Minister resolves to propel economy towards $1,000bn
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Islamabad: Caretaker Commerce Minister Gohar Ejaz resolved to propel Pakistan’s economy towards ambitious milestone of thousand billion dollars.
During his address at Pakistan-Africa Trade Development Conference in Cairo, Ejaz recognised notable economic challenges faced by Pakistan, Egypt and North Africa.
Ejaz said, “Islamabad is currently directing its focus on agricultural sector, with extensive acreage earmarked for corporate farming’’.
He added, ‘’Pakistan is gearing up to produce variety of agricultural commodities, including wheat, soybeans and oilseeds, thereby contributing to expansion of livestock sector.’’
Interim Minister underscored advancements in livestock industry and establishment of slaughterhouses to enhance meat imports. ‘’Actively participating in free trade agreements, Pakistan recently inked significant deal with China. Country is actively exploring foreign investment opportunities,’’ Ejaz said. He emphasised potential for Egyptian investors to export their products to Pakistan.
Ejaz envisioned collaborative effort between Pakistan and Egypt to manufacture similar products. He underscored economic strength that can be achieved by Muslim countries through collective efforts, emphasising that unified approach can generate substantial economic power.
Highlighting plethora of investment opportunities in Pakistan, Ejaz said, ‘’Egyptian investors have prospect of exporting their products to Pakistan, fostering reciprocal boost in economic growth’’.
Published in The Daily National Courier, January, 10 2024
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