Gohar woos foreign investors

Caretaker Commerce and Interior Minister Gohar Ejaz on Wednesday said that Pakistan was poised to become a trillion-dollar economy in a decade and investors should exploit the growth potential. Addressing foreign and local investors at the Overseas Chambers of Commerce and Industry (OICCI), he urged the investors to grab the opportunity as “Pakistan is a gold mine, which is bound to go far ahead”. The caretaker government during its short tenure, he said, had taken comprehensive and fundamental measures, even tough decisions, and those were giving remarkable results in economic and financial sectors with currency appreciation, growth in exports, declining imports, current account surplus and reviving confidence of investors. The minister said the issue of depreciation in currency was dealt with by turning to basics, ensuring the rule of law, and curbing misuse of the Afghan Transit Trade (ATT) and smuggling.