ISLAMABAD:- Melissa Kelly, Economic Counsellor of Australian High Commission said that some of the recent signs of growth in Pakistan are very inspiring as this country fulfils the criteria to become a developed nation soon.
She said that Australia is impressed with Pakistan’s natural and human resource potential which is matchless, adding that Pakistan is gateway to energy rich central Asian states, financially liquid Gulf states and economically advanced Far Eastern countries.
Melissa Kelly expressed these views while talking to Chairman FPCCI Standing Committee on Diplomatic Affairs Sheikh Humayun Sayeed and Chairman Media FPCCI Malik Sohail during their meeting here on Thursday.
She said that Pakistan has world’s second largest salt mine, fifth largest gold mine, fifth largest coal reserves, seventh largest copper mine; it is a great consumer market and having a competent workforce, the fourth largest in the world.
Melissa Kelly who represents 13th largest economy in the world, said that an Australian delegation has just completed visit of Pakistan and they have decided to investment in the citrus sector including construction of a juice extraction plant.
She said that there is a great scope of cooperation between Pakistan and Australia in different sectors including energy, industry and agriculture.
“Despite numerous challenges Pakistan’s economy was faring well which is very encouraging,” she added.
Sheikh Humayun Sayeed highlighted the salient features of liberal and deregulated trade regime of Pakistan which offered enormous opportunities for foreign investors.
All major international investors and companies are making profits despite the security challenges, he said.
Stressing the promotion of economic links, Sayeed said that the two countries should boost exchange of delegations and expos which will bring business communities together that would lead to more trade in future.
Malik Sohail Hussain said that Australia can get access to central Asia by using Pakistan as an economic bridge, adding that the perception about Pakistan is not what is portrayed, we are better than most of the regional countries in ease of doing business, strong infrastructure, fast growing middle class.
Australia is the third choice for Pakistan students studying abroad, incentives can help Canberra climb the ladder, he said.