International community is acknowledging that Pakistan is a great country with bright future on the other hand picture being portrayed by some elements carries no weight.
LCCI Senior Vice President Ali Hussam Asghar said this while talking to the Director Centro for International Studies Gabriele Lacovino and Senior Analyst Fancesca Manenti at the Lahore Chamber of Commerce & Industry. He said that it is a great country with immense economic potential and Pakistani nation is peace loving. He said that Pakistan is ready to accommodate multinational companies and international investors while promising unmatched business facilitations to them.
The Lahore Chamber of Commerce & Industry Senior Vice President said that Pakistan has jumped up 28 places on the World Bank’s Ease of Doing Business Index to reach 108th place and secured a place among the top 10 countries with the most improved business climate. It is an ample proof that Pakistan is on the right track. Lahore Chamber aims to bring EODB rating of Pakistan in top 50 countries in coming few years.
He said that Italy had been very supportive to Pakistan within the EU with special reference to trade-related issues. Italy is Pakistan’s third biggest market in Europe and bilateral trade is likely to touch new heights in near future.
He said Pakistan attaches the highest importance to its relations with Italy in various fields. The Italian investors can invest in agro-based industries, construction, mining, textiles and tourism sectors, where Pakistan could contribute and find complimentary areas in design and fashion. Other sectors included IT and telecommunication.
Mr. Ali added said that Italian businessmen can take advantage from the investment-friendly climate of Pakistan that offered best return on the foreign investment with economic policies providing for legal protection to foreign investment.
