‘Investors should fight terrorism by investing in Pakistan’

Daily Times Monitor

LAHORE: President Pervez Musharraf has said foreign investors should fight against extremism and terrorism by investing and setting up new industries in Pakistan, Geo news channel reported on Sunday.

Addressing foreign delegations in Pakistan for the Textile Asia 2005, the president said foreign investment in Pakistan would help eliminate terrorism and extremism by eliminating poverty, the report added. Calling the textile industry Pakistan’s economic backbone, President Musharraf said investors would have to control the cost of production, price and improve quality to make room in the World Trade Organisation (WTO), the report said. He also said industrialists would have to take interest in exporting non-traditional products along with traditional products, it added.

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