ISLAMABAD, Dec 4: State Minister for Finance Omar Ayub Khan on Monday said major investments would be pumped into agriculture sector to enhance farmers' capacity and attract them towards high value crops production.

Talking to media persons at a seminar on ‘Dispute resolution in international transactions', he said there was presently disruption in free movement of food items due to weather conditions but “we want to address the problem forever through investments.”

Earlier, while addressing the seminar the minister said that the development of human resource and infrastructure was crucial for economic prosperity. He stressed the need for cooperation between public and private sector in this regard.

Citing the strength of China's economy, he said, “Their secret weapon is a large productive labour force,” adding that Pakistan is in process of reforms and the private sector activities are increasing due to the business friendly policies of the present government.

He said that a better infrastructure and the best use of manpower could only guarantee prosperity.” We are investing in better human resource at the grass-root level and trying to work out a strategy for maximum use of our own manpower,” he added.

Partner Dispute Resolution Practice, Norton Rose, London, Antony Dutton and Partner Khan and Associates Mansoor Hassan Khan spoke on the occasion.

The participants of the seminar discussed the effects of the New York convention on investors’ confidence and the Dubai international financial centre model.—APP