ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday met a delegation of prominent British business figures and urged them to benefit from Pakistan’s investment-friendly climate, Sharif’s office said, amid Islamabad’s efforts to boost trade and foreign investment.
The business delegation, led by renowned British businessman Zuber Issa, met the prime minister in the eastern city of Lahore, according to Sharif’s office.
Sharif urged the delegates to invest in Pakistan, saying foreign investors were being provided best facilities by Pakistan’s Special Investment Facilitation Council (SIFC).
“Promotion of foreign investment in the country is the top priority of the government,” he was quoted as saying by his office.
“Due to the efforts of the government, the country’s economy has improved in recent days which has increased the confidence of investors.”
The two sides exchanged views on finding new ways to improve business-to-business relations between Pakistan and the United Kingdom.
“The delegation appreciated and expressed their confidence in the prime minister’s economic policies that put the country’s economy on the path of stability and sustainable development,” Sharif’s office added.
The development comes amid Pakistan’s efforts to boost trade and foreign investment after it narrowly escaped a default last year by securing a last-gasp $3 billion financial assistance package from the International Monetary Fund (IMF).
The South Asian country has since sought to promote closer economic ties with regional and international allies to bolster its fragile $350 billion economy, which has been suffering from a prolonged macroeconomic crisis.
PM urges UK businesspersons to benefit from Pakistan’s investment-friendly policies
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PM urges UK businesspersons to benefit from Pakistan’s investment-friendly policies
- The development comes amid Pakistan’s efforts to boost trade and foreign investment after it narrowly escaped a default last year
- The South Asian country has since sought to promote closer ties with regional, international allies to bolster its fragile economy
Death toll in Pakistan wedding suicide blast rises to six
- Attack targeted members of local peace committee in Khyber Pakhtunkhwa’s Dera Ismail Khan
- Peace committees are community-based groups that report militant activity to security forces
PESHAWAR: The death toll from a suicide bombing at a wedding ceremony in northwestern Pakistan rose to six, police said on Saturday, after funeral prayers were held for those killed in the attack a day earlier.
The bomber detonated explosives during a wedding gathering in the Dera Ismail Khan district of Khyber Pakhtunkhwa province, injuring more than a dozen, some of them critically.
“The death toll has surged to six,” said Nawab Khan, Superintendent of Police for Saddar Dera Ismail Khan. “Police have completed the formalities and registered the case against unidentified attackers.”
“It was a suicide attack and the Counter Terrorism Department will further investigate the case,” he continued, adding that security had been stepped up across the district to prevent further incidents.
No militant group has claimed responsibility for the blast so far.
Khan cautioned against speculation, citing ongoing militancy in the area, and said the investigation was being treated with “utmost seriousness.”
The explosion targeted the home of a member of a local peace committee, which is part of community-based groups that cooperate with security forces and whose members have frequently been targeted by militants in the past.
Some media reports also cited a death toll of seven, quoting police authorities.
Emergency officials said several of the wounded were taken to hospital soon after the blast.
Militant attacks have intensified in parts of Khyber Pakhtunkhwa since the Taliban returned to power in neighboring Afghanistan in 2021, with Islamabad accusing Afghan authorities of “facilitating” cross-border assaults, a charge Kabul denies.
