Mamnoon assures SCCI traders of resolving their issues

ISLAMABAD: President Mamnoon Hussain on Friday said that new avenues of business and employment opportunities will be generated with the completion of the China-Pakistan Economic Corridor (CPEC) and energy projects. He said the government is utilising all available resources to provide conducive business environment and promote investment.

Talking to a delegation of Sarhad Chamber of Commerce & Industry (SCCI) headed by its President Haji Muhammad Afzal Khan, who called on him at the Aiwan-e-Sadr, the president said the country is moving in the right direction and due to right economic policies, the International Financial Institutions have declared that the country’s economy is reviving. He said the government is undertaking various measures to resolve the issues of business community adding that the Ministry of Commerce has announced a three years Strategic Trade Policy Framework (STPF) to encourage trade and investment in the country. 

He added that the STPF provides 50% support for the purchase of imported new plant and machinery for specified underdeveloped regions, especially to KP, Fata and Gilgit Baltistan. 

He noted that Trade Development Authority of Pakistan (TDAP) is organising trade exhibitions for increasing exports and conducting visits of trade delegations to identify new markets and attract investment. He said that business and trade community of the country should pay their due share of tax to promote tax culture so that with the revenue generated the government could provide maximum facilities to the general public.

The SCCI president apprised President Mamnoon Hussain about their issues. Praising the economic policies of the government he said that SCCI is in contact with the government to further improve the country’s economy. On the occasion, the SCCI president presented a traditional turban to President Mamnoon Hussain.

Later, the president said that Pakistan greatly values its relations with Myanmar. Talking to outgoing ambassador of Myanmar Win Naing who called on him at the Aiwan-e-Sadr, the president said that Myanmar’s transition to a democratic set up is a welcome development. He said Pakistan believes that peace and harmony is imperative to reap the fruits of democracy and its effects should reach the people.  He said Pakistan supports the efforts of Myanmar to strengthen democracy in the country.