Islamabad: According to news reports, Shaukat Tarin, the Federal Minister of Finance and Revenue, said on Monday that Canada was one of Pakistan’s important development partners, emphasizing the importance of further boosting business and economic ties between the two countries.
During a meeting with Wendy Gilmour, the High Commissioner of Canada for Pakistan, who paid him a visit here, the minister remarked that Pakistan and Canada have long-standing and multi-faceted ties.
The finance minister, in extending a cordial welcome to the Canadian high commissioner, noted that Canada has a substantial Pakistani diaspora and that people-to-people ties are a key component of bilateral relations.
He informed her of recent economic developments and initiatives, adding that the present government’s top priorities were improving revenue collection, expanding exports, raising remittances, and ensuring the energy sector’s long-term viability.
The minister went on to say that the government was working on several short, medium, and long-term plans in 14 critical sectors for inclusive and sustainable growth, and that he was certain that these plans will turn the economy around and put it on a more solid basis.
The Canadian high commissioner thanked the minister for his time and advised him that the Canadian business community saw an enormous investment opportunity in Pakistan’s wind power generating power transmission networks, and mining sectors.