Minster for Investment Abdul Aleem Khan praised the Footwear Association exhibition noting the high international standards of the products and their growing export presence and acknowledged the improved ties with international brands and the increasing involvement of Chinese companies in joint ventures with Pakistani firms.
In response to the Prime Minister's request, the exhibition will move to China a month earlier this year.
Abdul Aleem Khan highlighted the exhibition's success and commended the Prime Minister and Minister of Commerce for their support.
The Prime Minister has also called for a fivefold increase in trade officers, raising their number to around 20.
Kamal emphasized that the government's role is to facilitate business, not run it.
He urged Pakistani businessmen to seize the opportunities presented by the shift of companies from China due to rising costs.
He assured that the FBR would assist with taxation, banking, and other issues, and would advocate on behalf of the business community.
“The privatization process for PIA is advancing, with October 1 set as a key date,” Abdul Aleem Khan said.
“Six Pakistani companies, along with international partners from the UAE, Malaysia, and Turkey, are involved in this process and a suitable company will take over PIA,” Aleem Khan said.
He noted the significant financial losses due to PIA and the government's commitment to resolving these issues by privatizing institutions to improve economic efficiency.
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