Thursday, March 28, 2024

FM Shah Mahmood Qureshi rules out presidential system in Pakistan

FM Shah Mahmood Qureshi rules out presidential system in Pakistan
May 3, 2019
ISLAMABAD (92 News) – Foreign Minister Shah Mahmood Qureshi has ruled out the enforcement of the presidential system in the country. Addressing a press conference on Friday, he said that no one had two-thirds majority for amending the constitution. Questioning the change of the Public Accounts Commission (PAC) chairman, the foreign minister said that Raja Zafarul Haq was also surprised at the decision. “The PPP says that they have not been consulted while nominating Rana Tanveer Hussain,” he said. Pakistan played role for peace, reconciliation process in Afghanistan: FM Minister for Foreign Affairs (FM) Shah Mehmood Qureshi said on Friday that Pakistan played a role for peace and reconciliation process in Afghanistan. Shah Mehmood Qureshi has said that the government is pursuing economic diplomacy for socio-economic development of the country. FM Qureshi said various steps have been taken to create a pro-investment environment, and it is time for entrepreneurs to take advantage of lucrative business opportunities in the country.
PTI government on foreign policy front
Highlighting achievements of the PTI government on foreign policy front, the minister said Pakistan played a role for peace and reconciliation process in Afghanistan, took peace overtures towards India, including opening Kartarpur corridor, and reinvigorated relations with China, Saudi Arabia, the United Arab Emirates, Turkey, Qatar, Malaysia and Iran.
Pakistan overcome its balance of payment issue
FM Qureshi said Pakistan secured financial assistance from friendly countries to overcome its balance of payment issue. He said agreement on second phase of China-Pakistan Economic Corridor and signing of Free Trade Agreement with China will contribute significantly to socio-economic development of the country.
Saudi Arabia to invest $20bn investment in Pakistan and UAE
He said Saudi Arabia has committed twenty billion dollars investment in Pakistan and the United Arab Emirates, Qatar and Malaysia are also eyeing on investment in various sectors in the country. The foreign minister said ExxonMobil company has returned to Pakistan and has been engaged in exploration of energy resources. He said concerted efforts are being made to promote tourism, and new visa regime has been introduced to this effect.
Pakistan to continue its effort for peace in Afghanistan: FM
Earlier, Minister for Foreign Affairs Shah Mehmood Qureshi has said that Pakistan will continue its efforts for peace in the region, particularly in Afghanistan. He said while talking to an Afghan delegation comprising politicians, journalists, academics and businessmen on Wednesday. The minister assured the members of the delegation that Pakistan is hopeful that its sincere efforts for establishment of peace in Afghanistan will prove a success. During the meeting, Pakistan-Afghan relations and matters of mutual interest, including Afghan reconciliatory process were discussed. The delegation members appreciated the role, Pakistan has played for bringing the two sides on the dialogue table as part of the peace process. The delegation presented its proposals to the Foreign Minister for building trust between Pakistan and Afghanistan and enhancing bilateral political and economic cooperation.