ISLAMABAD: Pakistan’s Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with the CEO of the shipping company APM Terminals Keith Svendsen and Denmark’s Ambassador to Pakistan Jakob Linulf at the Finance Division on Thursday.
The meeting was attended by the Secretary of Maritime Affairs, APM representatives, and senior officers from the Federal Board of Revenue (FBR) and Finance Division.
The Finance Minister commenced the discussion by expressing gratitude to the Danish Government for its commitment, especially in the form of the grant for flood-hit communities in 2022 and the $3.8 million grant pledged during the Geneva pledges.
He stressed the need to capitalize on this momentum to further enhance economic relations between the two countries.
The Finance Minister further apprised the representatives about the government’s reform agenda and expressed optimism that the reform actions would lead to improved business confidence and attract investments into the country.
He said that the government was committed to facilitating an environment conducive to business and was keen to explore opportunities for future projects and investments with APM, especially in the maritime sector.
APM Terminals Pleased to Engage with Pakistan Government
Keith Svendsen said that APM Terminals was pleased to engage with the Government of Pakistan to discuss the ongoing and future projects in the country.
He said that the company sees great potential in the Pakistani market and is committed to enhancing its investment and operations to support the country’s trade, affirming confidence in the growth prospects and commitment to its development agenda.
The need for improvement in customs rules and regulations for the efficient execution of maritime affairs in a seamless way was also discussed. Muhammad Aurangzeb assured his support in this regard.
Both sides acknowledged the significance of continuous dialogue and collaboration between public and private sectors to further boost economic relations.
