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Home Breaking News

Special business passport on cards to ease investment flow: Naqvi

byCT Report
15/04/2026
in Breaking News, Chambers & Associations, Latest News, Pakistan Chambers, Slider News
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ISLAMABAD: Federal Interior Minister Mohsin Naqvi indicated that the government is considering issuing special passports for members of the business community, a move aimed at facilitating investors and encouraging capital inflows into Pakistan.

Speaking at a high-level consultative meeting held at the Federation House in Karachi, headquarters of the Federation of Pakistan Chambers of Commerce and Industry, Naqvi said the government intends to provide incentives to those who bring their investments back into the country.

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 “We will facilitate those who bring their money into Pakistan,” he said, signaling a pro-business approach amid ongoing economic challenges. The meeting brought together senior government officials, industrialists, and business leaders to discuss the country’s economic conditions and law and order situation.

FPCCI President Atif Ikram Sheikh briefed the minister on the challenges faced by the business community, including heavy taxation, regulatory difficulties, and slowing industrial growth. Naqvi assured participants of full government support, stressing that economic stability is closely tied to maintaining peace and security.

He noted that establishing law and order remains the government’s top priority for ensuring a conducive environment for investment and business operations. Highlighting key enforcement priorities, the interior minister said the government is determined to eliminate smuggling, money laundering, and narcotics.

He added that authorities would engage the business community in these efforts and carefully consider their proposals to strengthen enforcement and improve transparency. Business leaders used the platform to express concerns over what they described as an unfriendly tax regime.

S.M. Tanveer, Patron-in-Chief of the United Business Group (UBG), said excessive taxation has severely impacted industrial activity, while also criticizing the Federal Board of Revenue’s approach toward businesses. Other representatives emphasized the need for continuity in economic policymaking.

Abdul Moeez Khan, FPCCI Vice President and Regional Chairman Sindh, said the minister’s visit would help restore confidence among investors.

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