ISLAMABAD  -  The newly appointed Federal Minister for Petroleum Ali Pervaiz Malik, who is former minister of state for finance, has assured the business community that the government remains steadfast in its commitment to provide all out facilities to local and foreign investors.

He was talking to a delegation of more than 25 member companies of the American Business Forum (ABF), representing American businesses operating in Pakistan.

The minister thanked Dr Faisal Hashmi, vice president, and members of ABF for organizing the constructive dialogue in Lahore and assured that the government is taking every step to ensure a conducive and enabling environment for the investors. He underlined the importance of a pro-business and investor friendly taxation and regulatory environment and assured the attendees that the government is fully cognizant of its criticality for retaining investor confidence and attracting more trade and foreign direct investment (FDI).

The minister acknowledged the importance of business community, particularly the American businesses, for the economy of Pakistan. The consultative session was chaired by Kamran Atta Khan, CEO Dupont Operation in Pakistan and President of ABF. The ABF Board of Directors appreciated the government’s ingenious approach to work with the business community as partners and praised Ali Pervaiz Malik’s proactive approach for engaging with the business community.

In his vote of thanks, Dr Faisal Hashmi appreciated the minister for his willingness to always address the concerns of the business community and for his collaborative approach.