By Asghar Ali Mubarak
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin, said here on Tuesday that Pakistan was looking forward to further strengthen bilateral relations with Korea and promote trade and investment linkages between the two countries.
During a meeting with Ambassador of the Republic of Korea, Suh Sang-Pyo who paid a courtesy call on him, the minister thanked Korea for 3-year Framework Arrangement under which $500 million are being provided for projects in IT, education and health. Both sides exchanged views on economic potential and stressed the need to further promote mutual trade and investment linkages, according to press statement issued by the finance ministry.
The finance minister expressed the desire of increasing exports to Korea, the statement added. He briefed the Korean Ambassador about the recent economic developments and initiatives.
The current Government aims at achieving all- inclusive and sustainable economic growth with key focus on “bottom-up” approach, he said adding the government had chalked out short, medium and long term plans to spur growth in key priority areas.
Furthermore, he said, the government was coming up with a comprehensive policy for expansion of auto industry in Pakistan by increasing the production of cars, motorcycles, tractors etc.
