WASHINGTON: Prime Minister Nawaz Sharif has urged the United States (US) for the withdrawal of travel advisories on Pakistan and granting access to Pakistani products to its markets, ARY News reported.
In his address with the US-Pakistan Business Council in Washington, he highlighted how Pakistan has emerged as an attractive and thriving market for business and investment opportunities, since the last time he had spoken to very chamber in 2013.
“Pakistan has greatly improved its internal security situation, as well as achieved effective governance and public service delivery, resulting in robust economic indicators, in a short span of time,” Sharif said.
“We are confident that the improved security situation in Pakistan would lead to withdrawal of travel advisories on Pakistan.”
Pakistan has one of the most attractive investment regimes in the world, allowing foreign investors 100% repatriation of profits and easy convertibility into foreign exchange, he noted.
“Numerous investment opportunities are available in the energy, consumer goods, food & agriculture, housing, health care, education; finance Services, capital markets, information technology, oil & gas and infrastructure sectors of Pakistan.”
“No region has lagged as far behind in the world today as South Asia. To lift our people out of poverty, we must first of all establish peace in the region,” said the Pakistan PM. “We, therefore, seek good relations with all its neighbors.”
I firmly believe that shared prosperity is real prosperity. We cannot maintain peace within, unless there is peace without, he said. This is what under-pins my approach to a peaceful and friendly neighborhood.
Sharif said the US remains one of the most important economic and trading partners of Pakistan, adding that major US companies have invested billions of dollars in Pakistan and the US also remains a major destination for Pakistani exports.