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Pakistan-Belarus Investment Forum was held to promote trade activities between the two countries on the occasion of the visit of Belarusian President to Pakistan. The event was attended by a significant number of private sector businessmen representing agriculture, dairy, tractor, pharma, textile, fertiliser, automotive, machinery, footwear and chemicals sectors, here on Wednesday. The President of Belarus Alexander Lukashenko and Prime Minister Nawaz Sharif graced the occasion.
The Belarus delegation was led by Vladimir Semashko, Deputy Prime Minister of the Republic of Belarus along with 54 businessmen representing major Belarusian companies in the sectors of machine-building industry, automotive components, chemical industry, petrochemicals and footwear etc. During the forum a B2B meetings were arranged which provided a win-win opportunity to Pakistani and Belarusian enterprises and organisations to establish business contacts and explore the possibilities of joint ventures, promote investment & trade activities in Pakistan.
The Chairman BOI, Dr Miftah Ismail while inaugurating the event, reiterated the friendly relations between the two countries due to farsighted vision and a penchant for diplomacy of our two leaders President Lukashenko and Prime Minister Nawaz Sharif. He said that Pakistan is blessed with enviable natural and human resource of 200 million people with 100 million of middle class making Pakistan fifth largest in the world. He said that since the Prime Minister has taken over the stewardship of our nation, our economy has been going on the right path and making progress. From interest rates to budget deficits, and from inflation rates to per capita GDP almost every single economic indicator is moving in the right direction and these efforts are now being recognised both domestically and internationally.
Prime Minister Nawaz Sharif during his address informed the forum that Pakistan has faced many challenges in the past that brought us almost to the brink of an economic melt down but over the last three years we managed to welcome these challenges and got back on the path of growth and economic progress. He highlighted China Pakistan Economic Corridor (CPEC) projects of $46 billion and TAPI gas pipeline projects. These projects will provide business opportunities in Pakistan. The President of Belarus Alexander Lukashenko thanked the Prime Minister for warm reception to him and his delegation by the government of Pakistan.-PR

Copyright Business Recorder, 2016

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