AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, Federal Minister for Privatization, Board of Investment and Communications, Abdul Aleem Khan, emphasized the critical need for increasing Pakistan’s exports to boost foreign reserves and stabilize the national economy. He called on the private sector to seize new opportunities across various industries.
According to Press Information Department, the statement was made during a crucial meeting with the business community and investors at the Governor House in Karachi. The meeting focused particularly on leveraging the recent Pak-Saudi investment and export agreements to spur economic growth. Minister Khan highlighted the importance of enhancing operational capacity in the export sector to generate more employment through increased investment.
The Federal Minister encouraged the private sector to explore investment opportunities both domestically and internationally, promising government support for such initiatives. He also welcomed a high-level delegation from the Kingdom of Saudi Arabia, expressing optimism that this would lead to increased bilateral trade and provide substantial opportunities for the private sector.
Federal Secretary Commerce Saleh Farooqui briefed attendees on the current export situation, noting significant potential for growth in agriculture, textiles, IT, pharmaceuticals, mobile technology, sports equipment, minerals, and other sectors. The meeting was well-attended by prominent business figures and investors, who expressed unanimous support for the government’s directives and committed to cooperating with the Saudi delegation to maximize Pakistan’s export potential.