ISLAMABAD, March 29: President of Pakistan Muslim League (Quaid-i-Azam) Chaudhry Shujaat Hussain on Monday said the country could make progress in the field of economy by giving concessions to Pakistani investors. Mr Hussain made this statement while talking to reporters during a reception held in honour of Pakistan-American delegation.

Punjab Chief Minister Chaudhry Pervaiz Elahi, Federal Minister for Religious Affairs Ejazul Haq, Senate deputy chairman Commander (retired) Khalil, US ambassador Nancy Powell, the Russian envoy, Eduard Stepanovich Schevchenko, Chinese ambassador Zhang Chunaxiang, Lt-Gen (retired) Abdul Majid Malik, MNAs and senators were also present on the occasion.

Abdul Rashid Chaudhry was leading the US delegation. Speaking on the occasion, Chaudhry Shujaat Hussain said Pakistanis settled abroad were keen to invest in the country. He said keeping this in view, "we would have to make policies to attract investment in the country".

Chaudhry Pervaiz Elahi, in his speech, said overseas Pakistanis were playing their due role for the progress of the country. He said this was the reason why "our foreign assets have been showing an increase". He said law and order situation in the country in general and the Punjab in particular had been showing improvement.