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Home Commerce Ministry

India to frame law to protect Pakistani investors

byM Arshad
10/09/2014
in Commerce Ministry, Islamabad, Latest News
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ISLAMABAD: The Ministry of Commerce, in a report, sent to the government stated that the Indian Parliament is planning legislation to provide financial and non-financial protection to those Pakistani investors who are interested to invest in India.

“Therefore, Pakistani government must also take such an initiative to attract more investment from foreign investors and legislate to protect the foreign investors,” it said.

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According to the Commerce Ministry in the first phase, Pakistan will get fast boost in exports of textile products and then other sectors will be given proper attention.

In the report, the ministry stated that due to exchange of trade delegations, our traders got new ideas for their import and exports which will further boost the economy of the country, adding that ministry recently received innovative ideas for export items which were not exported from Pakistan.

 

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