Sialkot Chamber of Commerce and Industry (SCCI) President, Dr Nouman Idris Butt said that a recent survey conducted by an International agency on business-friendly countries had ranked Pakistan 6th among 180 countries, included in the survey.
This was a clear proof that doing business in Pakistan had become easy and business could be executed without irritants, Dr Nouman said.
Talking to acting High Commissioner of Republic of South Africa to Pakistan MM Measatywa and reporters here on Saturday evening, he said that the government had taken tangible steps to encourage private sector and ensuring its minimum involvement in business.
The government was pursuing policies of fiscal and capital market reforms, deregulation and privatisation, liberal investment regime and improved good governance, he said.
The SCCI President said that the consistency and continuity of economic policies and high corporate profitability was turning Pakistan into a destination of choice for the investors from Middle East, Asean, Europe, Africa and North America.
Dr Nouman Butt further informed that there was a network of export processing zones and industrial estates and import of raw material for export manufacturing was zero-rated. He said it was high time that foreign investors, including South Africa would gain benefits from the exceptionally favourable investment policy of the Pakistan government.
The SCCI president also discussed the issue pertaining to visa with the High Commissioner.