ISLAMABAD: The government is determined to provide conducive business environment to investors and has introduced business friendly policies for the promotion of trade and investment in the country, said Minister for Finance, Muhammad Ishaq Dar here on Tuesday.

Addressing the Pakistan Turkey Business Forum, urged Turkish businessmen to invest in different sectors and stressed that the cost of production in Pakistan was still lower than other countries.

On the occasion, Minister for Commerce Khurram Dastagir Khan also called upon the Turkish businessmen to benefit from the liberal policies offered by Pakistan.

“Turkey is a major business partner but the trade volume of $600 million between the two countries needs to be enhanced manifold in future for the economic development and prosperity of masses of both the countries”, he added.

Dastagir said that the government has introduced the liberal trade policies for foreign investors and also introduced soft tax regimes for the investors to encourage foreign investment.

Chairman Board of Investment, Dr. Miftah Ismail highlighted the gold, copper and iron reserves in Punjab and Balochistan, adding that these need to be exploited and provide huge investment opportunities to Turkish investors.”

Published in Dawn, February 18th, 2015

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