PM Shehbaz Orders Roadmap for Promotion of Trade and Investment

Prime Minister Shehbaz Sharif on Monday instructed authorities to formulate a comprehensive roadmap and reform agenda, including practical projects, to boost investment and trade across all major sectors. During a high-level meeting focused on increasing investment, economic activity, and trade in Pakistan, the premier highlighted agriculture, IT, minerals, tourism, and renewable energy as key sectors with strong potential to attract foreign investment. He emphasized that promoting trade is a core part of the government’s strategy to significantly increase the country’s exports. The Prime Minister directed all ministries to fully utilize available resources to ensure the timely completion of ongoing projects. He also called on ministers to identify feasible projects and take immediate steps to implement them. For this purpose, he stressed the importance of creating a roadmap and reform agenda with a forward-looking approach, so progress toward national goals can be achieved in an organized and efficient manner. The prime minister emphasised that the private sector will play a pivotal role in the economic roadmap and its participation will be ensured. “Our ongoing economic and financial reform policies have given a new direction to the economy, and due to the innovation and transparency, the country is now on the path of development,” he added. The meeting, held via Zoom from London, was attended by Federal Minister for Environment Musadik Malik, Federal Minister for Petroleum Ali Pervez Malik, Federal Minister for Finance Muhammad Jehanzeb, Federal Minister for Commerce Jam Kamal, Federal Minister for Information Attaullah Tarar, and Federal Minister for Economic Affairs Ahad Khan Cheema. The premier’s remarks come as he reached the UK after signing a historic mutual defence pact with Saudi Arabia. The PM is now set to lead Pakistan’s delegation at the 80th Session of the United Nations General Assembly, set to commence on Monday (today). During his time in the US, the PM, as per the Foreign Office, will participate in a meeting of select Islamic leaders with US President Trump to exchange views on issues pertaining to regional and international peace and security. Meanwhile, at the UNGA, the premier will urge the international community to resolve the situations of prolonged occupation and denial of the right to self-determination to the people in Indian Illegally Occupied Jammu and Kashmir (IIOJK) and Palestine. Apart from holding bilateral meetings on the UNGA sidelines with several world leaders, he will also attend multiple high-level events, including important meetings of the UN Security Council, a high-level meeting of the Global Development Initiative (GDI), and a Special High-Level Event on Climate Action, among others.