ISLAMABAD - Overseas Investors Chambers of Commerce (OICCI) President Kimihide Ando on Wednesday said that Mitsubishi Corporation was exploring new avenues for expanding its business and enhancing investment in Pakistan.
He said this while talking to Finance Minister Senator Mohammad Ishaq Dar. While talking to the President OICCI, the finance minister thanked the president and members of OICCI for showing their confidence in the economic policies of the government. The minister said that the government would facilitate overseas investors in every possible manner as part of its policy to encourage foreign investment in the country.
Earlier, Finance Minister Senator Mohammad Ishaq Dar held a meeting with representatives of oil marketing companies and oil refineries. The present government, Dar said, was engaging with oil companies as part of its policy to ensure that essential items like oil are available to the industry as well as for common use without any interruption. The minister was informed that the present stock of oil in the country was enough for 30 days. In another development, Ishaq Dar chaired a high level meeting at the finance ministry to enhance trade relations with Russia. He stressed that all outstanding financial issues including the claims of Pakistani businesspersons be settled at the earliest for furthering of bilateral ties. It was agreed that the Ministry of Commerce and Foreign Affairs would engage with the Russian Federation to achieve concrete progress as early as possible.