President Alvi praises COAS and government for attracting foreign investment
Published on: October 29, 2023.
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KARACHI: President Dr Arif Alvi praised the efforts of the caretaker government and Chief of the Army Staff (COAS) General Asim Munir on Saturday for their work in attracting foreign investment and improving Pakistan’s economy through joint-ventures, according to ARY News.
Speaking at the 15th Rice Exporters Association of Pakistan (REAP) Recognition Ceremony, President Alvi noted that the country was moving towards economic stability due to the effective decision-making of the army chief and the interim government.
He emphasized the potential of the business community to strengthen Pakistan’s economy and stated that responsibility must be taken to tap into the country’s tremendous potential.
President Alvi commended REAP for its impressive journey, with exports increasing from $300 million to $3 billion.
In his address, President Alvi suggested that REAP members consider engaging in joint-ventures and focus on producing value-added rice items.
The President also applauded the innovative concept of the “Biryani Festival” and extended an invitation for REAP to organize the festival at the President House. He also called for the revitalization of rice research institutions to enhance Pakistan’s presence in the global market.
Upon REAP’s request, President Alvi proposed the establishment of market-oriented institutions through collaboration between the government and REAP. He emphasized the importance of empowering women through employment and providing quality education to equip the younger generation to tackle the nation’s challenges.
In addition, President Alvi condemned the brutality in Gaza carried out by Israel.
It is important to note that COAS Asim Munir has announced actions against various illegal activities to safeguard Pakistan’s economic interests and enhance security.
Source: [ARY News](https://arynews.tv)
