Spanish traders keen to invest in power and IT sectors

11 Apr, 2006

Minister of State for Environment Malik Amin Aslam has said that Prime Minister Shaukat Aziz during his visit has convinced the Spanish businessmen about the potential business advantages in Pakistan and they were found very keen to invest in the country.
Amin Aslam who accompanied the Prime Minister during his visit was talking to PTV late Sunday night. He said there had been certain misunderstandings among the businessman in Spain about Pakistan, which the Prime Minister Shaukat Aziz has effectively removed.
During their interaction with the PM, some of the Spanish traders committed to turn Pakistan within a month to invest in power generation, Information Technology and many other areas, he said.
He said the PM effectively highlighted Pakistan's economic achievements and the flow of foreign investment in the country adding an advanced level of interest was witnessed among the Spanish businessmen.
Pakistan was moving ahead on way to economic progress from zero position and the world leadership and international organisations consider Prime Minister Shaukat Aziz an architect of this journey, the minister said.
He said Pakistan's experiences are now being discussed internationally by the experts and think tanks.
Pakistan's withdrawal from the regime of International Monetary Fund has surprised many in the world, the minister said.
To a question, he said the environment has emerged as a global issue in contemporary world, which requires a global management.
He said a number of treaties and agreements were evolved during the decade of 90s, which should duly be implemented to achieve the targets.
The United Nations is concentrating in these areas and the topic is included in the reform agenda of the World Body, he said.
Pakistan on its part is committed to abide by the international conventions in this regard and to cooperate the world community in reformatory efforts, he added.

Read Comments