Mian Shahbaz Sharif, Chief Minister Punjab has sought investment by European Union (EU) countries in the province as the government is ready to provide necessary infrastructure facilities and all legal guarantees required for this purpose.

 

Speaking at reception hosted in his honour by Italian Ambassador Vincenzo Prati, the Chief Minister Punjab asked the EU countries to take steps for further promoting their historical and traditional relations with Pakistan.

 

The reception was attended by ambassadors of 13 European Union (EU) countries. Chief Minister believed that the EU countries had always kept their trade and economic relations with Pakistan above all conditions and it was hoped that they would give top priority to strengthen their economic, political and cultural ties with Pakistan in future as well.

 

Pir Saad Ahsanuddin, Vice Chairman/CEO PBIT apprised the ambassadors of the prospects of investment in Punjab. He assured that tax laws and other rules and regulation provided complete protection to foreign investment in Pakistan and history is witness to fact that contrary to other countries in the region, foreign capital had never been frozen in Pakistan.

 

Later replying to queries of the ambassadors, the Chief Minister shed light on the protection of the rights of minorities which is among the top priorities of the government and Pakistan history is witness to the fact that members of minority communities had achieved prominent status in education, science, sport, health and other sectors by displaying their talent and abilities.