Pakistan’s economy has stabilised, says FM Qureshi

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 ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has said that Pakistan today has all the ingredients to become a 21-century success.

Addressing the inaugural session of Pakistan-Africa Trade Development Conference in Nairobi, he said with resolute action, we have turned the tide against the scourge of terrorism and transformative structural reforms are turning challenges into opportunities.

The foreign minister said Pakistan is known to possess 92 minerals, of which 52 are commercially exploited. The foreign minister said Pakistan’s economy has stabilised and is on path for sustained growth, over a longer trajectory.

READ MORE: Pakistan eyes capturing ‘ignored’ African trade markets

Talking to Kenyan counterpart Raychelle Omamo in Nairobi, Qureshi said Pakistan considers its diplomatic relations with the African countries including Kenya very important. He said Kenya is the biggest trade market for Pakistani products after China. In the meantime, Pakistan and Kenya have signed a Memorandum of Understanding with regard to the training of diplomats.

This MOU is related to the Foreign Service Academies of both the countries.

The MoU was signed by Shah Mahmood Qureshi and Foreign Minister of Kenya Raychelle Omamo in Nairobi, Kenya.

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