ISLAMABAD: US Ambassador to Pakistan Anne W Patterson on Wednesday called on the Minister of State for Investment and Chairman Board of Investment, Saleem H Mandviwalla and discussed implementation and other important aspects of the bill related to the Reconstruction Opportunity Zones (ROZs) for NWFP.
According to a press release issued by the Ministry of Investment, the US Ambassador informed the minister that this measure has been introduced in the US Congress to launch a preferential trade programme through establishment of ROZs in Pakistan and Afghanistan.
This would give the people in impoverished areas a new economic hope and help curb violent extremism. The US ambassador and the minister expressed satisfaction over the steps taken by the NWFP government for restoration of peace in Swat, it added.
The minister assured the ambassador that the federal government would fully support the region socio-economic welfare and early rehabilitation of internally displaced persons in the valley.
Referring to the Reconstruction Opportunity Zones, the minister said the passage of this bill would expedite socio-economic development in FATA. However, the minister of state also urged upon the US government to build and liaison directly with the people and business community in the province of NWFP for expediting their financial support.
He further said that economic development of people will be vital in rooting out the menace of extremism in the region through a holistic approach, including other components as well, the press release added.
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