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Article: Pakistani prime minister visits U.S. amid tension over airstrike
- Article from:
- AP Worldstream
- Article date:
- January 23, 2006
- Author:
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FOSTER KLUG, Associated Press Writer
AP Worldstream
01-23-2006
Dateline: WASHINGTON
Economic reforms have put Pakistan at the front rank of countries for foreign investors, with businesses reaping returns of 30 to 50 per cent annually and "laughing all the way to the bank," Pakistan's prime minister said Monday.
Speaking to U.S. business leaders, Prime Minister Shaukat Aziz said foreign businesses invested $3 billion (euro2.4 billion) last year, up from $1.5 billion (euro1.2 billion) in 2004.
"We think there can be much more," Aziz said. He added that these companies are doing well because the Pakistani middle class is spending more.
"There are no sweetheart deals any more," Aziz said. ...