[ad_1]
| Shehbaz Sharif urges Saudis to spend money on Pakistan’s varied sectors | Asks world neighborhood to assist refugee-hosting growing international locations
ISLAMABAD – Prime Minister Shehbaz Sharif Monday urged Saudi buyers to come back ahead and spend money on the totally different sectors of Pakistan.
Speaking to a delegation of Saudi businessmen and buyers right here, the premier stated that Pakistan has large potential for funding in various fields, together with agriculture and minerals. He stated Saudi Arabia and Pakistan get pleasure from glorious brotherly relations and each the international locations ought to remodel their mutual cooperation into financial partnership.
The prime minister stated Saudi Arabia all the time prolonged help to Pakistan on financial and diplomatic fronts. Shehbaz Sharif additionally reaffirmed Pakistan’s want to reinforce bilateral cooperation with Saudi Arabia in several sectors together with commerce and funding.
The assembly was briefed that Pakistan is an rising nation when it comes to funding potential with many amenities for enterprise and making secure funding. There are ample alternatives for commerce and funding in tourism, minerals, textiles, leather-based and different sectors.
The assembly was additional advised that funding will be made within the oil refinery trade in Gwadar, the place Saudi buyers additionally proven eager curiosity. It was agreed on the assembly that Pakistan and Saudi Arabia will speed up progress in commerce and funding and on this regard the Pakistan-Saudi Arabia Joint Working Group would even be activated.
A high-level delegation of Saudi enterprise buyers lead by Mr Fahd bin Mohammed Al-Bash, Chairman of the Saudi-Pakistani Enterprise Council and Nawaf Bin Saeed Maliki, Ambassador of Royal Embassy of Saudi Arabia to Pakistan attended the enterprise convention held at PM Workplace Islamabad. The federal minister and chairman Board of funding Chaudhary Salik Hussain together with secretary Board of funding thanked this esteemed excessive stage VVIP enterprise delegation for visiting Pakistan.
The Minister stated that this enterprise meet-up, and following conferences in Lahore, Sialkot, Faisalabad & Karachi, will present a dynamic platform for furthering Pak-Saudi Enterprise to Enterprise and Authorities to Enterprise linkages apart from providing us the chance to work together and discover new vistas of mutual cooperation together with commerce & funding alternatives.
The minister highlighted that the Saudi Pakistan Enterprise Council, is taking part in an important and constructive position in offering conducive platform to advertise enterprise to enterprise (B2B) interactions between the Pakistani and Saudi enterprise communities. This go to will certainly pave solution to kind formidable financial alliances and facilitate Pakistan-Saudi enterprise progress. The Minister and Secretary BOI acknowledged that Crown Prince Mohammad Bin Salam projected his Imaginative and prescient-2030 geared toward diversification of Saudi financial system away from the standard oil-based method. On this context, Pakistan is eager to hitch arms with the Kingdom and cut back its extreme reliance on imported oil plan for a sustainable financial future.
The go to of this high-level enterprise delegation is step one in direction of this path. Addressing the individuals the minister stated that there are ample alternatives for Saudi buyers in multiples sectors of Pakistan’s financial system, especial tourism, coal & gasoline exploration, agriculture, meals processing, mining, renewable vitality, refinery, petrochemicals and knowledge expertise sectors, to take a position with 100% fairness or by means of joint ventures in varied fields. Repatriation of funding and revenue are allowed with authorized safety provisioned underneath the Acts of Parliament to guard international funding.
In the meantime, the delegation of Saudi Arabia visited Pakistan led by Fahad Bin Mohammed Al-Bash, Chairman, Saudi-Pak Enterprise Council and held B2B conferences with the members of Islamabad Chamber of Commerce & Trade (ICCI) in a neighborhood resort to discover enterprise collaborations in areas of curiosity. The delegation was representing varied sectors together with edible oil & fat, meals processing, buying and selling, constructing supplies, tourism & hospitality, manufacturing, medical instruments & tools, Fintech, prescription drugs and infrastructure companies. The delegation would additionally go to Lahore and Karachi.
