Skip to main content

Govt introduced economic reforms to promote investment: Abdul Razak Dawood

economic reforms, investment, Abdul Razak Dawood

ISLAMABAD: Advisor to Prime Minister on Commerce, Textile, and Industry Abdul Razak Dawood on Monday said different economic reforms had been introduced to promote investment, ARY News reported.

“The current government is creating ease of doing business and will take more steps for this,” Abdul Razak Dawood said during a meeting with Chinese Ambassador to Pakistan Yao Jing. They both discussed promotion of trade and investment.

Yao Jing said Chinese private textile company Challenge Apparels Limited had arrived in Pakistan four years ago. He said the textile wanted unusual increase in current investment.

“The increase in business will create thousands of employments in the country,” he said.

On April 28, Abdul Razak Dawood had said 11 agreements had been signed with China in the sectors of Information Technology, agriculture, railways and chemicals.

Read more: 11 agreements signed with China in different sectors: Abdul Razak Dawood

He had said an agreement was also made on film and TV between Pakistan and China.

“Many investors are ready to come to Pakistan,” Abdul Razak Dawood had said while talking to media after the Free Trade Agreement with China. He had said an agreement had been signed on Pak-China Free Trade Agreement (FTA).

The PM’s advisor had said around 400 investors had come to attend the Belt and Road Forum. “I was surprised to see so many investors in the forum.”

The post Govt introduced economic reforms to promote investment: Abdul Razak Dawood appeared first on ARYNEWS.



from ARYNEWS http://bit.ly/2GOiWgu

Comments

Popular posts from this blog

Today’s outlook: Sindh CM discusses reopening markets with PM Khan

Here are some of the stories we are expecting to follow today (Thursday): Sindh Chief Minister Murad Ali Shah will take Prime Minister Imran Khan into confidence over reopening shops and markets across the province. The reopened markets will have to follow SOPs. Sindh Transport Minister Awais Qadir Shah will discuss SOPs with transporters for resuming public transport in the coming days. The meeting will be held at the Sindh Assembly building at 1:30pm. The Oil and Gas Regulatory Authority has proposed a price cut of Rs20.68 per litre for petrol in its summary. Imam-e-Kaaba Sheikh Abdul Rahman Al-Sudais has said Masjid Al Haram and Masjid Al Nabawi will be reopened for worshipers soon. He said the Kaaba is being sterilised using latest technologies. Punjab Chief Minister Usman Buzdar will head various meetings during his visit to Bahawalpur. As of Thursday, Pakistan has reported more than 15,500 confirmed coronavirus cases. ICYMI: An amendment to the National Accountability Or...

Today’s outlook: Federal Cabinet discusses COVID-19, Islamabad eases lockdown

Here are some of the news stories we are expecting to follow today (Tuesday): Prime Minister Imran Khan will chair a meeting of the Federal Cabinet in Islamabad to discuss the current situation in the country because of the novel coronavirus. The Cabinet will approve decisions made in the last Economic Coordination Committee meeting along with a relief package for journalists. The Islamabad High Court will hear a case pertaining to giving relief to textile mills in paying their electricity bills. The court had asked the mill owners to ensure a guarantee that they’ll not lay off any daily wage worker. The Sindh government has resumed operations of 153 more factories. They have directed them to follow all SOPs. The Islamabad administration has eased the lockdown. Hiking trails and parks across the federal capital have been reopened for the public. Sindh Governor Imran Ismail has tested positive for the novel coronavirus. He is the second politician from Sindh, after Education Minis...

Rouhani calls Imran, discusses resumption of trade

ISLAMABAD: Pakistan and Iran on Wednesday discussed full resumption of bilateral trade, which was halted last month because of the Covid-19 pandemic. “The two sides stressed the need to reactivate borders and border markets and strengthen trade ties by following health guidelines,” a statement issued by the Iranian presidency on the telephonic conversation between Prime Minister Imran Khan and President Dr Hassan Rouhani said. President Rouhani had called the prime minister for Ramazan greetings. Border trade between the two countries was suspended after a meeting of the National Security Committee (NSC), held on March 13, decided to close all borders because of the pandemic. Islamabad partially relaxed the restrictions on April 21, allowing the import of certain food items and provision of petrol and diesel to the border areas. Cargo traffic from Iran was allowed for three days every week. Cargo movement between the two countries takes place through five border crossings — Taftan...