Govt to resolve textile industry's problems: Amin |
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Saturday, 13 Mar, 2010 10:53 pm |
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LAHORE : Federal Commerce Minister Makhdoom Amin Fahim Saturday said the government was committed to resolve all problems being faced by the textile industry.
Talking to media at Lahore Expo Centre, he said the power crisis was a major issue not only for the textile industry but also for all sectors of national economy.
Fahim said the Lahore Expo Centre was a project worth Rs 3.5 billion which would be made operational within next couple of months.
He said Pakistan was a frontline state in the war against terrorism and demanded of the international community including America, European Union and Middle East to give access to the free of tax markets for Pakistani products.
"We are contacting to all the major economic powers for getting international support to strengthen our economy and hopefully our efforts would soon be fruitful," he observed.
He said that USA and EU promised to support Pakistani industry by giving access to the free markets and other sectors.
Fahim said that the terrorism and bomb blasts were the major hurdles for getting the foreign investment. Even the insurance companies were not ready to provide cover to the investors.
"We offered the foreigners to provide insurance cover for their travelling and investments," he added.
To a question, he said provision of "Roti, Kapra aur Makan" (bread, clothes and house) to the masses were the priority of PPP government and it would be ensured by improving the economy in next three years.
Copyright APP (Associated Press of Pakistan), 2010
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