ISLAMABAD: With the aim of fostering a business-friendly environment and promoting investments, Caretaker Prime Minister Anwaar-ul-Haq Kakar issued directives on Saturday to streamline the visa policy for businessmen.
The caretaker prime minister issued these directives during the fifth apex committee meeting of the Special Investment Facilitation Council (SIFC) in Islamabad.
He assured that visas would be readily available to businessmen, stating that these measures marked a new era for Pakistan.
Caretaker Foreign Minister Jalil Abbas Jilani, addressing a joint press conference alongside other ministers after the SIFC meeting, announced that the government would grant long-term visas to the business community for their investments.
Referring to the European Union (EU) as a crucial partner for Pakistan, he highlighted that the country’s trade had increased with various nations in recent months, including a $3 billion increase in trade with the United States (US). Jilani emphasized that the primary objective of SIFC was to address investors’ concerns.
The caretaker government is actively working to resolve issues faced by foreign investors, Jilani stated. He also highlighted the strengthening of Pakistan’s ties with the international and regional community in defense, politics, and economics.
Describing SIFC as a groundbreaking initiative, he noted that Pakistan’s trade relations with the US were akin to those with China, and there was growing interest from the Gulf Cooperation Council (GCC) in investing in Pakistan. Additionally, steps were being taken to enhance bilateral trade with the EU and Africa.
