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ISLAMABAD: Prime Minister Shehbaz Sharif arrived in Paris on an official visit to attend the New Global Financing Pact Summit.
The prime minister is visiting on the invitation of French President Emmanuel Macron. Federal ministers Sherry Rehman, Sardar Ayaz Sadiq, Marriyum Aurangzeb and Special Assistant to PM Tariq Fatemi are part of the prime minister’s entourage.
As the prime minister landed at the Paris airport, he was warmly received by Pakistan’s ambassador in France and diplomatic officials besides senior French government authorities.
During the visit, the prime minister will attend the New Global Financing Pact Summit being hosted by France and participated by heads of state and delegates from over 50 countries.
Prime Minister Shehbaz will also join the world leaders at the dinner reception hosted by the French president for the participating dignitaries. During the visit, the prime minister will also hold bilateral meetings with different heads of state.
Prior to his departure, the premier emphasized that the summit provided a “unique opportunity” for global unity, enabling consensus on fundamental principles and necessary measures for a comprehensive overhaul of the international financial system.
The summit serves as a platform for the exchange of ideas and consultation on future changes in the global financial system to address challenges related to sustainable development, alternative and renewable energy sources, environment, and climate change, he said in a tweet.
The PM further highlighted that Pakistan, as a prominent stakeholder in the G-77 plus China alliance and a nation significantly affected by climate change, was well-positioned to assume this role.
The coalition government has set up a Special Investment Facilitation Council (SIFC) to frame economic policies that ensure policy predictability, continuity and effective implementation to revive the economy.
PM Shehbaz said attracting investment from friendly countries remains one of the key goals of the SIFC. He said rhe immediate task is to increase foreign direct investment to $5 billion.
