ISLAMABAD, MAY 26 – Foreign Minister Shah Mahmood Qureshi on Wednesday said Pakistan was ready to play its part for positive and productive partnership with the European Union as enormous potential existed in areas of trade, climate change and digitization.
Qureshi mentioned that Pak-EU relationship had provided a solid foundation and framework for cooperation in multiple domains, including) political and defence, trade and investment, promotion of democracy, rule of law, good governance and human rights, migration and mobility, sustainable development, education and culture and science and technology.
He said the EU was a traditional friend and a major economic partner of Pakistan with their cooperation based on shared values of democracy, pluralism, mutual understanding and respect.
He lauded the EU’s efforts and contributions to fight the COVID-19 pandemic.
Qureshi said trade was an important aspect of Pakistan-EU multi-faceted relationship.
While the GSP Plus has supported our exports, we have introduced reforms to attract foreign direct investment to maximally utilize this facility, he added.
The foreign minister said Pakistan offered an open and deregulated market with 100 percent equity ownership and repatriation of capital and dividends.
He mentioned that over the last five years, Pakistan’s IT exports had increased by 151 percent and offered the EU to benefit from the country’s human resource in the IT sector to realize its goals of Digitization.
“We need to appreciate the religious sentiments attached to the personality of the Holy Prophet (PBUH) and other religious symbols,” he stressed.
He said the government had firmly moved against the radical groups after the recent protests and assured that “no armed pressure group is being allowed to challenge the writ of the state and dictate government policies”.