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Economic revival of the country has started:Ch Pervaiz Elahi

Lahore: Deputy Prime Minister and Pakistan Muslim League senior central leader Ch Parvez Elahi has said that many mega projects are in the offing for the economic revival of the country, including establishment of Export Processing Zones all over the country and implementation of a new long term industrial policy that is being formulated in consultation with the business community.
The Deputy Prime Minister was talking to LCCI President Irfan Qaiser Sheikh and Vice President Saeeda Nazar during a call-on meeting at his residence on Tuesday. The meeting continued for well over an hour and both the sides discussed a number of issues including shortage of electricity.
Ch Parvez Elahi said that government was aware of the problems being confronted by the trade and industry due to power crisis and added that a remarkable cut in the load shedding would be witnessed in the coming months.
He said that the proposed industrial policy would pave way for acceleration of industrial activity in the country, ultimately giving boost to the exports while alleviating poverty and unemployment. He said that the Lahore Chamber of Commerce would be taken on board well before the finalization of upcoming industrial policy.
The PML leader said that the government is focusing on implementation of long term policies so that true results could be evolved for the benefit of common man.
Parvez Elahi said that promotion of Indo-Pak trade would go a long way in bringing peace and prosperity in South Asia. To help cope with the imports from India, government was endeavouring to strengthen the local industrial sector.
He said that all possible measures are being taken to ensure continuity in economic policies that is a prerequisite to turn the country a hub of economic activities and to achieve this goal all the stakeholders including chambers of commerce in the country would be consulted.
The LCCI president Irfan Qaiser Sheikh on the occasion apprised the Deputy Prime Minister of the challenges being faced by the business community. He said that an acute shortage of power and poor law and order situation has sent a very wrong signal to both the foreign and local businessmen who were planning to put their money in Pakistan.
On trade with India, the LCCI President said that it is a welcome sign but the government would have to facilitate the business community to enable it to cope with a bigger economy.

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