and employment opportunities will be generated with the completion of China-Pakistan Economic Corridor (CPEC) and energy projects.
The president said that the Country is moving in the right direction and due to right economic policies the International Financial Institutions have declared that the country’s economy is reviving.
President Mamnoon said that the government is undertaking various measures to resolve the issues of business community adding that the Ministry of Commerce has announced a three years Strategic Trade Policy Framework (STPF) to encourage trade and investment in the country. He said that STPF provides for 50 percent support for the purchase of imported new plant and machinery for specified underdeveloped regions especially to Khyber Pakhtunkhwa, FATA and Gilgit Baltistan.
Mamnoon Hussain noted that Trade Development Authority of Pakistan (TDAP) is organizing trade exhibitions for increasing exports and conducting visits of trade delegations to identify new markets and attract investment.
The president said that business and trade community of the Country should pay their due share of tax to promote tax culture so that with the revenue generated the government could provide maximum facilities to the general public.
The President SCCI apprised President Mamnoon Hussain about their issues.
While praising the economic policies of the government, Muhammad Afzal Khan said that SCCI is in contact with the Government to further improve the country’s economy.
The President SCCI also presented a traditional turban to President Mamnoon Hussain.
The officials of Ministry of Commerce and Federal Board of Revenue (FBR) were also present in the meeting.
