ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday said resumption of British Airways (BA) operations for Pakistan is a breakthrough, which will improve country’s image.
The development can be dubbed as a landmark achievement of the PTI government, said Karim Aziz Malik, Vice President FPCCI.
The development has proved that the image of the country is improving globally which will help attract multinationals, which is necessary for much-needed investment, he added.
Speaking to the business community, Karim Aziz Malik said that the positive decision of the BA means that international community is recognizing Pakistan’s potential as a new and good investment destination.
The VP FPCCI said that the credit of return of British Airways to Pakistan goes to Sayed Zulfikar Abbas Bukhari, Special Assistant to Prime Minister on Overseas Pakistanis and HRD.
The move will help send a positive signal reflecting that the country’s environment is conducive for the foreign companies and it is safe as well as highly profitable for the foreign investors, he observed.
He noted that the development would open new opportunities of connectivity for Pakistan while the efforts of the government will improve the economic outlook of Pakistan.
Malik also lauded the steps taken by Zulfi Bukhari to boost remittances, which are the lifeline for the national economy as every year, overseas Pakistanis were sending over $20 billion through proper channel.
Overseas Pakistanis were sending up to $15 billion via informal means while increased use of banking channels will help the government boost foreign exchange reserves.