FDI: EU delegates meet with PBC

Meeting's agenda included creating favourable conditions for promoting FDI and greater market for Pakistani exports.

ISLAMABAD: Ambassadors of the member countries of the European Union (EU) based in Islamabad held a meeting with a delegation of the Pakistan Business Council (PBC) on Monday in Islamabad.

The agenda for the meeting included the creation of favourable conditions in the Pakistan for promoting Foreign Direct Investment (FDI) as well as greater market access to the EU markets for Pakistani exports.

British High Commissioner to Pakistan, Mr Adam Thomson spoke warmly about the relations which the EU member countries enjoy with Pakistan.

Speaking on the occasion the Chairman of the PBC, Mr Sikander Mustafa Khan stated that despite all the difficulties that Pakistan was passing through, the country was still a safe destination for FDI and offering returns comparable if not better than those available in other emerging markets.

On the issue of the Generalized System Preference Plus market access to the EU, Mr Khan hoped that Pakistan’s application for grant of greater market access would be looked upon favourably by the EU.

Published in The Express Tribune, March 19^th, 2013.

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