Executive Chairman World Economic Forum (WEF), Klaus Schwab has said that he is deeply impressed by recent developments in Pakistan's economy. Speaking during his meeting with Prime Minister Shahid Khaqan Abbasi here on Thursday, Klaus Schwab said that the recent transformation in Pakistan has given indication that the political stability is well anchored in the system that has boosted the confidence of the international business community.
Prime Minister Shahid Khaqan Abbasi said that China Pakistan Economic Corridor (CPEC) is a leading investment vehicle. Besides, we are also looking at other additional sources of investment from the West, he stated. Schwab invited the Prime Minister to WEF and said that he would like to place Pakistan's success story at the Forum. Pakistan's relations with the West are decades old and valued immensely, Mr. Schwab said. He emphasised on engagement in the fields health, Information Technology and Cyber security in which Pakistan was making initial headway.
Prime Minister Shahid Khaqan Abbasi agreed that there is much scope for cooperation in these fields. He said the government is not only focusing on the public sector but also the private sector which is the main engine of growth to participate in the development. It was agreed to continue to engage and cooperate.
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