PM Imran, President Trump to meet in Davos
Imran directs to waive off unnecessary taxes on small shopkeepers
Prime Minister Imran Khan will meet US President Donald Trump on the sidelines of World Economic Forum (WEF) in Davos, Switzerland, from today (Tuesday). According to a statement issued by the Foreign Office, this would be the third leadership-level interaction between Pakistan and the US since the prime minister’s visit to Washington in July 2019.
The prime minister will hold bilateral meetings with several other world leaders, while several meetings are also scheduled with a wide range of corporate, business, technology and finance executives, and representatives of international financial institutions. PM Imran Khan will speak to senior international media persons and editors during a session with the Forum’s International Media Council. He will also give interviews to major international media outlets.
Throughout his engagements at Davos, Imran Khan will share Pakistan’s vision and achievements in the areas of economy, peace & stability, trade, business and investment opportunities. He will also highlight the current situation in the Indian Occupied Jammu & Kashmir and Pakistan’s perspective on key regional and international issues.
PM Imran Khan will attend the World Economic Forum (WEF) in Davos, Switzerland, from January 21 to 23, 2020 at the invitation of Professor Klaus Schwab, Founder and Executive Chairman of WEF. The thematic focus of this session is on “Stakeholders for a Cohesive and Sustainable World.”
Meanwhile, Prime Minister Imran Khan Monday said that from the day first, the government had decided to transform Pakistan into an industrial power and for this purpose, assured that the government and its economic team would extend all facilities and support to the industrialists.
The prime minister was talking to a representative delegation of the newly elected presidents of different chamber of commerce and industries of the country. Minister for Energy Omar Ayub Khan, Adviser on Commerce Abdul Razzak Dawood, Chairman Investment Board Syed Zubair Gilani and Chairman Federal Board of Revenue Syed Shabbar Zaidi were present during the meeting, PM office media wing in a press release said.
The delegation included Muhammad Ahmed (Islamabad Chamber), Malik Muhammad Ashraf (Sialkot Chamber), Rana Muhammad Sikandar Azam (Faisalabad Chamber), Mian Umar Slaeem (Gujranwalla Chamber), Ali Hussain Asghar (Lahore Chamber), Mir Naveed Baloch (Gwadar Chamber), Shahid Hussain (Khyber Pakhtunkhwa Chamber), Rizwan Ali (Gilgit Baltistan chamber) and others.
Upon a proposal of the delegation, the prime minister directed the FBR chairman to hold open house on each Monday and hear the issues faced by the industrialists. The prime minister appreciated investment in the information technology, Halal food and medicines and directed the concerned ministries to provide all facilities in this regard.
The delegation presented proposals over tax refunds, supply of gas and power to the industries, revival of sick industrial units, special economic zones and increase in exports. They also appreciated the measures taken by the prime minister and the government’s economic team for the promotion of business and industrialization in the country.
Prime Minister Imran Khan has on Monday directed to waive off unnecessary taxes on small shopkeepers and to not put them in undue trouble. The premier held consultations with the chief ministers and the Pakistan Board of Investment while taking notice of the taxes that are collected in the name of inspection and unneeded certification.
Imran Khan ordered to remove taxes on 15 small businesses and directed the provincial chiefs to instruct the Local Government Commission that the regime cannot allow harassing the traders in the name of unnecessary certification. The PM said it is our priority to provide peaceful atmosphere to small shopkeepers. Subsequently, the provincial governments decided to remove taxes on 15 small businesses and to wave off inspection clause from 74 different trades.