ISLAMABAD - President Asif Ali Zardari Tuesday assured the business community that the government would address their concerns in the upcoming budget for the fiscal year 2009-10, as shortage of energy and wave of terrorism had hit the businesses badly. He called upon the business community to come forward and play its role in rebuilding the national economy and rehabilitating displaced people. He said this during an interactive session with a delegation of Pakistan Business Council (PBC) in the Presidency. The President said that there was great potential to enhance export earnings to manifold through value addition in the textile and garments industry. Our raw material in the textile sector is one of the best in the world and Pakistan can increase its export earnings to four times by converting it into high quality finished products, he stated. The President said that the shortage of energy and the circular debt had also adversely impacted on the business and industrial sectors resulting in decline in jobs, adding the government endeavoured to find out solutions to this problem. He said the government was adopting the public private partnership to enable the local people to become stakeholders in the economic development of the country. The President said that the government was seeking greater access to international markets for Pakistani products to boost industrial production in the country and thereby create additional jobs. He expressed the hope that the concept of Reconstruction Opportunity Zones (ROZs) would soon be translated into reality and industrial states would be established in Fata and other areas of the country. The President said that the government also planned to move the Friends of Democratic Pakistan for assistance in increasing the capacity of existing universities and academic institutions of the country. The meeting was attended by Interior Minister Rehman Malik, Advisor to Prime Minister on Finance Shaukat Tarin, Advisor to Prime Minister on Petroleum Dr Asim, Governor Punjab Salman Tasir, Deputy Chairman Planning Commission, Sardar Aseff Ahmad Ali, Hina Rabbani Khar, Secretary General Salman Farooqi and Secretaries of relevant ministries. Members of the Pakistan Business Council who attended the meeting included Chairman PBC Abdul Razzak Dawood, Vice Chairman PBC Ali S Habib, Chief Executive PBC Kamran Mirza, President and CEO Engro Chemical Pakistan Ltd Asad Umar, Chairman Gul Ahmed Textile Mills Ltd Bashir Ali Mohammad, and Chairman Dawood Group M Hussain Dawood. Members of the PBC also gave suggestions on a number of issues including poverty alleviation, broadening tax base, documentation of economy and large-scale manufacturing industry. The President said that the government would look into their suggestions. He said that the government aimed at creating a business friendly environment to enable the businessmen and entrepreneurs to play a greater role in national development.