Pakistan Desirous To Learn From Malaysia's Model For Economic Success: Prime Minister Imran Khan

Pakistan desirous to learn from Malaysia's model for economic success: Prime Minister Imran Khan

Prime Minister Imran Khan has said the Pakistan was eager to learn from the model that Malaysia employed for its economic success

ISLAMABAD (Pakistan Point News / NNI - 22nd March, 2019) Prime Minister Imran Khan has said the Pakistan was eager to learn from the model that Malaysia employed for its economic success.The visit of Dr. Mahathir Mohamad is a proud moment for Pakistan, said Khan while addressing a conference in Islamabad.Prime Minister Khan said Mahathir brought about a �big change' in Malaysia. "The successes achieved by Malaysia are a good example for the entire Islamic world.

"Dr. Mahathir Mohamad commands so much respect in Pakistan and it is a great honor for us that he is attending the Pakistan Day ceremony, added Khan.The prime minister said Malaysia and Pakistan had set up a ministerial-level committee with an aim to enhance trade between the two countries. He said the two countries would also sign different memorandums of understanding."The purpose of Dr Mahathir's visit to Pakistan is not only improving the bilateral relations, but also furthering the trade ties," said PM Khan.

In his speech, Dr. Mahathir Mohammad underlined Malaysia's progress from poverty at its independence to its present industrial development. He said Malaysia made its industrial development possible only by promoting foreign investment and imparting knowledge and know-how to its people.The Malaysian PM said his country could buy from Pakistan and also export its products to the country.He said his country plans to set up a Proton car manufacturing unit in Pakistan, which will start production in June next year.

He also presented a gift of Proton car to Prime Minister Imran Khan on this occasion.The visiting dignitary announced his country plans to set up a Proton car manufacturing unit in Pakistan, which will start production in June next year. He also presented a gift of Proton car to Prime Minister Imran Khan on this occasion. He said Malaysia is a trading nation and it does not have enmity with any other country.The Malaysian PM said his country provided all facilities to foreign investors on priority.

"One of the major reasons of Malaysia's economic success is foreign direct investment."Mahathir Mohamad said stable law and order situation was always vital for economic success for any country. "If people have employment they will be able to pay taxes."Later, Pakistani and Malaysian firms signed six Memorandums of Understanding for joint venture in IT, telecommunication and car manufacturing. NNI