ISLAMABAD: Minister for Commerce Pervaiz Malik on Tuesday supplied Canadian investors to exercise the beautiful commerce and investment opportunities in Pakistan and sought larger market access for its products from Canada.
He talked about this whereas talking to Canadian Minister for Worldwide Replace, Francois-Philippe Champagne and Minister for Immigration Ahmed Hussen right here, says a assertion received right here at present time from Ottawa, Canada.
The Minister educated the Canadian counterpart that under World Replace Organization (WTO), Pakistan is shopping for level taking half in discipline for export of its items to Canadian market and components delight in, mosey back and forth advisory for mosey to to Pakistan and visa restrictions for Pakistani businessmen are hampering bilateral commerce.
He advised for rapid elimination of these irritants in inform to make stronger bilateral commerce volume. The Minister added that Pakistan’s Investment Coverage, characterized by liberalization, de-legislation and privatization, is one in all basically the most liberal in the inform and provides a conducive ambiance for attracting FDI.
He highlighted manifold develop in International Instruct Investment (FDI) in energy and infrastructure projects under CPEC and world investments in automobile, telecom, manufacturing and tourism commerce in Pakistan.
Minister Malik underlined that Pakistan meets the precedence of Canada’s international commerce in person products, industrial machinery, ICTG, infrastructure, mining, oil and fuel, stunning technologies, agriculture and training sectors.
He talked about that with, over 200 million person market and gargantuan booming heart class, Pakistan is a promising market for Canadian items, products and services and investment.
In his remarks Champagne expressed his gratitude to the Commerce Minister for accepting the invitation to settle commerce dialogue in Ottawa.
He talked about that Canada would ranking to develop the commerce volume between the 2 international locations and all functional steps would be taken to make stronger cooperation in the areas of mutual passion.
The Minister added that Canada also seeks to make stronger household with emerging economies and companions in Asia and Pakistan no doubt offers opportunity for Canadian investors to earnings from growing ask of person items and products and services.
The Canadian Minister for Immigration briefed the Commerce Minister in regards to the steps being taken to ease visa processing for Pakistani businessmen, college students and tourists.
He talked about that Pakistan has gargantuan capability and Canada would ranking to ease and facilitate visa processing for all categories in inform to develop folk to folk ties.
The two facets agreed to settle high powered joint working community assembly in Islamabad exact thru March 2018 to ranking away the hurdles in bettering bilateral commerce and to comprehend meaningfully to fabricate partnership in financial, commerce, agriculture and investment sectors.