Prime Minister Imran Khan said on Tuesday that the government is fully committed to extending all facilities to investors and the business community. The government was trying to change this mentality by thinking of the past in which commercial activities for profit were considered negative and where heavy taxes were applied to discourage that trend.
The prime minister was talking to a delegation of US-Pakistan Business Council led by Dr Mahmood Khan.
The delegation included representatives of the prominent US companies (Abbot, Citibank, Exxon Mobil, Facebook, General Electric, Netsol, Pepsico, Proctor and Gamble, Uber, etc.) doing business in Pakistan, Adviser on finance Dr Abdul Hafeez Sheikh, adviser on Commerce Abdul Razak Dawood, Investment Board Chairman Zubair Gilani and other senior officials were also present.
The Prime Minister welcomed the delegation and said that in the 1970s the nationalization policy had paralyzed economic progress.
He added that the government pays special attention to ensure doing business was made easy and that the relevant ministries and investment councils are working continuously to facilitate investors.
“The business community will find the government receptive and responsive,” the press release quoted the prime minister as saying.
The representatives of the US companies apprised the prime minister about their business activities, trade volume and their role in the national economy.
They expressed confidence in government policies, particularly regarding the provision of facilities for investors and the business community, the registration process for business activities and equal opportunities for doing business and also indicated further expansion in their business and investment activities in the country.
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17 November, 2019