Talking on the event, Fahad Bin Mohammed Al-Bash, Chairman, Saudi-Pak Enterprise Council stated that the Saudi buyers have been eager to leverage enterprise and funding alternatives in Pakistan. He harassed that the high-level government-to-government relations between the 2 international locations ought to be matched with robust commerce relations to realize higher outcomes. He urged that the personal sectors of each international locations ought to faucet enterprise alternatives in one another’s nation with the intention to complement their economies. He stated that 20 p.c of the workforce in Saudi Arabia was from Pakistan and his nation needed to import extra skilled staff from Pakistan. He stated that many sectors of the Saudi financial system together with chemical trade, actual property and tourism supplied good alternatives to Pakistani buyers. He stated that they’ve seen a number of enterprise alternatives in Pakistan and have been working with the embassies of each international locations to leverage them as much as most stage. He stated that exhibitions of Saudi merchandise in Pakistan and Pakistani merchandise in Saudi Arabia could be organized to introduce the export potential of each international locations. He hoped that the go to of the Saudi commerce delegation to Pakistan would assist in additional selling bilateral commerce between the 2 international locations.
Addressing the delegation, Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Trade stated that Pakistan affords nice alternatives of JVs and funding in varied sectors of its financial system together with mines & minerals, oil & gasoline, housing & development, infrastructure improvement, renewable vitality, info expertise, meals processing, edible oil, logistics, sports activities, tourism & hospitality. He harassed that Saudi buyers ought to capitalize on them to earn profitable returns. He stated that the Saudi delegation must also discover textile, agriculture, development supplies, medical tools, prescription drugs, fruits & greens, dry fruits, client items, agro-processing applied sciences, equipment & tools and different sectors for enterprise alternatives. He harassed that it was the appropriate time for Saudi buyers to concentrate on Pakistan for JVs and funding.
Khalid Iqbal Malik, Chairman Founder Group briefed the Saudi delegation members concerning the funding alternatives in CPEC and harassed that they need to exploit them for enterprise improvement. He stated that Saudi Arabia had agreed in precept to determine a multi-billion-dollar refinery complicated in Gwadar that ought to be remodeled right into a actuality.
PM urges world neighborhood to assist refugee-hosting growing international locations
Prime Minister Muhammad Shehbaz Sharif has known as for renewed coverage focus and association of assets to handle the struggling of refugees internationally.
In a tweet on World Refugees Day, on Monday, he termed refugees as “the worst victims of wars and conflicts” apart from poverty and financial inequality.
The Prime Minister known as for international efforts to assist the growing international locations which proceed to host massive variety of refugees.
He urged the worldwide neighborhood to assist growing international locations who proceed to host a lot of refugees.
In the meantime, UN Refugees Company has appreciated Pakistan for its generosity in internet hosting refugees for greater than forty years.
Quoting Prime Minister Shehbaz Sharif’s tweet on World Refugee Day on Monday, UNHCR acknowledged and thanked Pakistan for its companies in internet hosting refugees.
Our non-Muslim residents are half & parcel of our nationwide cloth. I’ve permitted the institution of a job power on the rights of minorities. This physique will oversee the implementation of measures concerning the rights of minorities & current quarterly report back to me.
MNAs name on PM
Amir Haider Khan Hoti, chief of Awami Nationwide Occasion (ANP) and Member of the Nationwide Meeting, Monday known as on Prime Minister Shehbaz Sharif.
Throughout the assembly, they mentioned the present political scenario and the problem of the related constituency, PM Workplace Media Wing stated in a press launch.
Individually, members of the Nationwide Meeting Chauhdary Faqir Ahmad, Ayesha Rajab Ali, Shagufta Jumani, Sohail Khan and former senator Agha Shahzeb Durrani additionally known as on the prime minister.
[ad_2]
Source link
