Pakistan, Canada advance BIT talks

Pakistan and Canada have completed a third set of discussions in Islamabad on a proposed Bilateral Investment Treaty, The Express Tribune reported on October 24. The talks mark continued progress toward an agreement intended to deepen economic links and encourage investment between the two countries.

Federal Minister for Board of Investment Qaiser Ahmed Sheikh and Canadian High Commissioner Tariq Ali Khan joined the closing session and recognised the work of both negotiating teams. Khan called for further engagement on an arrangement that could support investor confidence and shared economic ties, while Sheikh reiterated Pakistan’s aim of widening investment opportunities for Canadian businesses in renewable energy, mining, agriculture and information technology.