President Mamnoon Hussain, while highlighting the role of the business community in national development, said the government was making efforts to bolster economic prospects, trade and exports through various concerted initiatives.
The president expressed these views in a meeting on Wednesday with members of the Bahawalpur Chamber of Commerce and Industry (BCCI), led by State Minister for Education and Professional Training Muhammad Balighur Rehman.
Hussain appreciated the contributions of the business sector in creating opportunities for the betterment of people and towards attaining goals of economic stability. The president expressed confidence that the grant of the GSP-Plus status by the European Union (EU) would considerably enhance the country’s exports.
He called upon traders, manufacturers, exporters and entrepreneurs to take full advantage of the facility extended by EU in enhancing duty-free exports.
Hussain stated that the government was taking all possible steps in order to improve the security situation and power supply, which were vital for economic and social development of the country.
He remarked that besides the role of Foreign Direct Investments (FDI) in augmenting economic growth of the country, the real turnaround in the economy actually came from enhanced and integrated domestic investments.
The president appreciated the role of BCCI in promoting trade related activities in the Bahawalpur District. He also reiterated the resolve for providing an enabling environment for the businesses to flourish.
Published in The Express Tribune, September 25th, 2014.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