ISLAMABAD: President Dr Arif Alvi has said that steps are being taken to facilitate the businessmen and the industrial sector by providing them an enabling environment to expand economic and commercial activities in the country.
The President made these remarks while talking to a delegation of the Jhang Chamber of Small Traders and Small Industry led by its President Liaqat Ali Malik, which called on him, here at Aiwan-e-Sadr on Monday.
The President said that the government was conducting intensive trade diplomacy and was trying to obtain access to new and better markets for local traders and industry through Free Trade Agreements and Preferential Trade Agreements in order to encourage and strengthen the SMEs.
He said reforms had been initiated to improve the business climate of the country and attract foreign investment. He said the government was making concerted efforts to help the industrial sector by reducing the cost of production to enable businessmen to compete in the international markets.
The President said the government was encouraging the youth to establish their own businesses and, in this regard, 100 billion rupees had been allocated under the Kamyab Jawan Program. Liaqat Ali Malik briefed the President about the role of Jhang Chamber of Small Traders and Small Industry in creating job opportunities and appreciated the government for approving an industrial estate for the businessmen of Jhang.