Friday, 28 September 2012 11:49:36
Experts hail President address to UNGHA asking for "trade not aid"
ISLAMABAD, Sept 27 (APP): Economic experts here on Wednesday
appreciated the address of President Asif Ali Zardari to the United Nations General Assembly stressing that "Pakistan wants trade not aid".
Taking to APP, former Finance Minister Dr Salman Shah said that
President of Pakistan has asked for market access to Pakistani products in US and European markets adding that "If Pakistan gets markets access and signs Free Trade Agreements (FTAs) with foreign countries, the exports of Pakistan would boost and create employment opportunities to the people and also help improve the economy of our country."
The Former Finance Minister said that US has also promised to
initiate the Reconstruction Opportunity Zones (ROZs) especially in FATA areas in order to provided employment opportunities to the people of the area for improving their social economic wellbeing.
"By providing employment opportunities to the people of FATA, the
menace of terrorism can be checked",he observed.
He stressed the need for the implementation of ROZs in FATA areas by
the US according to its promises.
He expressed the hope the US and other European Countries would
provide maximum market accesses to Pakistani products in order to boost its
exports and trade with them for the socio-economic development of the country.
Former Advisor to Finance Ministry Dr Ashfaq Hassan Khan also
appreciated President Asif Ali Zardari for raising the issue of trade not aid in the international forum.
He said that Pakistan would like to get markets non-debt creating
flows for the prosperity of the country.
He expressed the hope that Pakistan would get market access in the US
and European markets and its exports would also boost for the benefit of the people of Pakistan.
The newly elected President of Islamabad Chamber of Commerce and
Industry Zafar Bakhtawai said that no nation could prosper without promoting
Citing examples of China and Turkey, he said these two important
friends of Pakistan have become super powers by developing their economies.
He also welcomed the European Union (EU) for granting GSP Plus status
to Pakistan and expressed the hope that this would help increase trade volume for the socio-economic prosperity of the country.