TASHKENT, July 15 (APP): Prime Minister Imran Khan on Thursday said the present government was committed to remove impediments in the way of various businesses and industries including in the pharmaceutical industry.
In an interactive session with Pakistani businessmen in Tashkent, the Prime Minster said that unnecessary regulations were also being done away with to encourage and promote the Small and Medium Enterprises (SMEs).
He said that Pakistan and Uzbekistan had a lot of potential for joint ventures between the private sectors of the two countries for mutual benefit.
Foreign Minister Makhdoom Shah Mahmood Qureshi, Advisor on Commerce Abdul Razak Dawood were also present on the occasion.
The Prime Minister told the entrepreneurs that the government was also working to change NAB (National Accountability Bureau) Law.
Imran Khan, who gave a patient hearing to the proposals of Pakistani businessmen and entrepreneurs, said all the decisions were taken in the federal cabinet after detailed discussion on every subject.
He agreed with a businessman that Pakistan had enormous potential in pharmaceuticals industry, which was not being tapped due to problems in the Drug Regulatory Authority of Pakistan (DRAP).
The Prime Minister also mentioned NAB law and its fear as one of the impediments in attracting quality professionals required to head various institutions in the country.
He assured the Pakistani entrepreneurs of his government’s full cooperation in addressing their problems, adding, they will also be consulted before signing Free Trade and Preferential Trade Agreements.
The Prime Minister said that since Advisor on Commerce Abdul Razak Dawood and Finance Minister Shaukat Tarin were from the business community, they better knew about the importance of promoting trade and industry, which was essential for wealth creation and the benefit of country.
The Prime Minister said the government was making every effort for the promotion of trade and industry. However, the businessmen should also pay maximum taxes for the betterment of country and nation, he added.
