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Dastagir to address seminar on ‘Pakistan’s Changing Reality’ in Brussels

ISLAMABAD: Federal Minister for Commerce Engineer Khurram Dastagir Khan will reach in Brussels today (Sunday) on a four day official visit. He will hold meetings with senior officials of European Commission and members of European Parliament and will chair conference of trade officers based in Pakistan missions in Europe besides meeting with Pakistani community in Belgium, says a press release received here from Brussels. He will also address a Briefing Seminar entitled “Pakistan’s Changing Reality: An Opportunity for Peace and Development” organized by a prestigious think tank, the European Institute of Asian Studies. During his meetings, the Minister will apprise the concerned officials of the EU Commission and the European parliamentarians of the growing economic potential of Pakistan in the awake of improved law and order situation and institutional reforms carried out by the government of Pakistan. He will also share improvements achieved in conditions of production sector in Pakistan. Pakistan has been ranked 52nd, ahead from India (60th), among 79 developing economies in the Inclusive Development Index (IDI), according to report of World Economic Forum’s ‘Inclusive Growth and Development Report 2017’, released in Davos on January 16 this year. Pakistan’s ranking in terms of Global Competitiveness Index 2016-17 has also witnessed improvement by four notches as it stood at the 122nd position in 2016-17 against the 126th position previous year 2015-16 out of the total 138 countries. According to Asian Development Outlook 2016 Report, growth forecast for Pakistan has been raised to 5.2% for 2017 as in 2016 Pakistan’s GDP growth was 4.7% and was higher than the target of 4.5%.—Agencies

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