Pak economy growing at 6%; open to business, investment in diverse areas: PM

Pak economy growing at 6%; open to business, investment in diverse areas: PM

DAVOS: Prime Minister Shahid Khaqan Abbasi Thursday said Pakistan with a huge market of 200 million people, an annual economic growth of around 6 percent and a strengthening democracy, was open to business and investment in diverse areas.


The prime minister expressed these views while addressing a press conference along with his ministers for foreign affairs, information and broadcasting, information technology, and national healthcare here in Davos, Switzerland.


He also mentioned the huge economic activity generated by the ongoing China Pakistan Economic Corridor (CPEC) project in the country under China’s One Belt One Road (OBOR) initiative.
The prime minister also mentioned the strengthening political situation in the country and said Pakistan was making history by completing a decade of democratic process.


To a question about growing Pak-China ties vis-a-vis the relations with the US, he said Pakistan had longstanding relations with both China and the United States, which the country considered very important and would continue.  


“We are a country where warm winds are blowing from the East and the West,” he remarked.
He said the CPEC was not a Pakistan-specific project, as it would benefit the region and was open to other world countries as well.


To another question, the prime minister said Pakistan had highlighted Chinese President Xi Jinping’s vision of connectivity and linkages at every forum. This OBOR initiative would benefit the region and the world in the decades and millenniums to come, he added.