Razak hails ‘Tobacco MNCs’ for enhancing Pakistan’s export

Promoting trade with African countries, govt top priority: Razak
File Photo

ISLAMABAD, Oct 11 (APP):Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood on Monday hailed the role of tobacco sector Multinational Companies (MNCs) for significant contributions for enhancing Pakistan’s export.

Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood and Federal Secretary, Board of Investment (BOI), Ms. Fareena Mazhar discuss investment climate and export opportunities with Director in United Arab Emirates (UAE) British American Tobacco (BAT), said a press release issued by BOI here.

Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood chaired a meeting with British American Tobacco (BAT) in the United Arab Emirates (UAE).
Secretary BOI, Ms. Fareena Mazhar also participated in the meeting.

The chair acknowledged BAT’s contributions to Pakistan, being the top multinational in the country and appreciated PTC’s (a subsidiary of BAT in Pakistan) significant contribution in creating export opportunities for Pakistan.

He assured the Area Director BAT of his and the Secretary’s full support in further facilitating exports.

Razak Dawood further elaborated on the fact that Pakistan can utilize the green energy usage pioneered at the expo and further Pakistan’s go green campaign.

He also talked about Pakistan’s progression towards prosperity and economic growth which is synonymous with BAT’s ‘A Better Tomorrow’ global corporate proposal.

Area Director for BAT Middle East and South Asia,Syed Javed Iqbal, acknowledged that Pakistan is a resilient and ambitious nation characterized by improved ratings over several indices such as human development, transparency, technology and exports.

He appreciated the relentless efforts by the government of Pakistan to make the country more business friendly.

While talking about the exports, Mr. Iqbal shared that estimated USD$100mn worth of exports in the next few years will further improve the investment climate in the country.