LAHORE - The economic condition of Pakistan will improve after getting GSP Plus status from European countries and Canada will play its role for the purpose.
These views were expressed by Canadian High Commissioner Greg Giokas while talking to Nawa-i-Waqt Group Managing Director Dr Majid Nizami and Deputy Managing Director Rameeza Majid Nizami n Thursday.
The Canadian envoy said his government wants peace in this region. He suggested that Pakistan should cement bilateral and trade ties with neighbouring countries.
“Canada wanted to boost trade ties with Pakistan,” he said, adding that measures have been adopted for wooing foreign investments and the Pakistan government should play its positive role in enticing Canadian investors.
He added: “After the announcements of different incentives, especially in taxes and duties, Canadian potential investors could invest heavily in different sectors of Pakistan.”
However, he stressed the need for drafting over the matter.
Quoting the example of Riko Diq project, the Commissioner revealed that Canadian investors already have immense apprehensions as they bore colossal losses in the project.
Had Pakistani government legislated in this regard before the deal inked, there would have not been any complications, he added.
Greg Giokas said that it was the need of the hour to take step for the exchange of trade delegations between two countries so investors of both nations could make investments in different sectors after understanding the circumstances of each other countries. About drone strike, he said that it is bilateral between Pakistan and America.
Separately, the envoy met acting Punjab Governor Rana Muhammad Iqbal and discussed matters relating to enhancing trade relations between the two countries and said that Canada was proud of its relations with Pakistan. Emphasising the importance of developing Pakistan's economy, the Canadian High Commissioner urged opening up trade relations with India and the rest of the world nations.
“There are approximately 300,000 Canadians of Pakistani origin who contribute to the economy and enrich the multicultural fabric of Canada”, he told the governor. The Canadian High Commissioner appreciated the hospitality of the Lahorites describing them one of the liveliest, friendly and open hearted people.
Speaking on the occasion, Acting Governor Rana Muhammad Iqbal said that Pakistan-Canada relations were based on strong foundation of friendship and mutual interests. He said that Canada has been an important partner in Pakistan’s developments since 1947.
“The two countries are partners in the common endeavor to promote global and regional peace and stability. They have also vital resources, technological ability, the infrastructural and the manpower to give greater substance to the relationship”, the Acting governor said while emphasizing the importance of extending economic relations between Pakistan and Canada.
Rana also appreciated Canadian assistance for flood affected areas and contribution towards the rehabilitation and reconstruction phase. “Canada is our important trading partner and we appreciate the Canadian companies which are working in Pakistan and hope that export development Canada will continue its long term cover to these companies”, he concluded.
No comments:
Post a Comment