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Foreign (dis)investment easing in Pakistan

Since 1992, taking money into Pakistan has been easy and there have been no questions asked on the source. But taking money out of the Pakistan through legal channels has remained an arduous task. Meanwhile, the informal channels remain unabated. The good news is that SBP is opening up channels for money to be taken
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Pakistan shortlists Belgium Law Firms in its fight for Basmati Rice in the EU

Prime Minister Imran Khan is expected to pick one of the international law firms short-listed for fighting Pakistan’s case in the European Union to protect the country’s long-grain aromatic Basmati rice after India applied for ‘an exclusive’ GI (Geographical Indications) tag for the brand name. Both Pakistan and India had earlier in the late 1990s
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SBP introduces a transparent mechanism with complete delegation to banks for remitting disinvestment proceeds to facilitate foreign direct investment

The State Bank of Pakistan (SBP) has introduced a new mechanism to enable companies in Pakistan to conveniently remit out disinvestment proceeds to their foreign shareholders. The goal of this initiative is to make Pakistan a more attractive place for investment by increasing investors’ confidence and support ease of doing business. The new mechanism also
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Advice on Criminal Procedure Code

Under the Criminal Procedure Code of Pakistan, a person who suffers a cognizable offence against his person may under section 154 of the Criminal Code approach the police station in whose jurisdiction the offence has occurred and ask the police officer on duty to register a First Information Report. Should the police refuse to register
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