PM to allure investors at WEF meeting

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Prime Minister Syed Yousaf Raza Gilani, who will attend the of the World Economic Forum (WEF) annual meeting in Davos-Klosters, Switzerland, said on Monday that Pakistan was well-placed to convince international investors to invest in Pakistan, as it was the best destination to do business. The PM said this in a meeting with Foreign Minister Hina Rabbani Khar. Gilani’s meetings with other leaders of various countries, including engagements with investors, businessmen and international media organisations were also discussed.
He said that the WEF offered a good opportunity to project Pakistan’s economy, which had staged a comeback, as most indicators suggested that the economy was performing well despite the global recession. Hina briefed the PM on the overall regional situation with special reference to relations with Afghanistan and the US. She referred to the recommendations of the Envoy’s Conference and the Parliamentary Committee on National Security regarding formulation of new rules of engagements with the US and ISAF. The PM will leave on a five-day visit to Switzerland from January 25.