Punjab Governor committed to promote economic development of Pakistan

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Inaugurates Pakistan’s 1st ‘Engineering and Healthcare Show’

Governor Punjab Chaudhry Mohammad Sarwar on Friday inaugurated the “Engineering and Health Care Show” organized by Trade Development Authority of Pakistan (TDAP) at Expo Center Lahore. Federal Secretary Commerce and delegations from different countries were also present on the occasion. Governor Punjab also visited various stalls where he was briefed on various products.

In his address to the media on the occasion, Governor Punjab said that we welcome the delegations from all over the world who have come to participate in this show and assure them that in addition to providing facilities under One Window operation, security and other measures will also be ensured.

He said that the initiative of organising the first ever Engineering and HealthCare Show in Pakistan is welcoming ,adding that It will be pivotal in earning valuable foreign exchange for the country by improving the textile sector. He said that the business community should play its role in this regard and the government will also fully support them.

Chaudhry Sarwar said that wherever he goes around the world, his mission is to promote the economic development of Pakistan. He said that he had very successful meetings regarding investment and extension of GSP Plus Status during his visit to the European countries a few months ago.

He said that during his visit to Uzbekistan, MoU was signed regarding investment in Punjab. He expressed hope that the efforts made for the extension of GSP Plus status will also be successful.

He said that due to the GSP Plus status, Pakistan has got the profit of 20 billion dollars in trade so far, and there has been a substantial increase in Pakistan’s exports to the European markets.

Governor Punjab said that he is happy that Pakistan’s exports have increased even during COVID-19. He said that objective of Textile Policy is provide congenial environment as per international standards to the business community, so that they may be able to compete with other countries in the world in this sector in the global market.

Chaudhry Sarwar said that Pakistan’s development in the economic sector is also being recognized by the international economic institutions, adding that the development in the textile sector is expeditious due to the policies of our government.

He said that the exports have reached a record high of 17.67 billion in the fiscal year and the textile sector will further grow by 26 percent in current year, he added.

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