Prime Minister Anwaar-ul-Haq Kakar has rolled out the red carpet for foreign investors with a brand new visa regime designed to boost investment and economic growth. Launched in Islamabad today, the policy aims to streamline the visa process and make Pakistan a more attractive business destination.

“Until we open up to the world, it will be challenging to attract investment and develop trade and economic relationships,” emphasized PM Kakar, highlighting the importance of visa facilitation as a cornerstone of international partnerships.

The new regime, first announced in September, offers a simplified path to visas for foreign businesspersons. Now, a single document from their home country or an international business organization will suffice, removing the need for cumbersome paperwork and delays.

“Pakistani missions will issue visas based on this single document,” declared PM Kakar, effectively turning Pakistan into “a country open for business.” This extends to individuals working in mid-sized and large businesses, further broadening the scope for investment and collaboration.

The Prime Minister expressed optimism that this streamlined visa regime will usher in a new era of economic prosperity for Pakistan. By welcoming investors with open arms and streamlined processes, Pakistan hopes to attract much-needed capital and expertise, paving the way for a brighter economic future.

This move marks a significant step in Pakistan’s efforts to attract foreign investment and integrate into the global economy. With a more welcoming visa policy and a focus on facilitating business ventures, Pakistan is sending a strong message to the world: We are open for business and ready to thrive.