The True Post (Web News)An official Pakistani delegation led by Additional Secretary of the Board of Investment, Zulfiqar Ali, is currently in Ottawa, Canada, to hold negotiations on a proposed bilateral investment protection and promotion agreement.
The delegation includes senior officials from key departments related to trade, investment, and economic affairs. Discussions are focused on various aspects of the proposed Foreign Investment Protection and Promotion Agreement (FIPPA) and Bilateral Investment Treaty (BIT) between Pakistan and Canada.
During the opening session, Jean Christian Brillant, Director General for South Asia at Global Affairs Canada, welcomed the Pakistani delegation and expressed hope for constructive and productive negotiations between the two sides.
Pakistan’s High Commissioner to Canada, Muhammad Saleem, emphasized the shared commitment of both countries to finalize a robust and effective investment framework. He highlighted that Pakistan has introduced several reforms aimed at improving the business environment, including stronger investor protection, transparent dispute resolution mechanisms, and enhanced regulatory coordination.
He further stated that these initiatives are part of Pakistan’s broader economic reform agenda designed to attract both domestic and foreign investment and accelerate economic growth.
The High Commissioner expressed optimism that the ongoing talks will strengthen bilateral economic cooperation and create new opportunities for investment between Pakistan and Canada.
